The National Bank of Ukraine gave individuals the right to purchase currency from the bank in non-cash form in case of its subsequent placement on deposit. You can profitably buy foreign currency for deposit and place a foreign currency deposit at high interest rates at Agroprosperis Bank.
Advantages for you:
▪ You buy currency at a rate that is better than the market rate;
▪ You protect your money in a reliable currency in a reliable bank;
▪ You receive a guaranteed deposit income at an attractive rate.
Choose the best deposit terms for you and calculate your income in the deposit calculator on our website on the page Deposits for individuals in USD.
What is the exchange rate?
In Agroprosperis Bank, you can buy US dollars or euros at the exchange rate, which is calculated as the official rate of the National Bank + 1%. The transaction of purchase also involves a 1.5% commission fee. The resulting exchange rate is more profitable than the market exchange rate.
Example of calculation for the USD as of September 26, 2022:
The official exchange rate of UAH against USD, fixed by the National Bank of Ukraine since 07/21/2022, is UAH 36.5686 for 1 USD.
The average selling rate of a cash dollar in banks is 42.70 UAH for 1 USD.
Your favorable exchange rate for buying USD for a deposit is UAH 36.9343 for 1 USD (NBU rate 36.5686 + 1%).
So, if you exchange UAH 50,000, you will receive 50,000/36.9343 = USD 1353,76.
A 1.5% commission fee for the purchase and sale of currency 50000*1.5% = UAH 750 is deducted from this amount.
If you buy a cash dollar, you will receive 50000/42.70 = USD 1170.96.
That is, your immediate profit is equal to over USD 150 including the fee for currency purchase in the amount UAH 750.
How to exchange currency at a favorable rate?
You can exchange no more than UAH 50,000 per month. The money must be credited to the deposit for a period of 3 months, which does not provide for the possibility of termination before the end of the term of the deposit. You can exchange funds and open a currency deposit at any bank branch. Currency purchase in online-banking is not available.
What are the highest rates for currency deposits?
At Agroprosperis Bank, you can buy currency and place a deposit in USD or euros. A foreign currency deposit for 3 months will bring you from 0.5% to 1.5% p.a. If you place a deposit for 18 or 24 months you can get up to 2.25% p.a.
How to get foreign currency in cash?
Immediately after the deposit expires, you can dispose of money in the currency of the deposit and accrued nterest, in particular, receive currency in cash up to UAH 100,000 equivalent per day. Withdrawals from the deposit account are free.
How are foreign currency deposits guaranteed?
Foreign currency deposits are guaranteed by the Deposit Guarantee Fund in the same way as hryvnia deposits. Reimbursement of foreign currency deposits is made in hryvnias at the official exchange rate set by the National Bank of Ukraine. During martial law and within 3 months after it, the Fund is obliged to reimburse each depositor in the full amount of his deposit, including interest, and after that - in the amount of UAH 600,000.
Buying foreign currency for deposit in Agroprosperis Bank is a double benefit for you, because with us you can exchange currency at a low rate and place a deposit in foreign currency at high rates. This decision will help reduce currency and inflation risks, because you will keep money in a reliable currency in a reliable bank with 100% international capital of the USA and Europe.
Buying currency in a non-cash form not only protects your savings, but also helps the economy of Ukraine - in this way, the demand for cash currency decreases, and therefore the pressure on the cash exchange rate.