AB PAREX bankas - Deposits

Deposits

PAREX bankas offers term deposits. They are typical deposits of the bank in the account of which there is a constant amount of money during the validity term of an agreement; interest on the deposit is paid every month or upon the maturity term of the deposit.

By making a term deposit into PAREX bankas:

You can choose a deposit in Litas, the USD or Euro;
At your request you can choose the manner of paying interest;
You can specify that upon your failure to arrive at the bank, the deposit agreement should be extended automatically for the same time period;
When the agreement is extended automatically, the interest calculated could be capitalized, that is, added to the sum of the new deposit;

How to withdraw the deposit prior to the expiry of the validity term of the agreement?

If you want to withdraw the deposit prior to its maturity term, you have to inform the bank thereof in writing at least 7 calendar days in advance before the day of withdrawing the deposit. In the event you withdraw the deposit prior to the expiry of the validity term of the agreement, the interest calculated shall be deducted from the sum of the deposit.

Prices

Interest on Term Deposits

Other Prices