Term deposit
A term deposit allows you to obtain a available on your fluid assets over a specific period of time. The deposit can be collected after elapse of the contracted term passes or it is possible to agree on its automatic renewal for another time periodAdvantages
- Your revenue for the given time period is known in advance
- Free account administration including statements sent by post
- Individual interest rates for deposits exceeding 1 million CZK
- Mandatory deposit insurance up to an equivalent of 50,000 EUR
Description
- Designed for private individuals
- Minimum deposit: 10,000 CZK
- Deposit terms: from 7 days to 4 years
- Account administered in CZK or in foreign currencies (EUR, USD)
- Optional automatic renewal of the deposit
- Fixed interest rate for the given period of time
Types of term deposits
- One-time: after the contracted period passes, the finances are automatically transferred to a current account
- Revolving: the deposit is automatically renewed for the period specified in the contract
You can open a term deposit at any branch or via internet banking.