Deposits and interest

Wealth → Deposits keeps every term deposit, open and closed, with what you put in, the interest it earned year by year and the tax on that interest. Interest can also be read from your bank’s own statement or certificate. It is part of Pro.

Four figures

The tab (/wealth?tab=deposits) opens with:

Put in: The amounts deposited, open and closed deposits together, with deposits read from bank documents where their amount is known. When some have no amount, the note says how many.
Interest earned: Before tax: interest already credited plus what has accrued to date.
Kept after tax: The interest less the tax on it. It is shown only when the tax is known for every year; otherwise “—” with the reason, such as no rule for your residence on file.
On deposit now: What the open deposits are worth today, with interest to date. Interest documents give no balance, so when they are your only deposits this stays empty.

Totals are in the currency chosen at the top of Wealth, other currencies at today’s exchange rates. Interest counts in the year it is credited: as it accrues for monthly capitalisation, on each anniversary for yearly interest, and when it is paid for simple interest.

Earned by year

Each calendar year with interest, newest first: the interest and, where the tax is known, what was kept after it, or “no tax due”. The current year is marked Year running and includes the interest accrued so far.

Closed deposits

A deposit from the past is added like any other and marked Already closed, with the day it closed or was paid out and, if you have it, the amount paid out (principal and interest, as the bank paid it). It leaves today’s net worth and the What you own tab, and stays under Closed on this tab, in the interest by year and in the tax.

Each closed deposit shows what it paid out: the amount you entered, or, when you left it empty, the amount worked out from its terms up to the closing day, with the interest that comes to.

The deposit form also takes the bank’s country (the tax on interest can depend on it; left empty, it is your residence) and the tax withheld by the bank, as on its statement.

Tax on interest

Folded below the figures is the tax on the interest, year by year, as a resident of the country set in Settings and residency. Rules are on file only where they are read from the law or the tax authority, and their sources are linked in the app:

Russia: Deposits and accounts in Russian banks, in any currency. Each year’s interest is tax-free up to 1,000,000 ₽ times the highest Bank of Russia key rate on the first day of any month of that year (150,000 ₽ for 2023, 210,000 ₽ for 2024 and 2025, 160,000 ₽ for 2026 so far, which can still change). The rest is taxed at 13%, and from 2025 at 15% on the part above 2.4 million ₽. In 2023 and 2024 the 15% applied above 5 million ₽ of all your income in the year, which the app cannot see, so it is not counted. Interest received in 2021 and 2022 is exempt; earlier years are not covered. Deposits paying 1% a year or less in roubles are not taxed. Interest in another currency counts in roubles as the bank’s interest certificate prints it; where no rouble amount is printed, or the deposit was entered by hand, it is converted at today’s exchange rate as an estimate. The tax office adds up the interest from all Russian banks and sends the notice; the tax is paid by 1 December of the next year. Unused tax-free amounts of earlier years on deposits longer than a year are not modelled, and interest from banks abroad, which you declare yourself, is not counted.
Germany: Euro deposits at German banks: 25% plus the 5.5% solidarity surcharge on it, 26.375% in all. Your €1,000 Sparer-Pauschbetrag (€2,000 jointly) is not deducted, since it is shared with dividends and gains; if you do not use it elsewhere, your tax is lower. Church tax is not counted.

Where you entered the tax a bank withheld, or a bank document printed it, that figure is used instead of the rule. A deposit the rule does not cover, such as one at a bank in another country, is left out of the tax until you enter the tax from the bank’s statement; the tab says how many are left out.

For any other residence no rule is on file, and no tax is estimated: only tax a bank withheld, as you entered it or as read from a document, is shown. A year with nothing withheld on file shows “—”, not zero. Every figure here is an estimate, not a tax return.

Reading bank documents

Past deposits are quicker to read than to type. From a bank document on the Deposits tab, or Read a document when you add a term deposit, takes a statement or interest certificate from any bank, in any country and language: a year-end statement, an annual tax certificate, or the certificate of interest paid that banks issue for the tax office. A PDF or a photo (PNG, JPEG or WebP).

Upload. The document is read by AI (OpenAI) in the background, usually in under a minute. You can close the window and leave the page: the Deposits tab shows that it is still reading, then that it is ready to check. The result waits 30 minutes; after that, send the document again.
Check. The bank, its country and the period are shown with the interest the document prints and a check against its own total: Matches the document when the payments add up to it, Does not match with both figures, or No total to check when the document prints none. Each deposit is named by its terms, such as “RUB deposit at 16.56%”, with the last four digits of its account, its opening day, its interest and the number of payments.
Confirm. Nothing is stored until you add the payments. Discard drops the reading; Later keeps it for the rest of the 30 minutes.

Reading the same document again adds nothing twice: a payment already on file, with the same bank, account, currency, day and amount, is counted and left out.

The payments you add are listed under From bank documents, one folding group per bank, with each deposit’s interest, number of payments and years. Remove deletes every payment read for that deposit; you can read the document again later.

The amount deposited

Interest certificates often print the interest but not the amount deposited. When the document prints it, it is used as printed. Otherwise, with the rate printed and at least three regular payments, it is worked out from the interest and the rate, but only when every payment fits one pattern:

interest added to the deposit: each payment must grow the balance by the interest paid before it, which also settles the day count (actual days or a 360-day year), so the figure is given as worked out;
interest paid out: the balance stays the same and either day count fits, so the figure is given as approximate, within about 1.5%;
top-ups, a change of rate or irregular periods fit neither, and nothing is worked out.

The worked-out figure fills in the amount deposited only when the deposit opened at most 45 days before the first payment. Otherwise it would include interest added earlier, so it is shown only as a hint: the balance on the day of the first payment. You can type the amount, correct it or leave it empty. An empty amount still adds the interest, and Put in says how many deposits have none. Check a worked-out figure against your agreement with the bank.

Actual payments and estimates

A deposit you entered by hand earns interest from its terms. When a bank document has a deposit with the same opening day and currency, its actual payments replace that estimate in the years they cover, and the document’s deposit says which one it replaces. Its amount deposited is then counted once, on the deposit you entered.

What is kept

The document is deleted from storage once it has been read, whatever the outcome. Only the figures you confirm are kept: the bank’s name and country; each deposit’s currency, opening day, rate and amount deposited; and each payment’s date, amount and any tax withheld. An account is kept by its last four digits only. Product names, personal names and ID numbers are not kept. See Security and your data and the privacy policy.

On the Tax year page

The same interest and tax appear for one calendar year on Tax year, under Interest from deposits.

Plan

Deposits, like the rest of Wealth, are part of Pro; see Plans and limits.

Last updated 27 October 2026. Describes the Borderfolio app as built. Figures in the app are informational estimates, not tax, legal or investment advice.