Overnight deposit

Overnight deposit is a short-term account that gives the opportunity to deposit your funds in the Bank with a fixed interest rate for the term of 1 day – from the current date until the Bank´s next working day. The deposit may not be supplemented. The Bank and the client agree upon the interest rate and deposit amount in a separate agreement. 

Main conditions for the deposit

• Minimum amount – 300 000 LVL, 500 000 EUR, 500 000 USD, 500 000 GBP or 3 000 000 RUB
• Deposit term – 1 working day
• Fixed interest rate upon agreement
• Interest is paid at the end of the deposit term together with the principal amount
• The deposit may not be supplemented
• The fee for deposit withdrawal before maturity, having received Bank’s consent, is 2% p.a. of the amount to be withdrawn, for the number of days remaining until the deposit maturity date

How to place a deposit

1. You can agree upon the interest rate, deposit amount and currency with one of the Bank’s Dealing Department specialists at (+371) 67041185
2. You can conclude a deposit agreement with conditions agreed separately at the customer service centre of any branch of the Bank or in the Internet banking system e-NORVIK, choosing the section “Services” – “Place a deposit”

Contact information

For consultations, please call (+371) 67041100

  > See Deposit rates

Compare types of deposits

See General Provisions for Transactions (Part II, Section 4)

NORVIK BANKA is a member of NGF