Luminor Accumulative Deposit Terms and Conditions | Luminor
Luminor Accumulative Deposit Terms and Conditions
| Deposit currency | EUR |
| Deposit term | From 6 months to 1 year. You may choose a preferred number of days. |
| Minimum deposit amount | EUR 10 |
| Maximum deposit amount for which interest rates are applicable | EUR 15,000. You may conclude no more than five accumulative deposit contracts. |
| Minimum deposit supplement amount | EUR 1 |
| When can you conclude a contract? | On internet bank: every day from 00:01 a.m. to 10:00 p.m. At a branch or via phone: during the working hours. |
| Deposit termination | You can terminate all deposits at any branch or via internet banking (Savings and investment → My deposits). |
- According to the accumulative deposit contract, if you choose to withdraw a deposit prior to its term, you are obliged to notify us in writing no later than 7 working days in advance.
- The deposit may be terminated and the funds repaid to the deposit servicing account earlier than within 7 working days (if possible, on the same working day).
- If you withdraw your deposit prior to its maturity, you will not be paid any interest for the actual deposit holding period.