The Corporate Account is also one of the Bank’s regular savings accounts. It is best suited for disciplined savers who wish to gain a return on their deposits, but require convenient access to their funds.
The following highlight the criteria/features of the Corporate Accounts:
- Minimum initial deposit of two thousand euros (€2000.00) to open the account
- Minimum balance of five hundred euros (€500.00) required to maintain the account
- Free online banking
- Free ATM/Visa Debit Card
- Quarterly interest payments – interest will only be earned if the average daily balance of a cycle (3 months) is greater than one hundred euros (€100.00)
- Quarterly printed statements (option available for only electronic copies)
- Monthly service fee of five euros (€5.00) for falling below the minimum balance (calculated on the monthly average balance)
- Service charge for over-the-counter withdrawals in excess of established limits (only after ATM has been implemented)
