Changes in savings deposit interest rates and payment-related terms and conditions
Starting from 1 October 2025, a new interest rate of 1.65% per annum will apply to the savings deposit.
From 5 October 2025, the updated Terms of settlement and the Terms and conditions of standing order agreement will take effect. The purpose of these changes is to make payments even safer, faster, and more accurate, and to help prevent fraud and errors.
- One of the most important and positive changes for the customer is that when making an internal or European payment, we will start verifying whether the payee’s name corresponds to the name registered in the payee’s bank. This is an important step to help prevent fraud and possible data entry errors.
- In addition, the default instant payment limit will be 15 000 euros, but customers may set a different limit that best suits their needs.
- Refunds in case of failed payments will become faster. If we cannot execute an instant payment within 10 seconds – for example, due to additional verification – we will automatically cancel the payment and immediately return the money to the customer’s account. We will also notify you immediately after the payment whether it has reached the payee’s bank.
More information about payments
The changes to the terms and conditions will automatically take effect on 5 October 2025, and the new savings deposit interest rate will apply from 1 October 2025.
Clients, who do not agree with the changes, have the right to terminate the savings deposit agreement(s) no later than 30 September 2025, and standing order agreement(s) no later than 4 October 2025.
