A flexible way to accumulate your savings.
✓ On expiring of time of deposit, sum of deposit will be transferred to bank account of client in TBB pank. On Clients request, interests accrued may be transferred into the Clients current account each month (only for deposit in EUR) within the whole period the Contract for Savings Deposit is in effect
✓ According to the agreement with the bank special, higher than standard, interest rates may be available for deposits over 64 000 EUR or its equivalent in foreign currency
✓ Minimum investment for the first instalment is 200 EUR or its equivalent in foreign currency fixed by TBB pank. Additional installments within the time of deposit for amount over 7 EUR can be made in cash or by bank transfer. Number of installments is not limited
✓ Time of deposit varies from 3 months to 3 years (36 months)
✓ The Client can order an automatic prolongation of deposit for the same period of time and for interests and terms, which are valid at the moment of prolongation
✓ Contract for Savings Deposit may be concluded in all branches of TBB pank and in the Internet Bank
Additional information keyboard_arrow_down
To make Savings Deposit, you have to open a bank account in Tallinn Business Bank and conclude Contract for Savings Deposit in the form accepted by the bank.
Interests are calculated daily and on the basis of balance at savings account, starting with the first day of deposit and till the time when deposit expires. For additional installments bank uses annual interest rates stipulated in the Contract for Savings Deposit.
Calculation of interests is based on the year of 365 calendar days.
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 savings deposit 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.