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Deposits are one of the most popular types for placement of free funds. Swedbank offers four types of short-term and long-term deposits, so that your company may choose the type of deposit best meeting its requirements. Dynamic Deposit is a term deposit offering unlimited opportunities of earning profit and a guaranteed deposit principal amount upon maturity. Dynamic Deposit may be linked to a range of underlying assets (such as currency, financial instruments, indexes or commodities), and interest earned depends on changes in the price of these underlying assets on the financial markets. Term deposit is a deposit for legal entities providing the possibility to deposit the free funds for a definite period of time and to receive interest income at maturity. Term Deposit with monthly interest payments provides interest income on a monthly basis. One week's prior notice deposit is a deposit for an indefinite period of time, allowing the company to earn interest income whilst planning the use of funds deposited by giving a one week's notice to the bank on their withdrawal. Short-term deposits, in turn, allow the company to deposit larger amounts of money for a short period of time and to receive a higher rate of interest. |
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