First Ukrainian International Bank (FUIB) launched a new product for its corporate clients: interest accrual on stable balances of current accounts. As there are no blockings or minimum balances, the service in no way limits current operations of the clients and utilization of funds from the account.
“Key benefit of this product for the clients is the possibility to receive income on current account balances at the level of term deposit rates. At the same time the free access to the funds is preserved and there is no need to maintain a certain balance on the account, − Anton Gurban, the Head of Transactional Services Division of FUIB comments the advantages of the new product. Moreover, the clients can reduce operating and administrative expenses for execution of deposit agreements and handling of deposit transactions”.
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