Certificate of deposit

• Residents and non-residents can be holders of certificates in accordance with the current legislation of the Russian Federation and Bank of Russia regulations ^[1] .
• The Bank may provide for the possibility of early presentation of an urgent certificate for payment, usually at a reduced interest rate set when issuing the certificate.
• Mandatory details of the certificate of deposit certificate:

1. Name "Certificate of Deposit";
2. Reason for issuing;
3. Date of deposit;
4. The size of the issued deposit;
5. The bank's unconditional obligation to return the amount deposited;
6. Date the beneficiary claimed the amount of the certificate;
7. Interest rate for using a deposit;
8. Amount of interest due;
9. Name and address of the issuing bank and (for a registered certificate) beneficiary.

Certificates may:

1. Produced both in a single order and in series
2. Be registered or bearer

• a security , a written certificate of a bank on a cash deposit, confirming the right of its owner (only a legal entity ) to receive the deposit amount and interest on it at a specified time. Certificates of deposit are issued only in rubles; interest is accrued on them in the form of interest.

A certificate of deposit is a security in the form of a certificate of the issuing bank on the deposit of funds. Such a certificate certifies the right of the holder (legal entity) to receive the full amount of the deposit and interest on the deposit after a specified period. Cash settlements are carried out only in non-cash form.

• urgent yield securities with a par value in rubles and interest income.
• certificate of deposit can be mortgaged , discounted at discount rate.
• A certificate of deposit has greater liquidity than a deposit agreement and can be resold.

• Savings certificate
• Debt
• Commitment
• Loan
• Credit
• Contract
• Deal
• Finance
• Bank
• Discount rate
• Coupon rate
• Interest rate
• Pledge
• Making securities