An investment product giving the opportunity to add value to your available money with an attractive interest rate in a short-term investment horizon. The return is paid on the previously agreed term with the interest disbursed in the original or an alternative currency.
Deposit maturity ranges between one week to three months
Low investment volume required - starting at CZK 100 000
Can be traded online via RBroker or over the telephone
Compared to conventional term deposits, it involves a higher foreign-exchange risk but also a higher interest yield
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.
Choose one alternative currency to the basic one for optional payment of the return - for example the euro.
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).