UAB Medicinos bankas

Business Summary

Services
retail banking
corporate banking
Products
current accounts
savings accounts
time deposit accounts (0.05 - 0.40 %)
safe deposit boxes
trade financing
Clients
natural persons
legal entities
Area Served
Lithuania
internationally
Germany

UAB Medicinos bankas provides products and services in the areas of retail banking, corporate banking. The range of products offered by UAB Medicinos bankas includes current accounts, savings accounts, time deposit accounts (0.05 - 0.40 %), safe deposit boxes, trade financing. UAB Medicinos bankas makes its solutions available to natural persons, legal entities.

Products

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

UAB Medicinos bankas offers the following time deposit accounts.

Updated on 6 December 2019

Flexgeld
Sales Region
Germany
Investment Amount
5,000 - 100,000 EUR
Interest Rate (p.a.)
0.05 - 0.40 %
Deposit Term
6 - 36 months
Time Deposit Account Details
Product Name
Flexgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.05 %
Max. Interest Rate (p.a.)
0.40 %
Min. Deposit Term
6 months
Max. Deposit Term
36 months
Min. Investment Amount
5,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Time deposit accounts made with UAB Medicinos bankas are covered by deposit guarantee scheme of Lithuania up to 100,000 EUR per depositor.
Withholding Tax. Interest gained on time deposit accounts by non-residents of Lithuania is taxed at 0.00% rate. When the interest is paid, this tax is automatically withhold by UAB Medicinos bankas from the time deposit account. Interest income gained on time deposit accounts by residents of Lithuania is not taxed.

See Also

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