FOR BUSINESS FOR MYSELF PREMIUM ABOUT THE BANK

FOR MYSELF

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Premium+

23%
Interest rate
25 months
Deposit term
For premium card holders
Visa Infinite
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Detailed terms

Name of the deposit

Premium+

Deposit currency

National currency – sum (UZS)

Annual interest rate on the deposit

23% per annum

Availability of capitalization of interest accrued on the deposit (recalculation of interest with the addition of accrued interest to the principal amount)

No

Deposit term

25 months from the date of deposit

Minimum amount of funds credited to the deposit

50 000 000.00 (Fifty million) sum

Maximum deposit amount

10 000 000 000.00 (Ten billion) sum

Frequency of payment of interest on the deposit

Monthly, in the deposit currency, by automatic crediting:
- to account No. 20206 - "Demand Deposit Account"

Method of making a deposit

Online and offline

Possibility of additional contribution

Provided for in the first 12 months

Automatic extension (unilateral extension of the deposit term by the bank upon expiration of the deposit term)

No

Other conditions

Deposits opened in the Bank's branches in the mobile application are available for viewing only.
In accordance with the Tax Code of the Republic of Uzbekistan (Articles 30, 366 and 382), from non-residents of the Republic of Uzbekistan who do not have the status of a tax resident, the Bank will withhold tax from the interest (income) paid on the deposit in the amount established by the legislation of the Republic of Uzbekistan (10% of the amount of interest paid).

Partial withdrawal

Provided, subject to maintaining the minimum deposit amount of 50 000 000.00 (Fifty million) sum

Procedure for early termination of the deposit agreement

In case of full early closure of the deposit, accrued interest is recalculated in the following order:
• from 1 to 12 months - 22%;
• over 12 months - 23%.
Overpaid amounts of interest are withheld by the bank from the principal amount of the deposit.
Interest is paid for the actual number of full months that funds are in the deposit.
Interest is not paid for an incomplete month.

Deposit guarantee

All deposits of individuals in JSC 'APEX BANK' are subject to mandatory guarantee in accordance with the Law of the Republic of Uzbekistan 'On the Guarantees for the Protection of Deposits in Banks' (No. 1031 dated February 18, 2025). The amount of the state-guaranteed deposit is now 200 million sums per depositor in one bank. This requirement applies to new deposits made after the law came into force. If you already have a term or savings deposit that was opened before the law came into force, it is fully guaranteed regardless of the amount.
If your deposit is less than 200 million sums, it will be guaranteed by the state in full.
Another innovation is that the law now regulates not only relationships in the area of guaranteeing deposits of individuals, including individual entrepreneurs, but also legal entities in banks.

What happens if your deposit exceeds 200 million sums?

• It is important to understand that the established guarantee amount of 200 million sums does not mean a prohibition on depositing larger sums in the bank. Keeping money in the bank is much safer and more profitable than keeping it at home. The guaranteed amount only applies in the event of the bank's liquidation; in other cases, banks will continue to meet their obligations under deposit agreements.
• Compensation payment deadlines: previously, the start date for the return of deposits was 83 days; now it has been reduced to 20 working days and will gradually be shortened to 7 working days. This means that the Agency is given a maximum of 20 working days to make compensation payments, but under necessary conditions, payments can be made earlier.
• Even if you do not manage to receive your money within the established timeframe, there is no reason for concern. You may collect your money from the Agency at a time convenient for you.

The law can be found at the link
"Your deposits are guaranteed" link

FAQ

What is a deposit?

A deposit is money that you place in the Bank for a certain period to earn interest.

How to open a deposit?

You can open a deposit offline through Sales Offices.

How are interest on deposits calculated?

Interest is accrued from the day after the deposit is opened until the day preceding its return. The calculation is based on 365 days in a year. Interest is not accrued during the period when the depositor’s account is frozen by court authorities.

What is the minimum deposit amount?

The minimum deposit amount is the amount specified in the deposit terms, which is required to open the deposit and must remain in your account throughout the term of the agreement.

Why is the monthly deposit interest amount different, even though the deposit amount has not changed?

Interest is calculated based on the actual number of days in the current month. For example, January has 31 days, and February has 28–29. Therefore, the interest amount differs accordingly.

After the deposit term ends, what happens to the money that has not yet been withdrawn?

After the deposit term ends, the funds will be transferred from the term account to the details specified in the agreement.

What is capitalization?

Capitalization is the addition of accrued interest to the principal amount of the deposit.

What is prolongation?

Prolongation is the automatic extension of the deposit on the day of its maturity. The deposit is extended with the amount available at the time of extension and for the same term as at the time of opening.

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