OREANDA-NEWS. December 03, 2010. A number of changes related to deposit, savings and card accounts will come into force, reported the press-centre of Rietumu.

Considering customer requests, Rietumu lowers the minimum investment amount for term deposits, deposits with periodic interest repayment, with interest capitalisation and savings deposits in US dollars, euro and lats – to 5 000 EUR/USD or 3 000 LVL accordingly.

The bank’s customers can also get quicker access to their funds in case of early termination of a deposit – at latest, on the next working day upon receipt of a customer’s written application. This service will be chargeable with additional 0.25% fee (min. EUR 100).

In case of a standard deposit termination, all previous terms and conditions apply.

Customers, who placed their funds on savings accounts, can also get quicker access to their funds. The term of submitting application for funds transfer to a current account is lessened from 14 to 7 working days.  

Rietumu starts to accrue interest for card account security deposits exceeding or equal to 5 000 EUR/USD or 3 000 LVL and will apply 1-month term deposit interest rate to the respective currencies.