CIB Corporate Deposits

• you can select from a wide range of fixed deposits, with terms ranging from 1 week to 12 months,
• minimum amount of the deposit: HUF 100 000 
• you can choose between a one-off or an automatically renewable fixed deposit,
• compound interest option.

Description:

• terms of 1, 2 or 3 weeks, and 1, 2, 3, 6 or 12 months available,
• minimum amount of the deposit: HUF 100 000,
• you can choose between a one-off or an automatically renewable fixed deposit,
• compound interest option,
• the interest on the deposit – depending on the instructions of the account-holder – is credited to the current account at expiry or on the deposit renewal date,
• if the deposit is terminated before maturity, our bank terminates the fixed deposit at the time requested by the customer, and calculates an interest rate that is 2% lower than the interest rate that was valid for the fixed term at the time that the fixed deposit was created, but not less than the effective rate interest of interest paid on the current account; in the case of a partial term of less than a month, the interest on the deposit will be 0% starting from the initial fixing day or the deposit-renewal day,
• if a portion of the deposit is terminated before maturity, and the terminated portion of the deposit is below the minimum amount required for the deposit – in the case of a partial term of at least 1 month – the bank will pay interest that is calculated on the basis of the interest rate associated with the forint current account effective at the time of the termination,
• if a portion of the deposit is terminated before maturity and the terminated portion of the deposit exceeds the minimum amount required for the deposit – in the case of a partial term of at least 1 month – the bank calculates an interest rate that is 2% lower than the interest rate that was valid for the fixed term at the time that the fixed deposit was created, but not less than the effective rate of interest paid on the current account
• in the case of a partial term of less than a month, the interest on the deposit will be 0% starting from the initial fixing day or the deposit-renewal day
• the non-terminated portion – if the amount of this exceeds the minimum amount required for the deposit – shall continue to bear interest on the given amount starting from the latest turning date, under unchanged conditions, at the interest rate pertaining to the given term and amount,
• a partial amount of a corporate HUF fixed deposit may be terminated only in person at the bank branch or by fax,
• our bank is a member of the OBA, and therefore its deposits are insured up to the amount specified by law,
• we accept the CIB Corporate HUF Deposit as a collateral deposit

• you can select from a wide range of fixed deposits, with terms ranging from 1 week to 12 months,
• minimum amount of the deposit: USD 5 000, EUR 5 000, GBP 5 000, CHF 10 000
• you can choose between a one-off or an automatically renewable fixed deposit, compound interest option.

Description:

• terms available for 1 or 2 weeks, or 1, 3, 6 or 12 months,
• minimum amount of the deposit: USD 5 000, EUR 5 000, GBP 5 000, CHF 10 000. If the fixed deposit is created via the CIB Internet Bank, the amount of the deposit may also be USD/EUR/GBP 200 or CHF 400,
• you can choose between a one-off or an automatically renewable fixed deposit,
• compound interest option.
• the interest on the deposit – depending on the instructions of the account-holder – is credited to the current account at expiry or on the deposit renewal date,
• interest is registered daily,
• the bank terminates the fixed deposit on the second banking day following the written request of the Customer and the interest will be equal to the on-sight interest associated with the given currency effective on the day when the fixed deposit is terminated,
• a partial amount of the deposit cannot be terminated,
• our bank is a member of OBA, and therefore its deposits are insured up to the amount specified by law,
• we accept the CIB Corporate FX Deposit as a collateral deposit.

You may create or terminate a CIB Electronic Deposit via

• CIB Internet Bank,
• CIB Business Terminal,

and may also modify it via CIB Internet Bank.

Starting from a term of 1 month, you may receive an interest rate that is higher than the Corporate HUF fixed deposit.

Description:

• you may create a fixed deposit for a period as brief as one week or as long as 6 months,
• minimum amount of the deposit: HUF 100 000,
• you can choose between a one-off or an automatically renewable fixed deposit,
• compound interest option.
• a partial amount of the deposit cannot be terminated,
• if the deposit is terminated prior to maturity, no interest will be credited from the day of fixing or from the last deposit renewal day,
• our bank is a member of OBA, and therefore its deposits are insured up to the amount specified by law,
• CIB Bank does not accept the CIB Electronic Deposit for the purposes of a collateral deposit.

High interest, no strings attached!

• No opening balance is required on the technical account associated with the CIB Yield Deposit.
• Monthly Account management: free of charge
• CIB Internet Bank registration: free of charge

Do you want to achieve a high rate of deposit interest without opening an account?

If you fix a CIB Corporate Forint Deposit or CIB Electronic Deposit from a CIB Yield Deposit Technical Account, your company’s cash and financial assets will earn you exceptionally high interest without an account management fee or CIB Internet Bank registration fee.

• The CIB Yield Deposit Technical Account is not a current account.
• The terms and conditions for fixing a deposit are the same as in the case of CIB Corporate Forint Deposits and CIB Electronic Deposits.
• In a CIB Electronic Deposit, the minimum amount of the deposit is HUF 500 000, and the available interest is higher than that for the corporate forint fixed deposit, starting from a term of 1 month.

Possible transactions

• crediting via GIRO,
• transfer order via GIRO (at a bank branch or via CIB Internet Bank), exclusively to another current account kept at another bank specified in the Deposit Framework Contract.

Functions available via CIB Internet Bank

• account balance inquiry,
• deposit-fixing,
• modification and breaking,
• account history and
• bank statements.