The Ural Bank for Reconstruction and Development will stop paying the interest to those bank card holders who like to keep their money in their card account on April 1, 2008. Nevertheless, any bank card holder will be able to make its money work by transferring it from a bank card account onto a deposit right through the ATM.


The beauty of the new system lies in its system approach: firstly, the bank offers its customers four types of deposits to choose from, all of which were designed so as to meet the customers’ needs and are based on convenient and advantageous terms.


Secondly, a card holder can both top up his or her existing deposit account and open a new deposit. Then, provided the card holder uses Telebank, he or she will be able to do online management of accounts that were set up through an ATM.


Finally, a customer can set up a deposit account, top it up, and transfer money to and from this account using any of the bank’s ATMs.


For more details, visit the Ural Bank for Reconstruction and Development’s official website.