Deposit as a safe investment
Deposit is the most convenient and safe way of investing free funds. According to the Guarantee Fund Act, the funds on the clients deposit accounts are protected by the Guarantee Fund, which means that the deposits together with the accrued interest shall be compensated in full but not more than in the amount of 100 000 euro. In the conditions of the growing deposit interest rate, it is a right time to consider placing funds on a deposit to increase the amount of savings.
TBB bank offers two types of deposits for private and legal entities – term deposit and savings deposit, where funds can be stored in euros or in US dollars.
Term deposit is a type of deposit where the allocated funds are stored for a certain period of time. For young people and people older than 55 years, TBB bank provides a higher interest rate in terms of the “Pluss One” deposit. This is an excellent opportunity to teach Your child to invest funds and provide him or her financial support for the future. Also, we offer increased interest rates to clients of personal banking service.
If you want to save a little money from your incomes, we recommend you to place the funds on a Savings deposit. You can start saving money with 200 euros, and when it is possible, add cash or transfer funds to this deposit A savings deposit helps to earn interest, and also, in contrast to keeping money on a current account, it ensures the safety of savings from impulsive spending.
Check the current interest rates and choose a method of depositing funds that suits your goals and expectations. Deposit agreement can be concluded in an Internet bank or in a bank office, and the customer support service is ready to answer any questions you may have by email email@example.com or by phone +372 668 8066.