Měnový prémiový vklad v CZK 10/2024

2024/10/11 17:31:00
Bid	Ask
-	10,000.00
Minimum yield	-
Difference	0.00%(0.00)

General attributes
Product type	Premium deposits FX
Issuer	Česká spořitelna, a.s.
Issue date	2024/10/31
Currency	CZK
Underlying	Euro / CZK (ČNB)
Capital guarantee	-
Maturity	2025/10/29
Minimum rate	2.00% p.a.
Basic lower rate	2.00% p.a.
Premium upper rate	3.50% p.a.
Range width	0 až -0.20 CZK
Barrier in %	-

since inception

Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance. Source: Česká spořitelna, a. s.

Advantages

Details you should be aware of

100% return of the deposited funds and a definite minimum yield regardless of the market development of the dynamic underlying asset.
Daily locking of the yield. You can no longer lose the achieved yield.
Premium deposits and their yields are subject to insurance and tax just as classic term deposits.
Setting up and managing the deposit is free.

Please note that the target market of this investment instrument is listed below. If you do not meet any of the listed parameters, you may be outside the specified target market!

The target market defines the set of investors (retail clients) for whom the investment product is intended.

This investment product is intended for investors who:

seek investment profit

are able to accept a level of risk that is in accordance with the risk indicator of the product specified in General attributes.

are interested in holding the product until the maturity specified in General attributes

The client's compatibility with the product's target market will be evaluated during the purchase process.

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Inflation risk. Investors should be aware that the fair value of an investment, including any yield may fall in connection with how inflation reduces the value of the product’s currency.

Currency premium deposits can be terminated prematurely at any time at Česká spořitelna branches. In this case, we guarantee the return 100% of its nominal value, but due to additional costs, a price of 2% from the withdrawn amount is charged.

Secondary market
To set up a currency premium deposit an asset account of financial instruments at Česká spořitelna is required as well as a cash account at Česká spořitelna maintained in the relevant currency. Setting up an asset account is free, and can be set up at any branch of Česká spořitelna based on the conclusion of the Investment Services Agreement. The investor needs a valid identity card, a legal entity proof of legal subjectivity. Currency premium deposits can be prematurely cancelled at ČS branches. However, in this case there is a 2% charge from the withdrawn amount due to additional bank costs. Who can buy? A citizen of the Czech Republic or foreign national over the age of 18 (in case of a minor his/her legal representative). A legal entity, natural person-entrepreneur. Other entities established under the laws of the Czech Republic, (foundations, movements, political parties).

Secondary market

To set up a currency premium deposit an asset account of financial instruments at Česká spořitelna is required as well as a cash account at Česká spořitelna maintained in the relevant currency.
Setting up an asset account is free, and can be set up at any branch of Česká spořitelna based on the conclusion of the Investment Services Agreement.
The investor needs a valid identity card, a legal entity proof of legal subjectivity.
Currency premium deposits can be prematurely cancelled at ČS branches. However, in this case there is a 2% charge from the withdrawn amount due to additional bank costs.

Who can buy?

A citizen of the Czech Republic or foreign national over the age of 18 (in case of a minor his/her legal representative).
A legal entity, natural person-entrepreneur.
Other entities established under the laws of the Czech Republic, (foundations, movements, political parties).

Disclaimer
A Premium Deposit with the stated properties can only be set up till the volume of the issue of Premium Deposits as determined by the bank is used up. Currency Premium Deposits may be terminated ahead of schedule at Česká spořitelna branches at any time. In such a case, however, a fee is charged pursuant to the Premium Deposit Contract due to additional bank costs. You will get more details of advantages, risks and other significant circumstances related to Premium Deposits at the branches of Česká spořitelna. The information sources used are generally regarded as reliable, although Česká spořitelna or Erste Group Bank cannot guarantee the correctness and completeness of the information contained therein. The aim of this web page is to give information on the services and products contained therein; it is not a binding proposal establishing any rights and obligations for participants. All information you can find here is of informative nature only. Before using the web page for investment, a specialized Česká spořitelna consultant should be consulted.

Disclaimer

A Premium Deposit with the stated properties can only be set up till the volume of the issue of Premium Deposits as determined by the bank is used up. Currency Premium Deposits may be terminated ahead of schedule at Česká spořitelna branches at any time. In such a case, however, a fee is charged pursuant to the Premium Deposit Contract due to additional bank costs. You will get more details of advantages, risks and other significant circumstances related to Premium Deposits at the branches of Česká spořitelna. The information sources used are generally regarded as reliable, although Česká spořitelna or Erste Group Bank cannot guarantee the correctness and completeness of the information contained therein. The aim of this web page is to give information on the services and products contained therein; it is not a binding proposal establishing any rights and obligations for participants. All information you can find here is of informative nature only. Before using the web page for investment, a specialized Česká spořitelna consultant should be consulted.