«Subsoil user» special deposit

Name Condition
Customer segment, which the deposit is offered to
Legal entities, their affiliates and representative offices
General description of product
contribution in view of creating subsoil user’s liquidation fund with the purpose of damage control of subsoil use operations in accordance with the requirements of the law of the Republic of Kazakhstan on subsoil and subsoil use.
Deposit period
in accordance with the terms and conditions of the contract for execution of subsoil use operations and existing law of the Republic of Kazakhstan
Currency of deposit
KZT, USD, EUR 
(currency of deposit may be determined by the contract for subsoil use)
Minimum deposit amount
Not limited
Remuneration rate
Established on a case-by-case basis
Customer category
Subsoil users
Payment of remuneration
Every six months
Supplementary contributions
Allowed
Partial withdrawals/ Premature termination

Allowed upon submission of the written permission (consent) of the competent authority, determined by the Government of the Republic of Kazakhstan, to the Bank

Capitalization of remuneration
Not stipulated
Terms and conditions of premature termination of bank deposit
1) with actual period of Deposit amount allocation of up to 6 (six) months from the date of funds crediting to the savings account, accrued remuneration is not paid; 

2) with actual period of Deposit amount allocation of 6 (six) and more months from the date of funds crediting to the savings account, remuneration accrued (paid) is recalculated and paid at the on-demand rate, valid as of the date of signing the Bank deposit agreement
Prolongation of Deposit term
Not stipulated