Short-term Deposit

A short-term deposit is a deposit for a short, but defined, period of time with a fixed interest rate.

• Deposit term: from 1 day to 1 year
• Interest rate: the interest rates are set daily and depend on the money market resource costs. Executing the deposit contract will keep the interest rate unchanged until the end of the term. Information about current interest rates can be obtained in any SEB banka branch or settlement group, as well as by calling gratis the information line at 8777
• Interest payment: The interest is accumulated separately from the principal and is paid to the client at maturity,
• Currency: Deposits can be made in LVL, USD and EUR
• The minimum deposit is: LVL 25 000, USD 45 000, EUR 35 000.