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Internet Deposit

Internet Deposit is a type of term account designed for appreciation of your spare funds. If you prefer e-banking management of your deposits rather than visits to branch, the Internet Deposit is perfect choice.

All you need for opening your Internet Deposit is:

  • activated Internet banking / Internet banking + (hereinafter referred to as “ IB/IB+”)
  • spare funds on VUB account to make the initial deposit

5 reasons to appreciate your savings on Internet Deposit

  • Convenient management of funds from your office or home
  • Lower deposit floor than in standard term deposit
  • More frequent interest payouts in periods fixed for 24 and 36 months
  • Granted yield, your deposit bears a fixed rate applicable during the whole fixed period
  • No risk, your funds are covered by Deposit Protection Fund

Features

  • Charge-free opening and deposit maintenance via IB/IB+ services
  • Fixed period: 1, 3, 6, 12, 24, 36 months
  • Floor deposit: €50 EUR
  • Currency: €
  • Yield payout :
      • accounts with fixed period: 1, 3, 6,12 months - as of maturity date
      • accounts with fixed period 24 and 36 months – bi-annually
  • Additional deposits to the Internet Deposit allowed during the whole fixed period
  • On maturity date of the original deposit, the additional funds are merged with the underlying deposit and automatically renewed as a single deposit
  • All additional deposits are due on the same day
  • Deposit balance and fixed period determine the interest rate
  • Non-cash transfers (sanction fee charged) from Internet Deposit allowed
  • E-statements in defaulted cycle available in IB/IB+

For more information about the Internet Deposit visit any VUB branch or call KONTAKT service 0850 123 000 ( SR) or +421 48 414 12 12 (abroad).

Open your Internet Deposit via Internet banking VUB today!

 

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