Term deposits offer higher yields on the deposited funds over a pre-determined period. Term deposits with a fixed term and regular renewal automatically renew the term deposit under the conditions valid at the renewal date unless the depositor wants to close the account. All deposits and withdrawals are completed on the renewal date.
In addition to the renewal of fixed-term deposits in EUR Fio banka offers clients the possibility of recovery of funds in EUR and USD. There will also be savings accounts.
Deposits earn interest daily simple interest and interest is credited at the option of the account holder, the date of renewal.
If you are a Fio banka client and have Internetbanking, you can create your own term deposits online. Another option is to visit the nearest branches of Fio bank.
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