What are Time Deposits:

Time deposits are ATEbank's alternative solution to savings account. They consist of a form of investment with a specific duration (e.g. 7-21 days, 1, 2, 3, 6, 9 or 12 months) and require a minimum deposit of € 5.000. Interest rates are negotiable and depend on the deposit amount and the agreed period, while they also offer the possibility of monthly interest returns (for 12-months' time accounts). 

Whom it concerns: 

Time Deposits address all individuals, non-profit private organizations and also public organisations (besides those subject to Law 1611/50). 

Advantages: