Thinking about the future and want to give your savings more time to grow? The Horizon Deposit is designed for you if you are pursuing long-term financial goals and looking for a combination of security, flexibility, and competitive returns.
Why choose this deposit?
The longer the deposit term, the greater the potential benefit from the applicable interest rates. The Horizon Deposit allows you to invest your funds for 5 or 7 years, earn annual interest, and manage your savings in line with your needs.
What should you know?
- The deposit is available only in ALL.
- The interest earned is credited to your account once a year.
- Automatic renewal of the deposit is available.
|
ALL |
5 Years |
7 Years |
|
Up to 5,000,000 |
2% |
2.2% |
|
Over 5,000,000 |
2.1% |
2.5% |
What do you need?
A valid ID card or passport.
Deposit terms and conditions:
- The minimum amount required to open the deposit is ALL 100,000.
- There is no maximum limit on the deposited amount.
- The deposit may be funded only at the time it is opened; no additional deposits are allowed during its term.
- If you close the deposit before maturity, you will forfeit the interest for the current year as well as the net interest earned in the previous year that has already been credited to your account.
*Deposits held by individual customers at OTP Bank are insured up to ALL 2,500,000 (two million five hundred thousand) by the Albanian Deposit Insurance Agency – http://asd.gov.al
Documentation
- Passport or Identity Card