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TERM ACCOUNTS IN EUR |
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  | Term Account in EUR is intended for: |
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legal entities, natural persons -individuals, natural persons -entrepreneurs
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| Term Account in EUR characteristics: |
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This is a deposit account designed for the valuation of available money with the minimum risk. Money can be deposited for 7 days, 1, 2, 3, 6, 9 or 12 months.
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| Term Account in EUR benefits: |
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- higher interest rates than those of the current account
- a minimum risk - the deposits are protected according to the law no. 118/1996 Coll. on protection of the deposits
- high liquidity of the money by deposits with maturity from 1 month -possibility premature withdrawal
- several ways of treating the interest
- arrangement, maintenance and cancellation of the account are free-of-charge
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| Term Account in EUR will allow you to: |
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Dispose with the deposit |
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You can dispose the account on the maturity date. (As for the automatically-renewed deposits, the amount can be modified, e.g. to deposit or withdraw money). Before the maturity date, you have the possibility to immediately withdraw, while this applies for the deposits of 1, 2, 3, 6, 9, or 12 months. If you possess at the same time a current account, you can make a decision about an automatic transfer on the maturity date of the term deposit. This means you can determine the amount designed for the transfer from the current to the term deposit. Also, the transactions with the deposit can be restricted by immobilization.
Achieve favorable interest rates |
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The interest rate, which is more favorable than that of the current accounts, is set as a fixed rate during the lump sum deposit. The rate is announced via a notification of interest rates and depends on the currency, duration of deposit and the deposited amount.
Dispose with interest |
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The interests can be disposed by several means. You can withdraw them in cash or transfer them into another account, preliminarily chosen by you. As for deposits shorter than 1 year together with the automatic renewal, you also have the possibility to keep the interests on the account for further interest by means of the so-called "capitalization".
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| How can you arrange the Term Account in EUR? |
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You can open a term account at any KB Bratislava business center. For further information on this product or to arrange it directly please contact your Relationship manager or write us on our e-mail address koba@koba.sk.
