TEB Ster Time Deposit

If you have a sum of money that you can invest for a longer period, then our TEB Ster Time Deposit is a sound opportunity to invest safely at a fixed interest rate.

Once your TEB Ster savings account is showing a sufficient balance, we are able to open a time deposit for you.

- Minimum deposit is EUR 1,000. Maximum deposit is EUR 500,000.
- Term for maturity is between 3 months and 60 months.
- Your deposit is placed at a fixed interest rate for the duration of the entire term.
- Interest shall be paid at maturity date for deposits with a tenor shorter than one year.
- For deposits with a tenor longer than one year interest shall be paid yearly.
- The deposit balance remains unchanged for the term.

You can open a TEB Ster Time Deposit as follows:
- By e-mail (sparen@tebnv.nl)
- By mail (letter or a form) download a TEB Ster depositform
  Please mention your Teb Ster Savings account, the amount and period.

How to extend /close a TEB Ster Time Deposit?
In case we did not receive your message in which you order us not to extend the deposit, we will extend the deposit for the same amount and period, against the interest tariff applicable at that moment. Ultimately 1 day before the maturity date, it is possible to inform us not to extend the deposit.

Termination before maturity date:
See frequently asked questions