Nordea foreign currency deposit
- is subject to variable interest rates or fixed interest rates
- an individually negotiated deposit is subject to a fixed interest rate
- on maturity, interest is automatically added to the capital of the initial deposit, or can be withdrawn or transferred to any bank account
- on maturity, the deposit is revolved for the same period, on the same terms and on the interest rate from the first day of the next deposit period, unless you give a different order
Deposit periods
1, 3, 6 and 12 months - variable interest rates
1, 3 and 6 months - fixed interest rates
Available in
EUR, USD, SEK, DKK, NOK
Minimum opening deposit
- 500 units of given currency for EUR and USD and 2 000 units for SEK, NOK, DKK
- EUR 25 000 or equivalent in USD, SEK, DKK, NOK - individually negotiated interest rates
Interest rate - variable interest rate
| Term | EUR | USD | SEK | DKK | NOK |
| 1 month | 0.45% | 0.10% | 0.40% | 0.90% | 0.80% |
| 3 months | 0.50% | 0.15% | 0,45% | 0.95% | 0.85% |
| 6 months | 0.55% | 0.20% | 0.50% | 1.00% | 0.90% |
| 12 months | 0.60% | 0.25% | 0.55% | 1.10% | 1.00% |
Interest rate - fixed interest rate
| Term | EUR | USD | SEK | DKK | NOK |
| 1 month | 0.70% | 0.90% | 0.45% | 1.00% | 1.20% |
| 3 months | 0.90% | 1.00% | 0.50% | 1.10% | 1.25% |
| 6 months | 1.00% | 1.10% | 0.60% | 1.20% | 1.30% |
Withdrawal of deposits before deposit maturity dates
Withdrawing a portion or all of the funds deposited in a Nordea foreign curenncy account before the end of the declared deposit term will result in the calculation of interest at a reduced rate, i.e. an interest rate adjustment. In such cases, interest is calculated for the actual number of days the deposit is kept at the early termination interest rate of 0,2%.
All you need to do in order to open a Nordea foreign currency deposit
- submit an ID card
- sign an agreement on running a deposit account
- deposit a minimum amount in cash or by transfer
Deposits of up to 100.000 euro are guaranteed by