Termless deposit |
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This is the deposit for both Legal persons and Individuals, who want to place their free money resources to deposit and receive interest rate but do not know how soon it will be necessary for them again.
If the Client wants, he can increase this deposit in unlimited amounts. The Interest percent will be paid for permanent deposit only for the time that money resources actually were on the deposit. Calculated interest is transferred to the Client's account every month. If the amount of money on the deposit account is less than minimal required amount for interest calculation, then the interest payment for this period is not calculated. It is necessary for the Client to warn SMP Bank 7 days before the removal of money resources from the account. For removal of money without advance the Bank retains 0,25% from the paid sum. Minimal deposit amount for receiving interest %: Individuals: LVL 5 000; USD/EUR 10 000,- Legal entities: LVL/USD/EUR 10 000,-
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