Fixed term saving - Adriatic Bank

About fixed term savings

For all clients who want to achieve the best relationship between security and profit, while reaching the most favorable interest rates.

Adriatic fixed term savings is a savings with limited duration. During this period, which can be from 3 months to over 24 months, interest is accrued on time deposits, and after the expiration of the agreed period, the user can withdraw the full amount or opt for a new term period.

Term savings can be in euros, but in other currencies, such as the US dollar (USD), the Swiss franc (CHF) and the British pound (GBP).

Advantages of fixed term savings

Favorable interest rates

Pledge safety

The client does not have to come to the bank if he/she wants to re-deposit the funds

Possibility of interest disposal upon maturity of fixed term savings

Possibility of approving the loan on the basis of a time deposit under the most favorable conditions

Termination of fixed term savings

Adriatic fixed term savings can be terminated before the expiry of the agreed term, but only with the consent of the Bank and at the written request of the client.

If the owner of the savings deposit does not cancel the Term Savings Agreement no later than 3 days after the expiry of the term deposit (prolongation period), the Bank renews the term deposit on the same agreed term, but under the conditions valid on the day of term renewal.

On the maturity date, interest is credited to the previous deposit or transferred to the selected current account.

Fixed term savings in euros up to 100.000€

1,00%

From 3 to 6 months

2,20%

From 7 to 12 months

2,50%

From 13 to 24 months

2,90%

Over 24 months

Interest rates on fixed term deposits higher than 100.000 € are specially agreed for each individual case.

Adriatic fixed term saving - 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	20.000,00
Method of interest payment	Upon maturity
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	20.000,00	394,37	2,20%	20.394,37
Total amount of calculated interest				439,90
Personal income tax				45.53
Total interest amount to be paid to the user				394,37
Total amount at the end of period				20.394,37
Effective interest rate				2,20%

Fixed term savings in other currencies (USD, GBP, CHF)

Deposit value	Interest for period as of:
	6 months	12 months	18 months	24 months
from 1.000 USD	0,10%	0,30%	0,40%	0,60%
from 1.000 GBP	0,001%	0,001%	0,001%	0,001%
from 5.000 CHF	0,001%	0,001%	0,001%	0,001%

Download the documents

Informational addition for depositor