K&H business savings account

high interest with no risk, flexible access and tenor?

  • an interest rate higher than term deposit interest rates if certain conditions are met
  • convenient access via K&H business e-bank
  • flexible: access the money on your account at any time
K&H business savings account

details

The K&H business savings account combines easy access with the reliability and attractive interest rates of term deposits.

deposit base rate selected on a tiered basis depending on the amount of your deposit

if there are no debits to the account in a given calendar month and the daily closing balance on the account reaches the minimum amount every day from the first banking day of that month, the account will bear interest at the deposit base rate in the month in question

flexible

  • you may give us instructions about the sums on your account by phone or via K&H corporate e-bank
  • each client may open one deposit account, and having at least one HUF-denominated payment account or FX account is a precondition

minimum initial amount and minimum balance

HUF 1,000,000

account management fee

HUF 315 / month, now free of charge until the end of promotion

The further terms and conditions are contained in Annex 1 to the Announcement for Corporate Clients.

The K&H business savings account is insured by the National Deposit Insurance Fund.

contract terms and conditions, announcements

general tems and conditions
general terms and conditions for payment and deposit services provided to corporate clients
general contractual contracting terms and conditions of K&H mobilinfo
announcement for corporate clients
announcement on term deposits for corporate clients

what is the term of the deposit?

there is no fixed term, this is a type of sight deposit

how is interest calculated?

  • compound interest is calculated on a daily basis and paid once a month
  • tiered interest

why is it flexible?

  • you can access your savings at any time; even in such a case, you will receive the sight deposit interest available on your payment account
  • you may add to your account balance during the month or give us an order for regular credits
  • you can access the savings of your business in person, by phone or via K&H corporate e-bank
This material does not constitute an offer. The Bank reserves the right to change terms and conditions. A detailed description of the product and its terms and conditions can be found in the relevant client contract, the General Contracting Terms and Conditions of payment and deposit services provided to corporate clients, the General Contracting Terms and Conditions for bankcard and credit card services, the General Contracting Terms and Conditions for banking services requiring electronic identification, the General Contracting Terms and Conditions of K&H Mobilinfo Service, the General Terms and Conditions and the currently effective Announcement for Corporate Clients. Insurance is provided by K&H Biztosító Zrt., detailed description and conditions of the insurance product and services are available in the insurance contract and in the relevant contractual terms and conditions of insurance.