Within private banking programme Baltikums Bank offers an opportunity to deposit funds on special terms – increased deposit interest rates for longer period and larger amounts. Baltikums Bank accepts customer deposits in LVL, USD, and EUR.
Deposit types:
Standard deposit with interest payment once per 6 months;
Overnight – depositing of funds at a special interest rate for just 1 day;
Deposits with individual parameters.
Standard deposit:
Individual deposit:
Fit for amounts exceeding 100,000 LVL, 200,000 USD, or 200,000 EUR;
The term and interest rate for such deposits are determined individually;
The Bank is happy to consider most complicated and non-standard parameters of deposits starting with the interest payment period up to structured deposits bound to certain financial instruments.
Advantages of deposits:
Beneficial allocation of funds for a term from 1 month to 5 years in LVL, USD, or EUR;
Guaranteed higher deposit interest that is credited to the customer’s Current Account;
Use of the accrued interest in just 6 months (for deposits for a term of 6 months and above, for those of a shorter term – at the end of the deposit term);
No need to visit the Bank – the deposit application may be submitted via the Internet Bank in free form;
Opportunity to use the funds allocated to the deposit by obtaining a loan guaranteed by the deposit.
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