OREANDA-NEWS. October 03, 2014. Sviaz-Bank (Vnesheconombank Group) has been accepting deposits in rubles from individuals in three-year Chempion Plyus (Champion Plus) time accounts.

Deposits in Champion Plus accounts can be increased at an interest rate that is fixed for the full term of the deposit account. For a Champion Plus deposit account to be opened, a customer is required to have at least 15,000 rubles in a savings account with the Bank.

Customers may open Champion Plus deposit accounts for one year to three years at a Bank office or through the Internet Bank. A three-year deposit placed with a Bank office will pay interest at a rate of 9.04% per annum. A deposit account opened through the Internet Bank pays a higher interest, 9.44% per annum. If capitalized every month, interest will be paid on the deposit at effective rates of 10.34% and 10.86%, respectively.

Interest payable on the Champion Plus deposit account can be capitalized or withdrawn every month (at the customer’s option), increased without limitations put on any additions made during the first year of the deposit, or terminated without loss of accrued interest on expiry of 100 days of a deposit placed in a one-year account and 367 days of the date when funds are deposited in a three-year account.