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Switch Deposit
Make the most of your Switch Deposit, the most convenient account for your needs.
Switch Deposit offers you the option of changing the deposit currency within the maturity period without losing any accumulated interest. The currencies offered are ALL, EUR, and USD for six and twelve month periods.
Key features of the deposit are:
- The minimum deposit amount is 50,000 ALL / 500 EUR / 500 USD
- The amount and maturity term are fixed according to the agreement.
- The client can exchange the deposit from one currency to another at any time, without losing the interest calculated up to the date of the exchange.
- The deposit will be exchanged at the exchange rate in force on the date of the exchange.
- The principal amount exchanged and the calculated interest will be redeposited for the remaining term.
-The deposit will be reopened with the interest rate in force on the date of the exchange for the specified term.
- The number of exchanges during the deposit term is unlimited.
Withdrawal before maturity:
- If the client withdraws the deposit partially or in full before the maturity date, in any case it will be considered an early closure of the deposit, resulting in the loss of the interest accrued up to that moment.
- For all pensioner clients who receive their pension through ABI Bank, an additional +0.2% is offered on top of the published product rates (as referred to in the table below).
- The interest rates shown in the table below apply to new funds.
*Deposit in ALL*
| Amount | Interes rate 6 months | Interes rate 12 months |
| 50,000 - 4,999,999 | 0.20% | 0.40% |
| 5,000,000 - 14,999,999 | 0.30% | 0.60% |
| Over 15,000,000 | 0.35% | 0.70% |
*Deposit in EUR*
| Amount | Interes rate 6 months | Interes rate 12 months |
| 500 - 99,999 | 0.03% | 0.08% |
| Over 100,000 | 0.04% | 0.09% |
*Deposit in USD*
| Amount | Interes rate 6 months | Interes rate 12 months |
| 500 - 99,999 | 0.15% | 0.15% |
| Over 100,000 | 0.17% | 0.20% |
For more information about the Deposit, please read the Deposit Bulletin.
For more information, we invite you to visit one of our branches in Tirana or in other districts.
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Our bank is a member of the Deposit Insurance Agency.
All deposit accounts of any commercial company depositor in the Republic of Albania held with American Bank of Investments sh.a. are insured by the Deposit Insurance Agency (ASD) up to the level of ALL 2,500,000 (two million five hundred thousand Lek) or its equivalent value in foreign currency, in accordance with the provisions defined in Law No. 53/2014, “On Deposit Insurance”, as amended.
