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Accumulation time deposit is a perfect saving instrument. From now on there is no need to wait for the maturity of the time deposit agreement to supplement the deposit account: there are no restrictions in terms of the additional sum and the supplementing time.
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Accumulation time deposit allows you to perform these operations every day, round-the-clock. It can be supplemented by any amount of money. Saved up some cash? Then use it to supplement your accumulation time deposit account and get a higher interest.
Should you get in need of cash, you can take part of your accumulation deposit. In such case, the interest will not be paid but only in respect of the part withdrawn. The interest rate as agreed under your agreement will be applied to the rest of the amount of the deposit.
Terms and conditions of interest rates of accumulation deposits for natural persons who are non-residents of the Republic of Lithuania
Effective from 01.10.2008
Maturity
(months) |
Deposit currency |
| LTL |
EUR |
USD |
| 3 |
6.10% |
5.10% |
4.15% |
| 4 |
6.20% |
5.10% |
4.15% |
| 5 |
6.20% |
5.20% |
4.15% |
| 6 |
6.40% |
5.40% |
4.90% |
| 7 |
6.40% |
5.40% |
4.90% |
| 8 |
6.40% |
5.40% |
4.90% |
| 9 |
6.65% |
5.50% |
4.90% |
| 10 |
6.65% |
5.50% |
4.90% |
| 11 |
6.65% |
5.50% |
4.90% |
| 12 – 18 |
6.90% |
5.65% |
5.40% |
| 18 – 24 |
6.90% |
5.70% |
5.40% |
| 24 – 36 |
6.90% |
5.70% |
5.70% |
- Accumulation deposit agreement term may be chosen: from 3 months to 3 years.
- Minimal amount of the deposit is LTL 500, USD 125, EUR 125.
- There are no restrictions as to the payer of the additional sum. It can be done in two ways:
- automatically, upon the request of the Depositor, the bank will transfer the amount indicated in the agreement from the account chosen by the Depositor to the account of the accumulation time deposit on the day specified by the Depositor;
- personally by the Depositor: supplementing by cash at any branch or a minibank of AB bankas SNORAS, transferring the funds via the online system Internet Bank+ , transferring funds from another account with AB bankas SNORAS or other bank.
- There are no restrictions as to the amount of the additional sum.
- Interest is payable at the maturity time.
- Upon the request of the Depositor, the deposit's life can be extended automatically.
In accordance with the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania, all of the deposits held with the bank shall be insured with a state company Deposit and Investment Insurance.
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