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Notice Account
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Notice Accounts

What is a Notice Account?

A Notice account facilitates money savings with attractive rates, allowing the account holder to deposit money whenever he/she wishes while at the same time, provides easy access to ones funds.

Available:

• In all main currencies
• For individuals and legal entities
• With competitive credit interest rates
• With choice on days of notice (8 days, 33 days or 90 days notice)
• Without any fee on account opening

Other Characteristics:

• Facilitates savings by instructing the Bank to automatically transfer a fixed amount from a current or savings account
• Facilitates holder’s salary and/or any other income to be deposited automatically
• Relevant notice is required for withdrawals
• Facilitates yearly analytical statement for holder's information and convenience
• Accommodates minor account relationships as well

Pricing:

• Interest rates escalate according to the account balance
• Usually longer tenor provides higher rate
• Interest is variable and capitalization occurs at the end of each calendar year

Interest Rates on Euro Notice Accounts

 

8 days

33 days

90 days

Up to 20.000

0.15

0.40

1.05

20.001-100.000

0.15

0.40

1.10

100.001-500.000

0.15

0.40

1.15

Over 500.001

0.15

0.40

1.20

 

Existing but discontinued products of 15 and 45 days notice  will bear the following interest rates:

 

Interest Rates on Euro Notice Accounts

 

15 days

45 days

Up to 20.000

0.15

0.50

20.001-100.000

0.15

0.55

100.001-500.000

0.15

0.60

Over 500.001

0.15

0.65

For more information, please visit today one of our branches or call at 800 11 800 (+357 22 575 555 from abroad) 24 hours / 7 days a week