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. I
• 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 Business Terminal.

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.

Place a deposit without opening a bank account?

Invest your funds through a CIB Yield Deposit technical account, allowing your company's surplus cash to earn attractive interest without any account maintenance fees. 

Key features:

• Monthly account maintenance is free of charge.
• Available in Hungarian forints (HUF) and euros (EUR).
• No initial deposit is required to open the account.
• The CIB Yield Deposit technical account is not considered a payment account.
• The deposit terms and conditions are identical to those applicable to corporate deposits.

Available transactions:

• Crediting of HUF and EUR funds.
• Transfer orders (submitted at a bank branch) exclusively to a payment account held with another bank and specified in the Deposit Framework Agreement