Simple Time Deposit

The simplest type of time deposit. You choose the time deposit term, from 1 day up 12 months. Available in euro or foreign currency, such as:


AUD   CAD   CHF   DKK   GBP   JPY   NOK   SEK   USD  
Australian
Dollar
  
Canadian
Dollar
  
Swiss
Franc
  
Danish
Krone
  
Pound
Sterling
  
Japanese
Yen
  
Norwegian
Krona
  
Swedish
Krona
  
US
Dollar
  
INTEREST
RATE

Fixed

depending on the amount of the deposit
MINIMUM DEPOSIT
AMOUNT
5,000€
or the equivalent in foreign currency
INTEREST
PAYMENT
at maturity
IDEAL
FOR
  • Investing your capital
KEY
ADVANTAGES
  • Choice for specific maturity date
  • Automatic renewal option
INTEREST
RATE

Fixed

depending on the amount of the deposit

MINIMUM DEPOSIT
AMOUNT
5,000€
or the equivalent in foreign currency
INTEREST
PAYMENT
at maturity
IDEAL
FOR
  • Investing your capital
KEY
ADVANTAGES
  • Choice for specific maturity date
  • Automatic renewal option

How you benefit

Risk-free and with your choice of deposit term

The Simple Time Deposit ensures a risk-free return on your capital. You deposit your money for the term of your choice, from 1 day up 12 months. You benefit from a fixed interest rate that you know before the beginning of the time deposit, while interest is paid at maturity.



Minimum amount

The minimum deposit amount for the Simple Time Deposit is €5,000 or the equivalent in the foreign currency.



Automatic renewal option

You can choose your Simple Time Deposit to be automatically renewed at maturity for the same term, with or without the interest being capitalized and the interest rate that applies on that date.

Interest Rates

The Simple Time Deposit has a fixed interest rate throughout its term.

The interest rates depend on the currency, the amount and the term of the time deposit.


Interest is paid at maturity of the Simple Time Deposit.

You may find the interest rates here.

Interest rates are gross, annualized and may change according to the Piraeus Bank pricing policy. Tax rate of 15% applies. Tax is deducted and paid over to the Greek State.