At purchasing units in any of the common open-end investment funds distributed by OTP Bank Romania, you can open deposits with promotional interest rates in RON or EUR, without a fixed period of subscription and redemption.
OTP Sincron is a savings and investment product that offers multiple possibilities of combining term savings for 1, 2, 3, 4 or 6 months, both in RON and EUR with investment in any of the three open end investment funds, OTP AvantisRO, OTP Obligaţiuni, OTP ComodisRO, distributed by the Bank.
This savings and investments product consist in:
- RON or EUR term deposit with promotional interest rate, with 1, 2, 3, 4 or 6 months maturity;
- funds units of any of the open-end funds OTP AvantisRO, OTP Obligaţiuni, OTP ComodisRO, for an amount at least equal with the promotional term deposit amount.
More precise, diversify your investments and get a short-term secure income from term deposit!
CHARACTERISTICS of term deposit with promotional interest rate:
- can be formed in RON and EUR;
- you can choose the maturity period: 1, 2, 3, 4 or 6 months;
- the minimum amount necessary for opening a promotional term deposit is 100 for RON deposits, or 100 for EURO term deposits;
- at maturity, the deposit amount and the appropriate interest will be transferred in your current account from OTP Bank;
- in case of withdrawal before maturity, the interest rate applied for the deposit will be equal to the interest rate granted for the current account;
- the RON and EUR promotional deposits' amounts cannot exceed at the forming day the value of the owned fund units*;
- the minimum amount invested in fund units** is 3500 RON until the maturity of the promotional term deposits.
* equivalence in RON will be made at NBR exchange rate valid in the term deposit constitution day
** the portfolio value is calculated based on the net asset value per fund unit (VUAN) registered at December 30th, 2010.
Make a promotional term deposit in RON or EUR at OTP Bank Romania and purchase fund units in any of the three open end funds and you will benefit from the following ADVANTAGES:
- promotional interest rates for RON and EUR term deposits, fixed throughout the period of the deposit, so you can know from the start the accumulated interest that you will receive;
- ZERO withdrawal commission for the amounts of term deposits withdrawed at maturity date, according to contractual terms;
- the amounts in these deposits are guaranteed by the Deposits Guarantee Fund in the Banking System in the limits and according to the actual legislation;
- zero subscription and redemption commission for the fund units detained in OTP ComodisRO;
- flexibility and easy access to a diversified portfolio of assets.
Subscription and distribution
The savings package OTP Sincron is available in any branch of OTP Bank Romania.
Ask in our branches about the savings package OTP Sincron!
To benefit of the promotional term deposits in RON or EUR, you have to invest starting with December 31, 2009 minimum 3500 RON in any open end fund OTP AvantisRO, OTP Obligaţiuni, OTP ComodisRO and to keep them till the deposit's maturity.
Complete information are available through Contact Center OTP Bank Romania, calling 0800 88 22 88, through OTP Bank Romania branches or at OTP Asset Management Romania SAI S.A. headquarter.
OTP Sincron savings package addresses ONLY to individuals!
The Issuance Prospect, the Adhesion-Subscription Application, as well as complete information you can obtain from the office of the Distributor OTP Bank Romania, from the office of OTP Asset Management Romania S.A.I. SA Company, as well as from the internet page www.otpfonduri.ro.
Read the Issuance Prospect before investing into this Fund!
The previous performances do not represent a guarantee concerning the future evolutions.
FDI OTP AvantisRO
CNVM Decisio no. 376/27.02.2008
CNVM Registration No. CSC06FDIR/400050
FDI OTP Obligaţiuni
CNVM Decisio no. 375/27.02.2008
CNVM Registration No.CSC06FDIR/400048
FDI OTP ComodisRO
CNVM Decisio no. 377/27.02.2008
CNVM Registration No.CSC06FDIR/400049
OTP Asset Management Romania SAI SA
83 Dacia Blvd, 2nd district, code 020052, Bucharest;
Trade Register number J40/15502/2007; Sole Registration Code 222 64 941
Decision CNVM no.2620/18.12.2007;
CNVM decision of authorisation no. PJR05SAIR/400023;
Tel. 031/308 55 50 Fax: 031/308 55 55;
www.otpfonduri.ro and office@otpfonduri.ro
Distributor:
OTP Bank Romania,
66-68 Buzesti Str., district 1, 011017, Bucharest
Registered at ORC with no. J40/10296/1995; CUI 7926069;
registered at Banking Reg. with no. RB-PJR-40-028/1990.