Certificates of deposit with a yield of 17.0%
VTB Bank (Kazakhstan) offers clients certificates of deposit.
This product is created for those who value the unique opportunity to receive maximum rewards from placing money in the bank.
- Documentary letter of credit - any types of letters of credit, including confirmed, unconfirmed, revolving, standby letters of credit, transferable, with a red clause, back-to-back, etc.;
- Documentary collection - upon receipt of payment or acceptance of documents.
- Bank information and payment terminals
- in QIWI Kazakhstan terminals
- in the terminals of the U-station
- in PayDala terminals
The conditions for the issue, circulation and redemption of bank certificates of deposit are as follows:link
Advantages of a certificate over a bank deposit:
High profitability
Convenient terms of placement
Conditions:
| tenge | |
| 17.0% per annum. | |
| 1 million tenge. | |
| without limitation. | |
| 6 and 12 months to choose from. | |
| Payment of remuneration | made within 5 working days after the end of the placement period or every 3 months. |
| Deposits and partial withdrawals | not provided. |
| Early termination | without payment of remuneration, on 31 calendar days from the date of contacting the bank. |
Special options: Assignment (transfer) of rights under a certificate of deposit
The Bank provides for the possibility of assigning (transferring) rights under the Certificate to another individual on the basis of documents confirming the transaction for the transfer of rights to the Certificate, for example, a purchase and sale agreement, assignment of the right of claim, donation, exchange, etc.
The bank enters into an additional agreement with the client to the Sale and Purchase Agreement.
The accrual of remuneration for the Certificate, the rights under which have been assigned (transferred), is carried out to the new holder from the next day after the date the Certificate is credited to the personal account of the client (new holder).
To issue a Certificate or register the right of assignment, the client must contact the bank branch with a document certifying the identity of a resident/non-resident of the Republic of Kazakhstan.
You can conclude an agreement on the issue of a certificate of deposit at any branch of VTB Bank (Kazakhstan) in12 cities of the country.
Since the certificate of deposit is not a bank deposit, it is not guaranteed by Kazakhstan Deposit Guarantee Fund JSC.
¹ Approved by the decision of the ALCO of Subsidiary VTB Bank (Kazakhstan) JSC Extract No. 2 from Minutes No. 10 dated June 13, 2024 (came into effect from June 17, 2024)