|
[Instant] profit term deposit
Now if choosing to apply for [Instant] profit term deposit, you can receive profit interest immediately upon Agreement conclusion. [Instant] profit term deposit is a deposit of a specific sum of money for a definite period with a beneficial annual interest rate.
[Instant] profit term deposit advantages - - You receive deposit interest for the entire deposit agreement validity period at once not waiting for the end date of the term deposit.
- High interest rate
- No opening or monthly fees
- Deposit in a particularly secure bank - GE Money bank is part of General Electric, which is the largest multi-sector corporation in the world with more than century’s experience in five business fields.
In order to open an [Instant] profit term deposit: - Visit any GE Money Bank branch taking a passport with you
- Open a current account in GE Money Bank. You can do it together with opening a deposit.
- Minimum [Instant] profit term deposit sum:
- 500 LVL
- 1000 EUR
- 1000 USD
Attention!
Under the amendments to the law “On Personal Income Tax”, from the January 1, 2010 when the bank pays interest income to an individual client, it will withhold a tax of 10% and pay it into the national budget. In this case it is not mandatory to submit the declaration to the State Revenue Service.
[Instant] profit term deposit rates and terms:
|
6M |
1.00 |
0.80 |
- |
|
9M |
1.20 |
0.90 |
0.20 |
|
1Y |
2.20 |
1.10 |
0.50 |
|
2Y |
3.60 |
1.20 |
0.70 |
|
3Y |
3.70 |
1.20 |
1.00 |
|
Interest rate |
Fixed for entire period of agreement |
|
Early termination |
Percent from a deposit sum according to Bank’s pricelist. Paid interest is withheld from the deposit sum. |
|
Processing commission |
Free of charge |
|
Service commission |
Free of charge |
|
Other commissions |
Not envisaged |
|
Bank’s pricelist |
Available in branches and www.gemoneybank.lv |
|
Guarantees |
Security of you money guaranteed also by the state up to 50,000 EUR according to the Law on Deposit Guarantees of the Republic of Latvia |
Want to find out more?
Ask customer service specialists in any GE Money Bank branch or call us - 1878.
* Deposit rates valid from 31.05.2010
|