How can I use the product?
A deposit bill of exchange offers you a favourable increase of your surplus funds. It is the purchase of a bank bill issued by LBBW Bank CZ a.s., which remains deposited with the bank free of charge while you only receive information on its safekeeping or on the execution of its maturity.
LBBW Bank CZ a.s. issues deposit bills with a minimum value of CZK 30 million or an equivalent amount in foreign currencies. The minimum maturity is 2 weeks, depending on the amount of the deposit.
What are my benefits?
- You increase your surplus funds thanks to preferential interest rates.
- Deposit bills are issued with individual contract rates depending on current interest rates on the interbank market.
- Regular clients do not have to come to the bank themselves, they only need to call to have a deposit bill issued, followed by a confirmation of the bill via facsimile.