What is the Term Deposit?
- it is a deposit with guaranteed interest depending on amount of deposit and period of restriction
- minimum amount of deposit for individuals is 331.94 € , for legal entities it is 1,659.70 €
- deposit can be made in cash or via electronic transfer to account
Why is the Term Deposit advantageous?
- opening and managing Term Deposit is free of charges
- restriction can be simple or with automatic prolongation
- Term Deposit can be increased on its due date
Why is the Term Deposit safe?
- interest is guaranteed for the whole period of restriction
- deposit is protected pursuant to Act no. 118/1996 Coll. on Deposits Protection
For more information visit any Poštová banka branch.
