*Interest rates p.a.valid only for retail customers, and valid until revoked.
How Do I Open My Account?
01
Apply for a Payment Account
02
Select a Savings Product
03
Secure Attractive Interest Rates!
The first step is to open a Payment Account which free of charge. This account serves as a reference account for your transactions and has an interest rate of 0.01 % p.a.
Once you have your Payment Account, you can open a Time Deposit or Daily Due Deposit Account using our
Internetbanking. As soon as your money is on your Payment Account, you can access to it conveniently from home.
Frequently Asked Questions
What is a Time Deposit Account?
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The Time Deposit Account is an Online Deposits Account at DenizBank AG. A
specific amount (minimum amount 1.000 Euro) is invested in a Time Deposit Account. You can choose
the duration of the investment yourself. At maturity the interest will be credited to your
account.
What is the minimum deposit at Time Deposit Accounts?
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The minimum deposit amount is 1.000 Euro.
How do I pay my deposit?
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You transfer your deposit to your Payment Account, then open a Time
Deposit Account and the deposit amount will be transferred to this account.
Where is the accumulated interest credited to?
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After expiration of the term (i.e. on maturity), the accumulated
interest will be credited to your Time Deposit Account.
What do I need to consider when opening a Time Deposit Account?
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You have three different repayment options at maturity:
Re-payment at maturity
The amount will be transferred to your Payment Account at maturity.
Re-invest of interests and capital:
The interests and capital will be reinvested for the same term with the
interest rate applicable at the time of maturity.
Re-invest of capital:
The capital will be reinvested for the same term with the interest rate
applicable at the time of maturity. The interests will be transferred to your Payment Account.
How many Time Deposit Accounts can I open?
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You can open an unlimited number of Time Deposit Accounts at DenizBank AG.
Is the interest rate guaranteed?
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The agreed interest rate for your Time Deposit Account at account
opening is guaranteed for the entire term.
What are the fees for a Time Deposit Account?
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Denizbank AG offers you the Time Deposit Account free of charge.
How can I cancel my Time Deposit Account before maturity?
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An early cancelation of Time Deposit Account before maturity is excluded for both sides and can be made only exceptional in individual cases.
Which interest rate is charged in the case of early closing of the Time Deposit Account?
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In the event of early termination, the interest rate is retrospectively reduced to 0.0% p.a. and a deduction of interest on advances made in favor of the bank. The advance interest exceeds the agreed credit interest rate by a quarter (as of August 2019). In addition, due date fees apply according to our list of fees.