Saving money in the savings deposit is safe and easy. It is a good solution to achieve goals that require more money. Meanwhile, you can access the saved money at any time, if such necessity arises.
- Top up your account at any time with any amount depending on your abilities and preferences.
- The saved money can be accessed at any time.
- Withdrawal is free of charge, provided that the bank has been notified 7 days in advance.
- Savings deposit can be opened also for a child.
To deposit funds on the savings deposit use the following:
- Transfer via Netbank from your personal account to the savings deposit.
- Standard payment via Netbank.
- Deposit cash at any Nordea Customer Service Unit.
Top up your savings deposit by setting up a standing order. For example, on the 15th day a month amount of EUR 30 will be automatically transferred from your personal account to the savings deposit.
Standing order allows transfers of particular amount of the personal account balance to the savings deposit. For example, if on the last day of a month the account balance exceeds EUR 50, then the amount, which exceeds the EUR 50, will be automatically transferred to the savings deposit.
Savings account and deposits made to it is covered by the Swedish deposit guarantee scheme in accordance with an assessment made by the Swedish National Debt Office.
Each client (taking into account restrictions mentioned below) is entitled to repayment up to an aggregated amount of 100,000 euro. Payment will be made by the Latvian Deposit Guarantee fund on behalf of the Swedish National Debt Office. The Swedish National Debt Office will disburse payment to the Latvian Deposit Guarantee fund within seven days from the date when the bank was declared bankrupt or the Swedish Financial Supervisory Authority decided that the guarantee should enter into force.
Additional repayment can be claimed under certain circumstances, for example in connection with the sale of private housing, dismissal, insurance compensation in an aggregate total amount of 5 million Swedish Kronor.
The following categories of depositors are not covered by the deposit guarantee: credit institutions, investment firms, insurance undertakings, re-insurance undertakings, mutual benefit or aid societies, financial institutions according to the Swedish Banking and Financing Business Act (SFS 2004:297), investment funds and alternative investment funds, pension and retirement funds, pension and retirement foundations, and county councils, municipalities and government authorities. Assets of investment funds and pension funds are kept separately from custodian bank’s property, thus they are protected from the possible insolvency of the bank.
General Terms and Conditions for Savings Deposit