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Services for Serbian citizens abroad

ProCredit Bank is a development oriented bank that provides its clients with excellent service and a wide range of banking products.


Shareholders of the bank are ProCredit Holding AG and Commerzbank. In handling international payments, ProCredit Bank benefits from the extensive experience of Commerzbank, a major German commercial bank which is one of our shareholders.

Our customers can thus be sure that they will be offered competitive terms and conditions, and that all of their transactions will be executed promptly and reliably. Having in mind the quality of services that the bank offers, it has also created a range of special products and services for our citizens living and working abroad.

If you are living abroad, it is sufficient that you ask one of your relatives or friends living in Serbia to open a foreign currency account with ProCredit Bank and sends you instruction for money transfers.

INTERNATIONAL PAYMENTS
Amount100 EUR500 EUR1.000 EUR10.000 EUR100.000 EUR
Fee600 RSD600 RSD600
RSD
40.00 EURAs agreed
(*) (**) If incoming payments are placed in a TDA for 3 months Free of charge
(*) Charges of intermediary banks are not included.
(**) If TDA is terminated before maturity, 0.40% or minimum 600 RSD is charged by way of internal order.

SPECIAL OFFER FOR PROCREDIT BANK DEPOSITORS

Another attractive service that ProCredit Bank has introduced for its customers is an opportunity to receive international incoming payments free of charge. All that customers have to do is deposit the funds they receive in a time deposit account for at least 3 months, and they will not be charged the standard money transfer fee. The funds are credited to the beneficiary's account immediately upon receipt of covering funds.

TERMS AND CONDITIONS

Štedna knjižica effective interest rates:

Amount (EUR)

Interest Rate

Amount
(RSD)

Interest Rate

EIR

NIR

EIR

NIR

Up to 500

1,50%

1,49%

Up to 50.000

5,00%

4,91%

Up to 1.000

1,65%

1,64%

Up to 100.000

5,50%

5,39%

Up to 2.000

1,75%

1,74%

Up to 200.000

6,00%

5,87%

> 2.000

2,00%

1,99%

> 200.000

6,50%

6,35%

Amount (USD)

Interest Rate

Amount (CHF)

Interest Rate

EIR

NIR

EIR

NIR

Up to 500

1,20%

1,19%

Up to 1.000

0,35%

0,34%

Up to 1.000

1,36%

1,35%

Up to
2.000

0,50%

0,49%

Up to 2.000

1,61%

1,60%

Up to
4.000

0,65%

0,64%

> 2.000

1,71%

1,70%

> 4.000

0,80%

0,79%

Minimum amount required: RSD 400; EUR 5; USD 5; CHF 10
*IR are brut and include tax, according to the Law on tax on income of citizens


Spar Klasik, Avans and 50 effective interest rates for savings in EUR:

Period

Amount up to 10.000 EUR

Amount over 10.000 EUR

EIR

NIR

EIR

NIR

Avans

Klasik i 50

Avans

Klasik, 10 i 50

1 month

2,10%

2,08%

2,08%

2,25%

2,22%

2,23%

3 months

2,80%

2,75%

2,77%

3,25%

3,19%

3,21%

6 months

3,70%

3,60%

3,67%

3,90%

3,79%

3,86%

12 months

4,15%

3,98%

4,15%

4,35%

4,17%

4,35%

24 months

4,25%

3,99%

4,34%

4,45%

4,17%

4,55%

36 months

4,35%

3,99%

4,54%

4,55%

4,17%

4,76%


Spar Klasik, Avans and 50 effective interest rates for savings in RSD and USD:

Currency

Period

EIR

NIR

Klasik i 50

Avans

USD

1 month

2,00%

1,98%

1,98%

3 months

2,50%

2,48%

2,46%

6 months

3,00%

2,98%

2,94%

12 months

3,50%

3,50%

3,38%

RSD

1 month

11,00%

10,48%

10,39%

3 months

11,00%

10,57%

10,30%

6 months

11,00%

10,71%

10,17%

12 months

11,00%

11,00%

9,91%

*IR are brut and include tax, according to the Law on tax on income of citizens
** Interest rates are valid for both residents and non-residents
**** Interest rates for dinar term deposits are valid as of December 29, and rates for euro deposits as of July 21, 2010

PROPAY

ProCredit Bank has recently introduced a new service, ProPay, which is available to all customers who hold an account at any of the ProCredit Banks in the ProCredit network in South-eastern Europe.

ProCredit Bank customers in Serbia - and in most of the other countries where the ProPay service is offered - can receive international transfers free of charge, while outgoing transfers via ProPay cost much less than the standard rate for international transfers. And as no intermediary banks are involved, there are no additional charges to pay. Moreover, the funds are credited to the beneficiary's account immediately upon receipt of payment notification, even before the covering funds have been received. ProPay makes international money transfers both faster and cheaper

The members of the ProPay system are the ProCredit Banks in Bosnia and Herzegovina, Bulgaria, Georgia, UNMIK/Kosovo, Macedonia, Romania, Albania, Ukraine and Serbia.

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