Savings

• Term Deposit Applications

Growing interest rate term deposit

This deposit’s term is 5 years. Within this period of time, the interest rate increases every year. This deposit type is most suitable for customers who plan long-term savings.

The customer has the right to terminate this form of term deposit ahead of schedule and without penalties after the complete first year of the deposit, as well as after each following year.

A written request for early withdrawal has to be submitted to the bank one calendar week prior to this term. If a customer prefers to terminate a Growing Interest Rate Term Deposit in another way, other conditions apply.

Conditions

• Deposit accounts are available in EUR and USD
• Deposit term: 5 years
• Minimum deposit amount: 100 000 EUR or USD
• Interest pay-out: every year
• Interest rate for every year is fixed in the term deposit agreement at the moment of signing