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.
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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).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 21 September 2020
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.