The minimum Single Term Deposit amount deposited for 2 - 5 years is CZK 40,000.

Benefits of Term Deposits

Single and Revolving Term Deposits will appreciate your funds in Czech crowns or other currencies (EUR and USD), offering you the following advantages:

• A more advantageous interest rate than on a Current account or Saving Account
• The more you save, the higher is the interest rate that you get on your deposit
• The money deposited in a term deposit is separate from your current account
• You choose the duration of the term deposit based on your needs
• You can have all your transactions in a term deposit under control with statements, which you can receive by post or electronically (eStatement), or pick up in person
• Term deposits can be established in the following currencies: CZK, EUR, and USD
• You can prematurely withdraw your term deposit subject to a penalty, the amount of which is specified in the current List of Tariffs
• Your term deposits are insured by law
• All operations with your term deposit, with the exception of a premature cancellation, are free of charge
• Furthermore, a Revolving Term Deposit is tied to your current account, so that money can be transferred automatically between them
• You can also open and manage your Revolving Term Deposit 24 hours a day, 7 days a week through the Internet Banking

More about Single Term Deposit or Revolving Term Deposit

Open a Term Deposit

You can open a Single or Revolving Term Deposit by your Internet Banking or at any of GE Money Bank branch.