Savings Account

Savings Account enables you to save money with the flexibility provided by the use of current account and on interest rates available for term deposits.

You can save money on your current account in accordance with your own capabilities and you can withdraw money from your bank account at any moment, if needed.

The deposit interest is much higher than the one on a current account and interest is based on the daily account balance.

Savings Account information:

• Non-fixed term

• Currency: EUR

• Payments to the account can be made through all channels

• The number, moment and amount of payments to the account and money withdrawals are not limited

How to use the Savings Account

• For the purpose of obtaining a Savings Account (Reservhoius) you are required to open a separate bank account where you can transfer money at any time and amount, which starts to bear interest immediately.
• The first payment to the account should be at least 6.40 EUR (100.14 EEK).
• Upon request you can use money on your Savings Account (Reservhoius) account immediately, you should only make a transfer to your current account. You have the option of making free-of-charge disbursements from your Saving Account (Reservhoius) once a month. The fee to be charged for subsequent disbursements in the same calendar month will amount to 0.3% of the withdrawn amount, but not less than 1.60 EUR (25 EEK)

Interest

• The Bank is calculating interest based on the daily account balance.
• Interest is transferred once in a quarter according to your request either to the same Savings Account (Reservhoius) account or to your current account.

Saving Account interest rates

The interest has been provided in the table in percentages for the reporting year (360 days). Interest is calculated for the number of actual deposit days.

 Conclude contract via Nordea Netbank