Term deposit with fixed interest rate
The Bank shall calculate interest on a fixed rate term deposit at a fixed interest rate. The rate is set on the day of the contract and does not change during the contractual term.
Term deposit with varible interest rate
The Bank shall calculate interest on a variable rate term deposit at a variable interest rate. The interest rate consists of consists of the 1 or 3 month Euribor rate and a fixed interest rate supplement.
The reference interest rate is calculated daily. The rate is set on the date of conclusion of the contract and changes every three months, counting from the date of conclusion of the contract. At the end of each three-month period, the new reference rate applicable at the date of the change shall be taken into account. The interest rate supplement remains fixed for the entire term of the deposit.
The Bank calculates the interest on a daily basis and proportionally, and pays out or disburses it in accordance with the contractual provisions. The Bank shall calculate interest taking into account the actual number of days in a month and 365/366 days in a year. Days are counted on the first but not the last day of the business event.

The Bank shall calculate interest using a formula where the meanings are as follows:
o = interest
Go = principal
p = interest rate
d = actual number of days in the year for which interest is calculated