SmartDeposit - take advantage of a term deposit and earn in a smart way!

Icons / 24 / interest Created with Sketch.
Fixed interest rate of up to 1.70% annually.
Icons / 24 / secure profit Created with Sketch.
Free of charge term deposit account set up and maintenance.
Icons / 24 / lock Created with Sketch.
100% remote set up process.

Basic conditions of a term deposit

Icons / 24 / interest Created with Sketch.

Favorable deposit rates

up to 1.70% annually. The longer the term of the deposit, the higher the interest rate.

Icons / 24 / safe Created with Sketch.

500 EUR min term deposit amount

deposits between 500 and 15 000 EUR can be placed on the SmartDeposit platform.

Icons / 24 / time Created with Sketch.

Deposit terms beginning at 12 months

you may choose to deposit funds for a 12, 24, or 36 month term. The longer the term, the more profitable the interest rate.

Icons / 24 / free-account Created with Sketch.

Term deposit account opening is free of charge

you will not have to pay any fees for servicing and maintenance of your term deposit account.

Icons / 24 / protection Created with Sketch.

State guaranteed deposit compensation

the protection of your deposit on the SmartDeposit platform is safeguarded by the "Deposit Guarantee Law" of the Republic of Latvia. The maximum amount of guaranteed compensation is 100 000 EUR per each depositor.

Icons / 24 / calendar Created with Sketch.

Accrued interest is paid out at the end of the term of the deposit

receive the principal amount of the deposit along with the earned interest at the end of the term.

How much can you earn?

Amount
10 € 15 000 €
Term (Month)
12
24
36
Profit:
Gross total amount:
Interest rate: %
Income tax::
After tax amount::

Interest rates

The principal amount along with the accrued interest will be disbursed at the end of the term.

12 Months
1.20%
24 Months
1.50%
36 Months
1.65%

Bank's fees

Account opening: Free
Account maintanance: Free
Account closure: Free
Early termination of the contract*: Entire principal amount would be returned back, however, you would forego any accrued interest.

*If a client exercises the right to cancel the term deposit agreement within 14 (fourteen) days since the signing date of the agreement, a 1% penalty fee would not be assessed and deducted from the term deposit’s principal amount, and the full amount (excluding the accrued interest) would be returned back to the client within 10 (ten) days. However, if the early termination of the term deposit’s agreement is initiated after the 14 (fourteen) days of the agreement’s signing date, a penalty fee in the amount of 1% would be deducted from the term deposit’s principal amount, and the principal amount (excluding the accrued interest) would be returned back to the client within 30 (thirty) days from the day when the right to cancel request was initiated.

Why choose SmartDeposit?

Icons / 24 / team Created with Sketch.

Strong team.

The SmartDeposit team consists of professional specialists in the field of finance who believe in what they do.

Icons / 24 / experience Created with Sketch.

An expereince that's worth gold!

The SmartDeposit platform was created by top tier specialists at AS Expobank. The bank itself has been operating in Latvia since 1991, and one the most lucrative bonuses for its clients has always been favorable term deposit interest rates.

Icons / 24 / protection Created with Sketch.

Guaranteed deposit safety.

Your term deposit is protected. The provisions of the "Deposit Guarantee Law" are applicable to the SmartDeposit platform guaranteeing a compensation of up to 100 000 EUR per depositor.

Key benefits of placing your term deposit using the SmartDeposit online platform

  • A term deposit is designed to provide you with a certain amount of earnings on a predetermined date.
  • The SmartDeposit online platform offers more attractive interest rates compared to traditional savings accounts.
  • Unlike a savings account, a term deposit has a fixed rate so market changes will not affect your earnings.

Frequently asked questions

What is a term deposit?

Icons / 24 / drop Created with Sketch.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque consequat rutrum blandit. Nulla sem neque, sollicitudin aliquet auctor nec, interdum sit amet nulla.

Can I access the funds before the of the term?

Icons / 24 / drop Created with Sketch.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque consequat rutrum blandit. Nulla sem neque, sollicitudin aliquet auctor nec, interdum sit amet nulla.

How can I open a term deposit account at AS Expobank using the SmartDeposit online platform?

Icons / 24 / drop Created with Sketch.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque consequat rutrum blandit. Nulla sem neque, sollicitudin aliquet auctor nec, interdum sit amet nulla.

We use cookies

Functional cookies description

Statistic cookies description

Marketing cookies description

Further information regarding cookies is available here