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For purchasing and (or) safekeeping of Saving Notes you need a payment account with Luminor bank. You can open a payment account separately. For the information on the cost and fees related to opening and using a payment account please refer here
Savings notes transfer
Savings notes can be transferred to other investors, as outlined in the Lithuanian Savings Notes Issuance and Circulation rules. If savings notes are acquired during marriage, then a notarized power of attorney is required for transfer of savings notes. Otherwise, savings note transfer agreement must be signed by both spouses at Luminor bank.
If you cancel the contract early, the contract will not end immediately but in accordance with your pre-term maturity dates. The Government of the Republic of Lithuania is responsible for the redemption of savings notes and interest payment. Therefore, by investing into savings notes, you assume the risk of insolvency of the Government of the Republic of Lithuania. More...