What is the i:deposit?

It is a supplementary service to your current account. It is a deposit in EUR with certain term (1 month, 3 months, 6 months, 12 months, 24 months and 36 months) which may be activated via the Internet Banking.

For whom the i:deposit is intended?

The service is intended for Tatra banka clients who use the Internet Banking and wish to have more benefits to their savings.

How does the i:deposit?

The opening of the i:deposit and the first deposit may be realised by a single operation in the Internet Banking. The first deposit is not counted in the daily limits and is transferred from a EUR current account to which the client has active access. The EUR current account from which the first deposit is transferred in opening the i:deposit is also a target account to which the principal and interests will be remitted upon the expiry of the relevant term. During the existence of the i:deposit, the target account cannot be changed. Any additional deposits to the i:deposit may be made by transfer via the Internet Banking or in a branch.

The i:deposit may be opened either without or with renewal. In case of i:deposit with renewal, the term of deposit is automatically renewed on the date of expiry. The client has the option to dispose with the interests on the date of renewal, either by crediting the interests to the principal or by transfer to the current account from which the i:deposit was opened. The principal may be increased on the date of renewal.

In the event of subsidiary deposits (subsequent deposits), the bank will permit increase of the principal also beyond the date of renewal via a domestic payment order from a EUR current account placed via the Internet Banking or in a branch. Transfers to the i:deposit from the target account during existence of the i:deposit are not counted in the daily limits of the authorization tool which is available to you.

The standard terms of deposit are: 1 month, 3 months, 6 months, 12 months, 24 months and 36 months (the line for the interest rates is in the bottom of the page). The interest rate depends on the amount of deposit and the term of deposit. The interest rate applicable on the date of accounting the deposit cannot be changed during the term of deposit agreed in the contract and is revised on the date of renewal. The subsidiary deposits bear interests in a special interest rate. It is lower of the two interests rates applicable on the date of renewal of i:deposit before and after making the subsidiary deposit. The current interest rates quoted for the i:deposit are equal to the rates applicable for the branch term deposit accounts.

No partial pre-withdrawals may be made from the i:deposit. In exceptional cases and with a bank´s consent, you may only pre-terminate the whole deposit.

In such event, the right for interests shall be reduced subject to the term of the i:deposit ,according to the conditions set forth in the Tariff of Fees, in the part dealing with the TVÚ. If the date of renewal falls on a day which is not a business day, the i:deposit may be terminated without reduction of interests on the next business day following the date of renewal.

Pre-termination of the i:deposit may be requested by a client using the active form of some of the electronic banking services to the current account from which the i:deposit was opened.

The client may ask for paper statements which shall be sent to him by mail.

The following changes may be made in the i:deposit during the term thereof:

• Automatic renewal - contracting/cancellation
• Disposal with the interests on the date of renewal - credited to the principal/transferred to a current account
• Language code for statements - the Slovak, English, and German language versions are available