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Term Deposit

Term deposit is a simple and safe method of saving with fixed interest on the amount.
Term deposits are typically accepted in euros (EUR) and US dollars (USD). Other currencies are also accepted by separate agreement.

What we can do for you?

Call us at +370 5 215 6666 or contact your manager.
Let us know your needs, together we will find best solution.

More about Term deposits

  • General conditions for deposits in EUR and USD

    • Term deposits are accepted in euros (EUR) and US dollars (USD)
    • Minimum Term deposit amount is EUR 145 or USD 145
    • The Term deposit agreement may be signed for a period from 7 days to 60 months for euro, and for a period from 7 days to 24 months for US dollar
    • Interest on the Term deposit is paid either on a monthly basis or upon maturity
    • For the term of the agreement, the amount in the deposit account is constant
    • Interest on a earlier terminated deposit agreement is not payable. If the interest has already been paid, they are deducted from the deposit amount. In addition, the refinancing costs borned by the bank must be covered, if term deposit exceeds EUR 50,000 or the equivalent amount in another currency. The obligation to cover bank's refinancing costs does not apply when the deposit agreement is terminated in special circumstances (loss of work, serious illness, death of the depositor, his spouse, child or other close relative). (For agreements concluded from July 1 2017)
    • The deposits held in Danske Bank are guaranteed with Guarantee Fund for Depositors and Investors Act of the Kingdom of Denmark

  • Interest rates for EUR and USD

    After the expiry of the term

     

    Contract term
    Annual interest, %
    Months
    USD
    EUR
    1
    0,25
    not available
    2
    0,30
    not available
    3
    0,40
    not available
    4
    0,45
    not available
    5
    0,50
    not available
    6
    0,55
    not available
    7
    0,60
    not available
    8
    0,60
    not available
    9
    0,65
    not available
    10
    0,65
    not available
    11
    0,65
    not available
    12
    0,65
    not available
    13-23
    0,65
    not available
    24
    0,50
    not available
    25-35
    not available
    36-47
    not available
    48-59
    not available
    60
    not available

     *The existing term deposits with an automatic extension apply 0% annual interest rate

     

     

    Each month

    Contract term
    Annual interest, %
    Months
    USD
    EUR
    1
    0,22
    not available
    2
    0,27
    not available
    3
    0,37
    not available
    4
    0,42
    not available
    5
    0,47
    not available
    6
    0,52
    not available
    7
    0,57
    not available
    8
    0,57
    not available
    9
    0,62
    not available
    10
    0,62
    not available
    11
    0,62
    not available
    12
    0,62
    not available
    13-23
    0,62
    not available
    24
    0,47
    not available
    25-35
    not available
    36-47
    not available
    48-59
    not available
    60
    not available

  • Deposits with agreed interest rate in other currencies

    Following currencies are accepted:

    •  Danish Krone (DKK)
    • Australia Dollars (AUD)
    • Russia Rubles (RUB)
    • Canada Dollars (CAD)
    • Norway Kroner (NOK)
    • Japan Yen (JPY)
    • New Zealand dollar (NZD)
    • Czech Republic Koruny (CZK)
    • Poland Zlotych (PLN)

    General conditions for Term deposits in other currencies:

    • Minimum deposit amount – EUR 30 000
    • Minimum deposit period – 1 day, maximum – under separate agreement
    • The interest rate depends on the terms and conditions of the deposit made. You can find out the interest rate by calling us on the short number +370 5 215 6666 or contacting your designated manager or by visiting a customer service branch

System of insurance of deposits and liabilities to investors

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