Term deposits with maturity interest payment

Safe, reliable, with the highest interest rates in Montenegro.

Interest rates on fixed-term deposits in EUR and USD currency

Amounts of fixed term deposits

EUR 500,00 to EUR 200,000.00

USD 500,00 do USD 200.000,00

Terms of deposits 

12, 13, 24 and 36 months

Fixed deposits with maturity interest payment – in this case, interest on the fixed deposit is calculated and paid to the depositor along with the principal on the deposit maturity date, transferred to the depositors transaction account; 

Interest is calculated and paid in the currency of the deposit on the last day of the month, with the net interest transferred to the depositor's transaction account at the bank, after deducting the withholding tax amount – for non-resident legal entities. The bank is obliged to pay this amount on behalf of and for the account of the depositor, in accordance with the Law on Corporate Income Tax.


Fixed-term deposit in EUR currency with interest payment upon maturity

(Interest is paid on the maturity date of the deposit)

12 months
13 months
24 months
36 months

For deposits above 36 month - duration, the interest rate is separately arranged, for each individual case, as well as for the deposits exceeding EUR 200,000.00

When paying interest on the savings of individuals, the bank is obliged to calculate,
withhold, and transfer to the Montenegro Tax Administration the amount of income
tax for individuals, in accordance with the Law on Personal Income Tax. Client
deposits with the bank are protected according to the Law on Deposit Protection.

The terms of specific deposit products can be checked on the calculator:

Savings calculator

Note: The calculator is for informational purposes only. For more information, visit a Zapad Bank branch office. The bank calculates, withholds, and pays personal income tax to the Montenegro Tax Administration on the displayed interest amount in accordance with the regulations governing the taxation of personal income