Funds can be deposited in an annuity savings account for a term of 3 to 36 months. You can contract that the interest is paid to a sight deposit account before final maturity (monthly, quarterly, semi-annually, annually), while the principal remains the same until maturity. The contract is terminable before maturity, in which case interest is calculated at the rate applicable to the time elapsed.
Authorized persons are not nominated for the annuity savings account, but only for the sight deposit account used for principal and accrued interest payments and withdrawals.
Key features of annuity savings:
- deposits made in the client's name
- minimum deposit amount is HRK 5,000.00
- funds are term deposited at a variable interest rate equalling the interest rate on standard savings determined by the contract
Funds can be deposited in an annuity savings account for a term of 3 to 36 months. You can contract that the interest is paid to a sight deposit account before final maturity (monthly, quarterly, semi-annually, annually), while the principal remains the same until maturity. The contract is terminable before maturity, in which case interest is calculated at the rate applicable to the time elapsed.
Authorized persons are not nominated for the annuity savings account, but only for the sight deposit account used for principal and accrued interest payments and withdrawals.
Key features of annuity savings:
- deposits made in the client's name
- minimum deposit amount is HRK 5,000.00
- funds are term deposited at a variable interest rate equalling the interest rate on standard savings determined by the contract