Use a Savings account to save money for unexpected needs, receiving interest on your funds.

You can receive the money when needed, but you must give a seven day prior notice to Latvijas Krājbanka.

Opportunities that are associated with a savings account

The advantages that you will enjoy when you open a savings account:

• There is no term for your deposit, and you can make deposits from account at Latvijas Krājbanka;
• The deposit can be made in LVL, USD, EUR or GBP;
• There is a flexible interest rate for the account;
• Calculated interest will be added to the account once a month and on the last day of each month;
• Money can be deposited into the account by any individual or company, making the deposit in cash, through a transfer or through the ongoing payment system;
• You can receive some or all of the money at any time you wish, but you must provide the bank with a seven day notice;
• If necessary, you can receive the money on the day that you request it, but in that case you must pay a fine of 1% of the sum that is being withdrawn;
• You can receive the withdrawn sum as a transfer to your account at Latvijas Krājbanka.

You may open your savings account at any of Latvijas Krājbanka Client Service Centers, and you will need your passport for this purpose.

Latvijas Krājbanka guarantees the security of your account and the confidentiality of all banking transactions.

Interest rates (annual)

LVL	USD	EUR	GBP
3.10	1.50	2.50	2.50

Minimum deposit¹

LVL	USD	EUR	GBP
10	20	20	20

Penalty for taking out the deposit without the 7 day notice		1% of the amount being withdrawn
Money withdrawal and/or contract termination forewarning time		7 days