for current accounts and term deposits (in % p.a.)
TERM DEPOSIT CLEAR DEAL
| Lenght of investment | CZK |
|---|---|
| 1 year | 3,50 |
| 2 years | 4,00 |
| 5 years | 4,50 |
The minimum investment to set up a term deposit is CZK 500,000.
TERM DEPOSITS IN CZK AND EUR
| Lenght of investment | CZK | EUR |
|---|---|---|
| 1 day (overnight) | Based on present market conditions | Based on present market conditions |
| Up to 1 week | 0,50 | 0,00 |
| Up to 2 weeks | 0,70 | 0,00 |
| Up to 1 month | 0,85 | 0,00 |
| Up to 3 months | 2,00 | 0,57 |
| Up to 6 months | 2,50 | 1,04 |
| Up to 9 months | 2,70 | -- |
| Up to 12 months | 3,00 | 1,41 |
TERM DEPOSITS IN OTHER FOREIGN CURRENCIES
| Lenght of investment | USD | GBP | CHF |
|---|---|---|---|
| Up to 1 week | 0,00 | 0,00 | 0,00 |
| Up to 1 month | 0,00 | 0,00 | 0,00 |
| Up to 3 months | 0,18 | 0,38 | 0,00 |
| Up to 6 months | 0,60 | 0,87 | 0,33 |
| Up to 12 months | 1,12 | 1,41 | 0,58 |
The minimum investment to set up a term deposit is CZK 500,000 (equivalent for foreign urrencies).
In case of 1-day term deposit, the minimum investment is CZK 10,000,000 or EUR 300,000.
TERM DEPOSITS IN CZK WITH 3 MONTHS CANCELLATION TERM
| Cancellation term | CZK |
|---|---|
| 3 months | 3,00 |
The minimum deposit to open a current account is CZK 10,000 (equivalent for foreign currencies).
With effect from 1.9.2010 the rate will be changed to 2,50 % p.a.
CURRENT ACCOUNTS IN CZK AND EUR
| Currency | CZK | EUR |
|---|---|---|
| Credit balance | 0,50 | 0,05 |
| Approved overdraft | 2W Repro rate + 9,50 | 2W Repro rate ECB + 9,50 |
| Non-approved overdraft | 20,00 | 20,00 |
CURRENT ACCOUNT IN OTHER FORIGN CURRENCIES
| Currency | USD | GBP | CHF |
|---|---|---|---|
| Credit balance | 0,00 | 0,00 | 0,00 |
| Approved overdraft | Individual | Individual | Individual |
| Non-approved ovedraft | 10,00 | 10,00 | 10,00 |
The minimum deposit toopen a current account is CZK 10,000 (equivalent for foreign currenies).
Interest rates valid from 2.8.2010 | 20,20 KB
Interest rates valid from 1.9.2010
TERM DEPOSITS IN CZK WITH 3 MONTHS CANCELLATION TERM
|
Cancellation term |
CZK |
|---|---|
| 3 months |
2,50 |
The minimum deposit to open a current account is CZK 10,000 (equivalent for foreign currencies).
Valid from 1.9.2010
1. The Bank´s interest rates for current accounts and term deposit are linked to developments in market conditions and take into account the amount, currency and lenght of the deposit. When stipulating interest rates the bank bases its calculations mainly on developments reference interest rates from the appropiate central banks. The bank entitled to alter the interest rates on a unilateral basis in relation to developments in market conditions, unless stated otherwise in the contractual documentation. The curent valid interest rates for current accounts and term deposits are displayed in the public areas of the bank.
2. Current accounts earn interest at the current valid annual interest rate stipulated by the bank. In the event of a non-approved overdraft the bank will apply interest at the rate set by the bank for non-appoved debit balances.