Children savings „Kolibri“

About "Kolibri" savings

Children savings „Kolibri“is type of term cumulative savings. It is based on continuous payments on saving account during the term maturity. It is intended for the youngest population (up to 18 years old).

Save on time in order to ensure safe future for your children. Learn children to save!

Advantages of children savings „Kolibri“

You are choosing the amount and dynamics of the payments according to your possibilities

Minimal amount of first payment is only 20 €

The amounts of further payments is not conditioned by the Bank

It is possible payment by free standing order from the current account

Client does not have to come to the bank if he/she wants to re-term the due savings

Termination of savings

Term savings can be terminated even before expiry of the agreed period, but only with Bank’s approval and according to client’s written consent.

If client does not cancel the Contract on term savings within 3 days after the expiration of the maturity (prolongation date), Bank will renew term on the same agreed period, but according to the conditions which are valid on the day of renewal.

On the day of maturity, interests are attributed to the previous deposit or transferred on chosen transaction account.

Term cumulative savings up to 50.000€

2,20%

12 months

2,50%

24 months

3,00%

36 months and longer

Term cumulative savings up to 50.000,01 to 100.000€

2,20%

12 months

2,45%

24 months

2,95%

36 months and longer

Adriatic children savings „Kolibri“ - details of informative calculation (EUR)

Result of informative calculation on 15.12.2020
Term deposit date:	15.12.2020
Term expiry date:	15.12.2021
Term maturity:	12 months
The amount of initial fund	100,00
Amount of monthly obligation	30,00
Method of interest payment	Upon maturity
Annual interest rate for every completed term deposit year
1st year	2nd year	3rd year	4th year	5th year
2,20%	2,50%	2,80%	2,90%	3,00%
Calculation overview
Period	Initial amount	Total calculated interest decreased for the amount of personal income tax – residents 9% and surtax on tax of 15%	Interest rate	Total balance
12 months	360,00	5,22	2,20%	365,22
Total amount of calculated interest				5,28
Personal income tax				0,60
Total interest amount to be paid to the user				5,22
Total amount at the end of period				365,22
Effective interest rate				2,20%

Download the documents

Informational addition for depositor