Bank account opening in Europe

Multicurrency acounts

Multicurrency account allows to keep savings in different currencies.
Inflation and low deposit interest rates decreases depositors demand for ordinary bank deposit. In this case a lot of banks offers new financial instrument, such as multicurrency deposit. Such deposit allows to save funds from inflation, and also to obtain some extra incomings.
Savings in different currencies are profitable in case of big exchange rate fluctuations. It differs from ordinary deposits, because allows to open different currencies deposits within one deposit agreement.
Initial deposit may be effected in one currency, and savings structure is up to clients demand. It is available to tranfer funds between different currencies accounts within all period of deposit agreement, depending on exchange rate. Interest rate is different fore ach currency.
Currencies proportion may be changed mainuly fats, using internet banking or by visit to bank‘s Office.
Such savings are especially attracted to customers, who has incomings in one currency, but are planning to spend another one.

Payment cards

Payment card is electronicall instrument, allowing to effect fast and safe non-cash payments.

No-name cards
Debit card is dedicated only for cash withdrawal from ATM. These cards have high rate of confidentiality, since no holder name and signature marked. It is possible to choose EUR andUSD.

Credit cards

Master Card Standard and Visa Classic “Master Card Standard” and “Visa Classic” are worldwide recognized payment cards, offered to medium incomings customers. Card owners may use own funds, or credit line, offered by the bank.

Master Card Gold and Visa Gold “Master Card Gold” and “Visa Gold” are worldwide popular cards, for higher income customers. Such cards highlights your social status and prestige.

Master Card Platinum ir Visa Platinum “Master Card Platinum” and “Visa Platinum” are Premium class cards, for VIP customers.