On Nov. 13, business deposit rates at the Ural Bank of Reconstruction and Development (UBRD) rose to 14.1 percent per year.
The deposits help businesses profit quickly through funds that are temporarily free. Investors can even fill the deposits for just one day at a time.
Compared to other banking options, these business deposits provide advantageous alternatives.
One advantage is that business owners are free to choose the amount they wish to invest, as well as the deadline on which they must pay the funds. They can tailor their approach to their specific income for their specific business.
Another bonus for the deposits is that company owners can choose the conditions they want to accompany their deposits, such as interest rates, renewal possibilities, exemption rates and withdrawal rates.
Business owners with UBRD now have the freedom to choose the deposit that will best benefit their companies, such as various interest rates and the ability to manage their deposit accounts.
UBRD has modified their deposit plans to include comfortable designs where business owners can post unlimited deposits to the bank via the Internet or the bank office clerk. Consumers can also choose to “overnight” their deposit funds to have the finances available within 24 hours.
UBRD is among the top 35 banks in the Russian Federation.