Rent savings is a form of deposit savings in Euros that allows payment and disposal of interest during the depositing term, as an additional regular income. Depending on the customer’s needs and wishes, it is possible to choose the payout dynamics that may be paid for the entire depositing term or monthly, quarterly, semi-annually or annually. The depositing term is determined by the client at his own choice.
|Maturity (in months)||Annual interest rate|
|1 – 3 months||0.10%|
|4 – 6 months||0.25%|
|7 – 12 months||0.35%|
|13 – 18 months||0.55%|
|19 – 24 months||0.75%|
|24 – 36 months||1.00%|
For deposits amounting to over EUR 50,000, the Bank’s loan committee decides on the interest rate. Payment before the term expiry is possible only in exceptional circumstances with the consent of the Bank and the correction of the interest rate at an annual rate of 0.03%. The already paid out interest per deposit is corrected in such a way that the Bank profits from the amount of damages payable and not from the interest paid out.
The Bank is a member of the Deposit Protection Fund.
DEPOSIT PROTECTION FUND – http://www.fzdcg.org/