An Accumulative Deposit via the internet

Using SB linija, an e-baking service system of Šiaulių bankas, clients are able to place an accumulative deposit themselves and to terminate it in case of necessity.

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deposit is a time deposit which could be constantly supplemented and in case of need a quarter of the deposit could be withdrawn within the calendar quarter.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).

• Deposit term - from 4 to 24 months.
• Deposit interest is transferred to the same accumulative deposit account monthly.
• 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 cannot 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).
The portion of the deposit can be withdrawn only in the outlets of Šiaulių bankas.
• The deposit could be extended automatically.
• 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.
• A deposit agreement which has been concluded using the SB linija can be terminated using the SB linija or in the nearest outlet of Šiaulių bankas.