Deposits in PrivatBank

Safe deposits with beneficial interests

Advantages of your deposits with PrivatBank Cyprus

- PrivatBank Cyprus levies no taxes or fees on interest accrued if you are a non-resident of Cyprus and have a relevant declaration to prove it (Cyprus residents are levied with the 30% tax on their deposit interests).

- The deposits that are placed with PrivatBank Cyprus, are guaranteed by the Deposit Guarantee Fund of the Central Bank of Cyprus in the amounts up to 100 thousand Euros or USD equivalent.

- You may monitor a deposit account through the Privat24 Internet Banking system.

- We proivide the individual approach to every our client. 

Deposit interest rates

RESIDENTS OF CYPRUS: individuals’ deposits in USD and Euro

Type of deposit 
 
 AMOUNT,
EUR/USD
 
Replenish possibilty
 
Interest payment term
 
 
Partial withdrawal


 
Deposit period


 
Annual interest

rate
Fixed term deposit
– One of the highest interest rates in Europe
– You may get interest accrued into your current account in PrivatBank, card account or account in any other banks 
From 200'000 EUR/
220 000 USD up to 500'000 EUR/USD
- Monthly or at the end of the deposit period - 31-183 days
1 %
184-366 days
2.6 %
367-545 days
3.1 %
From 500'000 up to 1000'000 EUR/USD
-
Monthly or at the end of the deposit period
-
31-183 days
184-366 days
367-545 days
1.25 %
3.1 %
3.6 %

From 1'000'001 EUR/USD
- Monthly or at the end of the deposit period
- 31-183 days
184-366 days

367-545 days
1.5 %
3.6 %
4.1 %
Saving deposit
– You may replenish your deposit at any time without signing any additional аnnexes to your agreement
– Only for customers with a deposit portfolio in the equivalent of EUR 200,000 and more 
from 1,000 Yes, for sums higher than EUR 500 or equivalent Monthly - 367 days
2.1 %
Five-year deposit
– Highest interest rate
– Monthly payment of accrued interest
from EUR 200,000 / 
from USD 220,000
- Monthly
- 5 years 5.5 %

 

NON-RESIDENTS OF CYPRUS: individuals’ deposits in USD and Euro

Type of deposit 
 
 AMOUNT,
EUR/USD
 
Replenish possibilty
 
Interest payment term
 
 
Partial withdrawal


 
Deposit period


 
Annual interest

rate
Fixed term deposit
– One of the highest interest rates in Europe
– You may get interest accrued into your current account in PrivatBank, card account or account in any other banks 
From 200'000 EUR/
220 000 USD up to 500'000 EUR/USD
- Monthly or at the end of the deposit period - 31-183 days
1.5 %
184-366 days
3 %
367-545 days
3.5 %
500,000 - 1,000,000
-
Monthly or at the end of the deposit period
-
31-183 days
184-366 days
367-545 days
1.75 %
3.5 %
4 %

from 1,000,000
- Monthly or at the end of the deposit period
- 31-183 days
184-366 days

367-545 days
2 %
4 %
4.5 %
Saving deposit
– You may replenish the deposit at any time without signing any additional аnnexes to your agreement
– Only for customers with a deposit portfolio in the equivalent of EUR 200,000 and more 
from 1,000 Yes, for sums higher than EUR 500 or equivalent Monthly - 367 days
2.5 %
Five-year deposit
– Highest interest rate
– Monthly payment of accrued interest
from EUR 200,000 / 
from USD 220,000
- Monthly
- 5 years 6 %

Frequently asked questions