A special recording procedure for certain securities will be in effect until the end of 2025
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The form is developed in pursuance of amendments to the Law on Banks and Banking Activities in order to more clearly inform consumers of the terms of a bank deposit agreement. The table will indicate a type, amount, currency and term of the deposit, an amount of the constant interest rate (several rates, if provided for by the agreement, indicating the period of their application), or the procedure for determining the variable interest rate, the procedure for paying interest, the possibility of replenishing and early withdrawal of part of the deposit, as well as certain other conditions.
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