Idea::overnight deposit

Idea::overnight is a deposit that puts your money to work during the night, earning you additional cash for your business:

• Flexibility
• Superior cash management
• Safety: the deposit is guaranteed by the Bank Deposit Guarantee Fund within the limits communicated by the Fund

Idea::overnight will help you capitalize on the cash in your Idea::Bank at the end of each calendar day.

• Can be established every time you have cash available by using standard deposit contracts or based on a one-time convention valid for one year, further to which Idea::Bank establishes overnight deposits if you have the minimum amount available in your account.
• If you choose to activate the Idea::alerts additional service, you will always stay up to date by SMS and/or e-mail on the current status of your accounts after transfers are made, or in other words you are notified when your money were put to work and when they returned to your account.

Interest:

• the interest is variable, depending on your account balance

Fees:

• There are 3 types of costs to be considered:

Starting from 21.03.2016, standard interest rates for term deposits are valid for amounts up to 1 million euro or equivalent/client.

Idea Bank S.A. is a credit institution participating in the Bank Deposit Guarantee Fund in Romania, up to the maximum threshold notified by the latter (EUR 100,000). More details here: www.fgdb.ro

Please find below the information for depositors according to the provisions of Law no. 311/2015 on deposit guarantee schemes and the Bank Deposit Guarantee Fund.

To set up an Idea::overnight deposit, you can either:

• Visit any of our branches
• Fill in the online form and click the Apply now button