•Cumulative savings is a kind of fixed-term savings based on multiplied placing of deposit on the saving account during the duration of the fixed-term savings i.e. cumulative savings.


•Bank determines the minimum amount of the first placement which is 0
•Amount of future money placements is not determined by the Bank
•Interest rate is variable
•Automatic renewal of term savings is determined by Savings agreement
•If client does not cancel the Fixed-term Savings Agreement within 10 days prolongation period, Bank automatically renew term savings for the same period as agreed, under the conditions applied on term savings renewal date.
•Savings may be cancelled before the term savings expiry date only with consent of the Bank
•On the term savings expiry date, interests are added to deposit or may be transferred on the current account.


•Flexibility of the depositing dynamic –amounts of placements according to the clients abilities who determines the amount and dynamic of placements
•Each new placement increases the principal amount which enables reaching higher interest rate levels
•Possibility of payment by costless standing order from current or gyro account
•Client does not have to come to Bank if he wants to renew the due fixed-term savings
•Possibility of getting Lombard loans based on fixed-term deposit collateral
•Ideal savings for investment in the future.


•Opening of the savings account – free of charges
•Issuing of the Savings card – free of charges
•Issuing and replacement of the Savings book per account – 3,00 €
Charges are determined in accordance to the Decision on Bank’s tariffs


Interest rates are determined in accordance to the Decision on Bank’s interest rates