HelpFor legal entitiesCurrent Account ServicesMinimum balance requirementsCan I earn interest on the balance in a special account for capital repairs?

Can interest be earned on the balance of a special account for capital repairs?

Bank Uralsib has a special offer for existing homeowners' associations and other specialized consumer cooperatives. This is an opportunity to earn additional income on the balance of funds held in a special account for accumulating funds for capital repairs for homeowners' associations and other specialized consumer cooperatives through interest accrual on a minimum or fixed balance of funds, at a rate of 3.5% per annum.

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