Term deposit

Don’t let extra money just sit in your company's current account – put the available funds to a term deposit to grow.

The National Guarantee Fund guarantees deposits, including interest earned, to the value of up to €100,000 per depositor.

The rating agency Moody's assigned Coop Pank investment-grade rating of Baa2.

In Internet bank you can open a term deposit in the amount of up to 500 000 euros.

If you wish to deposit over 500 000 euros, please submit an application to us.

Earn up to 3,60%

Minimum amount 100 €

Period 1-120 months

Risk-free 100% guaranteed

Per year, effective from 01.10.2024

In the case of monthly interest payments, the interest rates are -0.05% lower.

Term deposit – good to know

In order to enter into an agreement for a term deposit, you need to have a current account in the bank. You can open a deposit of up to €500,000 in our Internet bank. For larger amounts, contact your business client manager or apply here.
When entering into your agreement you can choose the deposit date, how long the deposit period will be, whether it should extend automatically and whether interest is paid to you monthly or at the end of the period.
Make sure the amount you’ve earmarked for the deposit is in your account before the deposit date, as the bank will set up a term deposit account for you and transfer the amount across to it on that day.
A term deposit is designed for you to keep your money in for a specific amount of time. You can’t make any payments into it or withdrawals from it while it’s open, which is to say the funds will be out of reach to you for the duration of the deposit. Note that the bank won’t pay any interest if you terminate the agreement ahead of time.
Information about the deposit amount and the interest paid out can be obtained in the Internet bank or at any branch. If you opted to have interest paid to you on a monthly basis, the bank will transfer it to your current account each month.