Time deposits with high yield and especially preferential interest rates.
Time deposits are a source of capital for the medium to long term funding of the Bank. These accounts are based on agreements between the bank and the depositor for the deposit of a specific amount for a certain period and a certain interest rate. Their duration can be from one day to two years. At the end of the fixed period, the customer receives the amount deposited plus due interest. Time deposits are also offered in foreign currency.
FEATURES
-
Beneficiaries
Beneficiaries of the account may be either legal entities (SA, GP, SP, LTD, NPID, NPDD) or individuals with commercial activity.
-
Interest Rate
The interest rate is set at the beginning of the term deposit and it remains fixed throughout its duration.
-
Renewal
Upon its expiry, the time deposit may be renewed in accordance with the instructions of the client. There is the possibility of renewing the deposit upon its expiry, with the current interest rate, as long as the availability of the product is still valid.
-
Interest Payment
Interests are paid at the end of the term deposit and credit interests are subject to taxation according to the applicable Greek tax legislation (currently at 15%).
-
Early Repayment
There is the possibility of early partial or total repayment, only with the Bank's consent and approval and in accordance with existing legal provisions, in which case the interests are calculated in accordance with the specific conditions relating to the specific product.
-
Single Term Deposits Interest Rates
Amount in Euro 18 Months 24 Months From 1.500 2,30% 2,40% * The interest rates mentioned are gross fixed annually. The deposit interests are subject to taxation according to the applicable Greek tax legislation (currently at 15%).