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| An Accumulative Deposit |
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An Accumulative Deposit
Is a time deposit which could be constantly supplemented and in case of need a quarter of the deposit could be withdrawn within the calendar quarter. It is suitable seeking to accumulate funds constantly for those who receive periodical pays (retirement benefits, salaries, etc). • Every new transferred sum of money does not need a new deposit agreement. • A deposit may be supplement by any amount. Last three months of the deposit period deposit can not be supplemented. • On request it is possible to withdraw a portion of the deposit without loosing the accrued interest, but not earlier than 3 months since the conclusion of the agreement (this condition is valid for the newly concluded agreements since 10 May 2010). • Deposit interest is transferred to the same accumulative deposit account monthly. • On depositor’s request the deposit could be extended automatically. • Deposit term - from 4 to 24 months. • A deposit could be placed in litas, euros or in USA dollars. • The maximum amount of accumulative deposit per borrower is LTL 1 000 000 or an equivalent in EUR or USD. • Accumulative deposit can be placed using the Internet banking service SB linija.
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