Fixed term deposit with monthly interest	Apply Interest rates

Fixed term Deposit with monthly interest payment is a deposit for private individuals allowing to deposit free funds for a fixed period - from 3 months to 5 years, and to receive interest income on a monthly basis. The accrued interest is credited to the customer's Private Account or Salary Account each month.

The customer may extend the maturity date and negotiate the minimum interest rate. The monthly interest earned cannot be added to the Term Deposit principal.

Possibilities:

• Receive fixed interest (the larger the amount of the deposit and the longer the maturity, the higher is the interest rate applied),
• Deposit money in various currencies - LVL, USD or EUR,
• Receive interest accrued each month,
• Nominate differing beneficiary accounts for the principal and interest earned
• Extend the maturity for a fixed period of time, setting the preferred minimum interest rate for the extension of the maturity,
• Place a Fixed term Deposit for the benefit of a third party,
• Hold several Fixed term Deposits with monthly interest payment simultaneously.

Additional possibilities:

• Upon placing a deposit, a Private Account or Salary Account may be opened for the customer free of charge.

To place a Fixed term deposit with monthly interest payments, you have to:

• Sign a Deposit Agreement with the Bank in any branch or in the Internetbank or using Telephone Bank calling 67444444