Business

Term deposits

Employ your company’s spare money for a period of your choice and earn a solid annual interest!

Get closer to your savings goal

A safe and easy way to save

You can even save in several currencies – EUR, USD, GBP

The minimum deposit amount – EUR 100

Deposit calculator

Amount of deposit

Min 100 €

Choose a period

Total:

Interest rate: %
Amount of interest:
Interest rate/month:

Annual interest rates (%) on term deposits for legal entities

Term in days
Term in months
EUR (%)
USD (%)
GBP (%)
Term in days
180 - 209
Term in months
6 - 7
EUR (%)
3.00
USD (%)
0.15
GBP (%)
0.10
Term in days
210 - 239
Term in months
7 - 8
EUR (%)
3.00
USD (%)
0.25
GBP (%)
0.10
Term in days
240 - 269
Term in months
8 - 9
EUR (%)
3.00
USD (%)
0.30
GBP (%)
0.15
Term in days
270 - 299
Term in months
9 - 10
EUR (%)
3.25
USD (%)
0.35
GBP (%)
0.20
Term in days
300 - 329
Term in months
10 - 11
EUR (%)
3.25
USD (%)
0.40
GBP (%)
0.20
Term in days
330 - 359
Term in months
11 - 12
EUR (%)
3.25
USD (%)
0.40
GBP (%)
0.25
Term in days
360 - 389
Term in months
12 - 13
EUR (%)
3.50
USD (%)
0.45
GBP (%)
0.30
Term in days
390 - 449
Term in months
13 - 15
EUR (%)
3.50
USD (%)
0.85
GBP (%)
0.30
Term in days
450 - 569
Term in months
15 - 19
EUR (%)
3.50
USD (%)
0.85
GBP (%)
0.35
Term in days
570 - 629
Term in months
19 - 21
EUR (%)
3.50
USD (%)
0.85
GBP (%)
0.40
Term in days
630 - 719
Term in months
21 - 24
EUR (%)
3.50
USD (%)
0.85
GBP (%)
0.40
Term in days
720 - 1079
Term in months
24 - 36
EUR (%)
2.80
USD (%)
0.85
GBP (%)
0.40
Term in days
1080 - 1439
Term in months
36 - 48
EUR (%)
2.80
USD (%)
0.85
GBP (%)
0.40
Term in days
1440 - 1800
Term in months
48 - 60
EUR (%)
2.80
USD (%)
0.85
GBP (%)
0.40
Term in days
1801 -
Term in months
60 -
EUR (%)
0.00
USD (%)
0.00
GBP (%)
0.00

Interest rates apply to new and extended deposits.

Frequently asked questions

A term deposit is the holding of a specific amount of money, fixed at the date of the deposit agreement, in the bank for a chosen period of time, with the possibility of an increase in the interest rate paid by the bank. The amount of interest and the frequency of payments are determined on the day the deposit is made.

Any person with an account at Urbo Bank can make a term deposit. If you are not yet a customer of our bank, you can become a customer remotely.

You can conclude a deposit agreement in the following ways:

  • Deposits are accepted in Euros (EUR), US Dollars (USD) or British Pounds Sterling (GBP);
  • Minimum deposit amount is (EUR/USD/GBP) 100.

Interest is paid at a frequency of your choice:

  • Every month (for the previous calendar month);
  • Every three calendar months;
  • Every six calendar months;
  • Yearly;
  • At the end of the deposit agreement;

Interest starts to accrue on the day after the deposit is made.

On the last day of the term of the deposit, interest will not be charged.

  • Interest starts to accrue on the day after the deposit is made and is not charged for the last day of the deposit term;
  • The deposit can be automatically renewed for the same term at the annual interest rate in force at the bank on the renewal date;
  • The amount cannot be reduced or increased by additional instalments;
  • The deposit is not repayable in instalments before the contractually agreed maturity;
  • No interest is payable if the deposit is withdrawn before the due date;
  • The depositor must notify the bank in writing or via the Internet Bank at least 5 working days in advance of withdrawing the deposit before the contractual deadline;
  • Once the deposit has been placed via the Internet Bank, the depositor has the right to withdraw from the deposit agreement within 14 calendar days from the date of conclusion of the agreement, to change the renewal method, to opt for an automatic renewal or to opt out of it by the end of the fixed term of the deposit.

Deposits held with Urbo Bankas are insured by the State Enterprise Deposit and Investment Insurance.

Check whether your deposit is eligible for deposit insurance.