Savings Account is termless savings option with choice to decide installment amount and frequency, in addition to retaining option to access your funds at any time. Installment amount and frequency are not set, therefore at any time you may choose to add money to your account or to withdraw partial or entire savings amount. Money to your savings account can be added by using company’s internetbank or by submitting a request to the bank that funds should be transferred from current account to your savings account.

How to become savings account user?

A separate account is opened for the client. Money for the account is deposited by bank transfer or cash. For more convenient money deposits use regular payment order or internetbank. The interest earned is calculated for the entire account sum and is paid out quarterly at the last of the quarter. Interest rate is listed in internetbank and can vary depending of the savings account total amount.

To receive whole amount or part of your savings from Savings account, you should transfer it to your Nordea Transactions account. You can transfer a part of your savings or the whole amount from Savings account to Transactions account free of charge if you submit application in Correspondence section of Nordea netbank, at any Nordea customer service centre or call to Nordea telephone bank seven days in advance.

Interest rates (valid from 28.12.2011)