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Printed by customer 2012.05.21

Term deposits

Nordea term-deposit is the safest company’ capital and free sum management option. Nordea currently offers term-deposits with fixed income for a set period of time. Bank also offers competitive interest rates, fast transaction processing, and flexible term deposit cancellation terms.

Reasons to choose term deposit

  • It offers option to save notable amount of money with guaranteed highest profitability.
  • Term-deposit interest rate is fixed for the entire term of deposit, that allows for long term determined profitability for up to 5 years.
  • Highest guaranteed interest rates from all savings products.
  • Automatic term-deposit extension with option to cash the accumulated profit.

How to make term-deposit?

Minimum amount for term-deposit is LVL 100, USD 100, or EUR 100. Term-deposit can be made for a period above 1 month. Term-deposit can be created at any Nordea Customer Service Unit by cash or transfer as well by using Nordea internetbank and telephonebank.

Additional things to know

If the savings amount is insignificant for the company’s liquidity, at the end of deposit term you can choose to have automatic extension of the principal sum. By choosing this option, the principal sum’s term-deposit will be extended for the same period of time as it was before. The saved interest rate will be available at your account. Current day’s interest rate will be applied for the new term-deposit. In case of need (at least 2 days prior before term-deposit’s end date), by using internetbank’s messaging service, calling telephone bank, or by visiting any if Nordea Customer Service Units, you can have the bank to stop automated term-deposit extension.

Term-deposit yearly interest rates

Term-deposit interest rates for corporate customers are agreed individually, based on term and amount of the deposit.

Nordea employees are knowledgeable and prepared to develop detailed term-deposit offer and explain possible alternatives for each individual customer.

                      

              

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Savings programm benefits