Luminor | Nordea Conditions of a Term Deposits

	Term deposit	Term deposit with periodic interest payment
Deposit currency	Euro, US dollar, Norwegian krone, Great Britain pound sterling	Euro, US dollar
Deposit term	From 1 month to 5 years	From 3 months to 5 years
How to open term deposit?	On internet bank In branch or by phone	On internet bank In branch or by phone
Minimum deposit amount	100 EUR, 100 USD, 100 GBP, 1000 NOK	100 EUR, 100 USD
When is interest paid?	Agreed interest is received at maturity of the selected deposit	Agreed interest is paid monthly, quarterly, or half-yearly without waiting for maturity of the deposit

If the amount of the deposit is bigger than 100 000 EUR or the equivalent to this amount in another currency, call 1608. You will be connected to the competent consultant.
According to the term deposit contract, if you choose to withdraw a deposit prior to its term, you are obliged to notify us in writing no later than 7 working days in advance. The deposit may be terminated and the funds repaid to the deposit servicing account earlier than within 7 working days (if possible, on the same working day).
If you withdraw a term deposit before maturity, the whole deposit amount will be returned to the current account, however, the interest will not be paid.
If during the deposit term you have been paid the interest on the term deposit, the returned amount will be reduced by the amount of the interest paid.
General Terms and Conditions of Term Deposits