Savings account
Top up the account or withdraw your money at any time without losing the interest
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Advantages
Stable income at 7%
Accrued on a daily basis, paid out once a month
Free access
Top-ups and withdrawals without interest loss
Easy opening
Within a few minutes in the My O! superapp
How does the savings account work?
Open an account
Within a few minutes in the My O! app
Put at least 1,000 somsв
This will be the starting amount for interest accrual
Interest every day
Minimum balance interest accrual
Monthly payments
On the first business day of each month
Withdraw money at any time
Without interest loss, 24/7
Terms
Calculator
Preliminary estimates. Not a public offer.
EPAR of 7.23% per annum in KGS applies until the monthly accrual limit of 25,000 soms is reached.
O!Bank is a member of the Kyrgyz Republic Deposit Protection System. According to the Kyrgyz Republic Law on Protection of Bank Deposits, all deposits are insured, and deposit holders are titled to be paid up to 1,000,000 KGS in a warranty event. Find out more on deposit.kg
Open O!Bank section of the My O! app
Enter the "Savings" section
Select "Savingsaccount" in the product list
Click "Open an account" and validate your actions
Account is opened, you can top it up at once or later
Frequently Asked Questions
What is the savings account?
Savings account is like a deposit but more flexible. Your money are available at any time, and interest accrued on a daily basis based on the balance in amount of at least 1,000 soms.
What is the difference between the savings account and typical deposit?
Money put on a deposit account are "frozen" for a specific period for a higher rate. With a savings account, you are free to put or withdraw money without losing your interest.
Can I open more than one savings account?
No, one account per client only.
How to top up the savings account?
Select account in the O!Bank section, click "Top up", enter amount, and the money will be credited to the account immediately and transaction displayed in the history.
Does any minimum top-up amount apply?
No. However interest is only accrued if the current day`s balance is at least 1,000 soms.
How to withdraw money and what will happen to the interest rate?
Select account, click "Withdraw", select beneficiary account. Once the money is withdrawn, interest will be further accrued on the balance based on the current rate
How is interest capitalized?
On the first business day of each month: the whole previous month`s income will be credited by a single transaction with the "+" sign.
Does any income limit apply to savings account?
Yes, the maximum amount payable is 25,000 soms per calendar month.
What amount will interest be accrued if I withdraw money during the day?
The bank considers the day`s minimum balance. For example: there were 10,000 soms on the account, 6,000 soms were withdrawn → interest will be accrued on the balance in amount of 4,000 soms.
How can I see the transaction history and account statement?
Open the "All transactions" section → "Statement" → "Save" or "Share". You can download the document or send that to a messaging app.
May I rename the savings account?
Yes. Click "Rename", specify the purpose or name ("Vacation", "Emergency fund", etc.), and the new name will appear in the app immediately.
How does the deposit calculator work?
Enter average balance, and the calculator will show the income forecast and consider the 25,000 KGS monthly limit.
How does the deposit calculator work?
What is the deposit interest capitalization?
How is deposit security guaranteed?
O!Bank is a party to the Kyrgyz Republic Deposit Protection System. According to the Kyrgyz Republic Law on Bank Deposit Protection, all deposits are insured and, in case of a warranty event, up to 1,000,000 soms will be paid to deposit holders.