Dear Clients,
Please be assured that KB Slovakia’s team is available and working for you in the current situation as well!

We are committed to providing our services so as to be able to meet your needs and expectations while protecting your as well as our health. Our team is now working primarily from home, with a view to minimising the risk of the infection spreading.

Our mailboxes, telephone numbers, and direct banking channels are up and running and are fully available to you.

We look forward to seeing you in our offices once the epidemic is over, and wish you all good health!

KATARÍNA KURUCOVÁ
Executive Director, KB Slovakia

 0800 118 100


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Term accounts in foreign currency

The Term account in foreign currency is intended for:

  • corporate entities

Characteristics of the Term account in foreign currency:

  • a type of deposit account
  • used to increase the value of free funds with the minimum of risk
  • money can be deposited in the account for 1, 3, 6 or 12 months
  • the term account is held for a lump sum deposit or for a deposit with automatic renewal

Advantages of the Term account in foreign currency:

  • higher interest rates than those in a current account
  • minimisation of risk – deposits are protected pursuant to the Czech Act no. 21/1992 Coll., on Banks, part thirteen Insurance of deposit claims
  • high liquidity of funds in terms of deposits with a maturity starting with 1 month – possibility of early withdrawal
  • selectable methods of using interest
  • establishment, management and cancellation of the account free of charge

The Term account in foreign currency allows you to:

  • Use the deposit:
    • on the maturity date (the level of the balance can be altered on automatic renewal of the account)
    • you can make early withdrawals before the maturity date
      • in accounts with deposits made for 1, 3, 6 or 12 months
    • the owner of the current account can decide on automatic transfer on the maturity date
      • specific level of transfer from the current account to the term account
      • blocking of the deposit can also be performed in the account
  • Gain favourable interest rates:
    • the interest rate is set as fixed for the whole duration of the lump sum deposit
    • the rate is announced in the Notification of interest rates
    • the rate depends on the deposit currency, length and level of the deposit
  • Use the interest:
    • you can transfer interest to another account
    • you can capitalise interest in the case of accounts with automatic renewal

How to establish/arrange a Term account in foreign currency:

Contact Us

In SR

0800 118 100

From abroad

BIC / SWIFT code: KOMBSKBAXXX
(KOMBSKBA)

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Press Releases

Actual press releases at www.kb.cz


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