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Current accounts, corporate savings or loans, let us help you find the right services to fit your commercial needs.
Current Accounts
A current account records all your transactions in a clear manner. You may request a checkbook for your current account. Monthly statements are sent to you free of charge. You may also opt for daily or weekly statements at an additional fee. For your convenience, our computerized standing order facility is able to process your periodic payments.
Corporate Savings
This account has the advantage of holding no limitations on the number of withdrawals. The interest rate is presently 1.00% and is calculated daily and credited to the account monthly. Monthly you will receive a statement. No interest is calculated, if the balance is less than ANG 5,000.00.
Time Deposit
We offer time deposits to customers who wish to invest a fixed amount for a fixed period of time. The interest rate depends on the term of the deposit. The term of a time deposit varies between 6 months and 5 years. The minimum deposit is between ANG 5,000.00 and ANG 10,000.00 depending on the term.
Please contact our Account Executives at Orco Bank for further information.
Call Accounts
|
ANG amount |
ANG interest |
| Interest below minimum |
|
0.50% |
| minimum amount at opening |
100,000.00 |
|
| interest above |
|
0.75% |
| 1st treshold |
5,000,000.00 |
|
| interest above 1st treshold |
|
1.00% |
| 2nd treshold |
10,000,000.00 |
|
| interest above 2nd treshold |
|
1.25% |
| 3th treshold |
20,000,000.00 |
|
|
|
1.00% |
|
USD amount |
USD interest |
| Interest below minimum |
|
0% |
| minimum amount at opening |
50,000.00 |
|
| interest above |
|
0.10% |
| 1st treshold |
2,500,000.00 |
|
| interest above 1st treshold |
|
0.15% |
| 2nd treshold |
5,000,000.00 |
|
| interest above 2nd treshold |
|
0.20% |
| 3th treshold |
10,000,000.00 |
|
|
|
0.15% |
|
EUR amount |
EUR interest |
| Interest below minimum |
|
0% |
| minimum amount at opening |
40,000.00 |
|
| interest above |
|
0.25% |
| 1st treshold |
2,000,000.00 |
|
| interest above 1st treshold |
|
0.50% |
| 2nd treshold |
4,000,000.00 |
|
| interest above 2nd treshold |
|
0.75% |
| 3th treshold |
8,000,000.00 |
|
|
|
0.50% |
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