Savings account	Apply Interest rates

The Savings Account is a deposit account for private individuals to accrue funds. The savings account is opened for an indefinite period of time with unlimited possibilities to increase the deposited amount and to receive interest income.

The accrued interest is added to the principal on a quarterly basis. The customer may withdraw a part or all of the accrued funds by requesting the transfer of the required amount 7 days in advance.

Possibilities and advantages:

• Receive interest earned,
• Deposit money in various currencies - LVL, USD or EUR,
• Increase the deposited amount at any of the Swedbank's branches by payment in cash, as well as by funds transfer or by Standing Order, or using the electronic payment system - Internet Bank or Telephone bank,
• Withdraw a part or the whole of the accrued amount by ordering the required amount 7 days in advance,
• Hold several Savings Accounts simultaneously.

Additional possibilities:

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

To open a Savings Account, you have to:

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