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Do you want to put money aside, but don’t have enough will power? The Target Account is right for you.
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It’s a fixed term deposit which you add to every month as agreed upon when you sign up.
A Target Account lets you build financial discipline and is a good way to start saving the money you need for major purchases such as new home.
Target account information:
- The bank will automatically transfer the deposits from your current account to your target account.
- The term of deposit ranges from six months to five years.
- Agreed interest is credited to the account twice a year.
- Interest is calculated on daily balances of the Target account
Target account interest rates
|
Period
|
EUR
|
| 6M |
1,40 |
| 12M |
1,80 |
| 18M |
1,80 |
| 24M |
1,80 |
| 30M |
1,80 |
| 36M |
1,80 |
| 42M |
1,80 |
| 48M |
1,80 |
| 54M |
1,80 |
| 60M |
1,80 |
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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.
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