Amount and basic currency
Choose the amount you wish to invest, for example CZK 100 000. In this case, the Czech crown is your basic currency. Also, you can invest in various other currencies.
You can choose a maturity term of 1 week, 2 weeks, 1 month or 3 months. The longer the maturity, the higher the interest.
Alternative currency and difference exchange rate
Choose one alternative currency to the basic one for optional payment of the return - for example the euro.
Effective exchange rate
Finally, it is necessary to set up an effective exchange rate (here, it is the EUR/CZK exchange rate). According to this previously set rate, the bank decides whether the money and interest will be paid in the basic or the alternative currency. Let’s suppose that you have set the effective rate at 26.300 CZK for 1 EUR. If at the time of disbursement the CZK exchange rate is above 26.300, your funds will be paid out in the basic currency (CZK in the present case). If the current rate is below the effective rate, the money will be paid in the alternative currency (EUR).