Time Deposit With the Variable Interest Rate
Since 22 May 2017 agreements of this deposit shall no longer be concluded. After expiry of Your deposit agreement we kindly invite You to choose other instrument for saving.
Major conditions
- Minimum initial deposit amount - EUR/USD 100.
- Term of the placed deposit - between 2 and 5 years.
- Deposit interest can be paid out in to ways: on monthly basis or at the end of maturity.
- The deposit is not subject to automatic extension.
Withdrawal of part of the deposit without terminating the agreement
There is no possibility to withdraw a deposit not terminating the agreement.
Early termination of the deposit agreement
- If an agreement is terminated prior to its maturity, where possible, the funds will be paid out immediately, however, not later that within 14 calendar days.
- If an agreement is terminated prior to its maturity, the bank shall not pay the interest, whole the overpaid interest amount (if any) shall be debited form the repaid deposit amount.
- For each full year, the interest on a 360-day time deposit is payable on the basis of the standard interest rate applicable to fixed-term deposits established at the beginning of each deposit year.
You may terminate the deposit agreement
- filling an Arrangement regarding termination of the deposit agreement on the internet bank which is available on the menu section Applications and Requests.
- in the customer service points of Šiaulių Bankas.