Interest rate applicable to fixed-term deposits in Pesos.
|FIXED-TERM DEPOSIT||Annual Nominal Rate (TNA)||Annual Effective Rate (TEA)|
|FROM 30 TO 59 DAYS||23.00%||25.59%|
|FROM 60 TO 89 DAYS||24.00%||26.83%|
|FROM 90 TO 119 DAYS||25.00%||28.08%|
|MORE THAN 119 DAYS||26.00%||29.34%|
|(*) Minimum amount $1.000. Monthly capitalization.|
Deposits in pesos and foreign currency are guaranteed up to $ 450.000.- In the case of transactions made in the name of two or more persons, the guarantee shall be prorated among the holders. In no case, the total guarantee per person and per deposit may exceed $ 450.000, regardless of the number of accounts and/or deposits. Law 24.485, Decree 540/95 and Communication “A” 2337, amendments and complementary provisions thereto. Deposits benefited from incentives or special remunerations other than the interest rate, acquired by endorsement or made by persons connected to the financial institution, are excluded.