Term deposit

Term deposit (also known as a “deposit agreement”) is a simple deposit product that offers a return on temporarily available funds. Its advantages include flexibility (the possibility of agreeing on an individual maturity date) and an individual interest rate reflecting the current situation on the interbank market at the time of the agreement.

Guaranteed interest
subject to withholding tax

Higher returns than on
a current account
balance

Available in EUR, USD,
CZK, GBP, PLN, HUF,
CHF, CAD, AUD, NOK
currencies

Maturity from one day
to 365 days

The deposit is protected by the
Deposit Protection Fund

The transaction is concluded
by phone or through
Business Banking^TB

The product is intended for clients who:

• have available funds for a predetermined period and require a higher interest return than on a current account
• accept the condition that the deposit cannot be terminated prematurely

Conditions for concluding a transaction

• signed Request for trading with the Bank
• minimum amount depending on maturity from 50 000 EUR (or equivalent in another currency)
• current account maintained in the deposit currency and sufficient coverage in the account on the deposit start date
• time to arrange the transaction: by phone from 8:30 AM - 4:00 PM, or through the application Business banking^TB (8:00 AM – 5:00 PM)
• interest based on actual/365

Capital markets division client department contact

+421 2 5919 2044
[email protected]

Related documents

• Capital Markets Commercial Conditions of Tatra banka, a.s.