Annual interest rate is 1% higher than standard annual interest rate for time deposit in EUR!Time deposit "Plus One" is a privileged deposit for private customers older than 55 years and young people up to the age of 25.
✓ On expiry of deposit, the amount of investment and calculated interests are transferred to the clients account. Customers are provided with the possibility of monthly payout of interests accrued for a time deposit
✓ This deposit can be made only in EUR and for 9, 12,18,24 or 36 months
✓ Calculation of interest rate is based on deposited amount and time of deposit. Calculation of interests is based on the year of 365 calendar days
✓ Contract for Time Deposit "Plus One" can be concluded in all branches of TBB pank and in the Internet Bank
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To make deposit "Plus One" you have to open bank account with Tallinn Business Bank and conclude Contract for Time Deposit "Plus One" in the form accepted by the bank.
Client cannot make any additional instalments to the time deposit "Plus One". Fixed amount of deposit and annual interest rate cannot be changed within the term of the deposit.
Minimum investment is EUR 200.
Client cannot use deposited amount before expiring of Contract for time deposit "Plus One".
The depositor shall submit the relevant written or digitally signed application at least 30 calendar days to the bank in order to terminate the term time deposit "Plus One" agreement prematurely.
In case of premature termination of the agreement the bank transfers the deposit amount to the current account. Upon premature termination of the agreement the bank shall not pay any interest to the customer for the current deposit period. The bank shall deduct the interest amount paid to the customer from the deposit amount.