ACCOUNTS SAVINGS CARDS LOANS MORTGAGES CAR FINANCING INVESTMENTS

Regular Saving Account

Details

Description of the Account

  • With the opening of a Regular Savings Account, a standing payment order is also established for an amount of your choice (CZK 300, CZK 500, CZK 1,000, CZK 1,500, CZK 2,000, CZK 2,500, CZK 3,000, CZK 4,000, or CZK 5,000), for a payment day of your choice (on the 15th or 25th of each month).
  • The money is transferred to the Regular Savings Account on the basis of the standing payment order referred to above
  • The cleint only can dispose with the deposit in the Regular Savings Account within 7 calendar days after an anniversary of the establishment of the Regular Savings Account
  • You can receive information about transactions in your Regular Savings Account in the form of quarterly statements

Interest Rate

  • If the conditions are met (regular monthly savings in the amount you set and as at the date you set, for one year), the Regular Savings Account bears a fixed interest rate stated in the current Interest Rate List
  • The interest rate only changes on an anniversary of the opening of your Regular Savings Account
  • Interest is always credited on the day preceding an anniversary of the opening of your Regular Savings Account, to the balance in your Regular Savings Account

An Illustration of the Course of Saving

An Illustration of the Course of Saving

Duration

A Regular Savings Account is established with automatic renewal in one year.

Opening a Regular Savings Account

A condition for opening a Regular Savings Account is the existence of a current CZK account. Open a Regular Savings Account by your Internet Banking or at any of GE Money Bank branch.

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