Euro-Plus Deposit

To open a Euro-Plus Deposit, you can transfer the desired amount to your Euro-Plus Savings account. You must clearly state you instruction in the description/reference. For example, you want a deposit with a 2-year term with interest paid out at the end of the term. You state the following: “2-year deposit end of term”. Should the description be unclear or incomplete, we will of course try to contact you. If we cannot reach you, the amount will be put into your savings account until further notice.

If the desired amount for a deposit is already in your savings account, you can have it converted into a Euro-Plus Deposit. You can pass on your instruction by telephone, e-mail, fax or mail.

The interest on the Euro-Plus Deposit is paid out at the end of the agreed term. If you have opted for an annual interest (only terms longer than one year), the interest is booked into the Euro-Plus Savings account or contra account.

The interest rate on the Euro-Plus Deposit is an interest rate agreed between Yapi Kredi Bank and the Account Holder(s), that does not change during the agreed term of the Euro-Plus Deposit. The interest rate applicable on the day that the entire amount to be put on deposit has been received by Yapi Kredi Bank Nederland will be used.

For the Euro-Plus Deposit you receive a bank statement, showing the conditions applicable, once, upon its commencement. During the term apart from your annual overview you will not receive and bank statements for this account.

Unless you instruct us otherwise, time deposits are opened without automatic renewal by default. If you wish to extend your deposit at maturity, you can enable the automatic renewal option at any time via Online Banking or by contacting our Call Center before the maturity date. If you have enabled automatic renewal and later change your mind, you can disable this option via Online Banking or the Call Center before maturity.

 If your deposit has already been renewed automatically, you may terminate the renewed deposit within 14 days after renewal by contacting our Call Center. You remain in control of your deposit preferences at all times.

Euro-Plus Deposits have a fixed maturity and cannot be terminated early. As stated in the Terms & Conditions, the only exception for early termination is in the event of the account holder's death.

Yes. If you enabled automatic renewal and did not change this setting before the maturity date, your deposit was renewed automatically according to your instruction. 

If you later decide that you do not want the renewal, you may terminate the renewed deposit within 14 days after maturity by contacting our Call Center. 

You can review and change your renewal preferences at any time before maturity via Online Banking or our Call Center.