Fixed-term deposit

Holm Bank offers the opportunity to open a secure deposit for a fixed term with the best deposit rates on the market.

Deposit amount

€500 – €100,000

Deposit period

3-60 months

Interest rate from

2.45%

Suitable for

money safekeeping and growth

Open deposit

Holm Bank deposits are protected by the national Guarantee Fund in the amount of up to €100,000. You can open a fixed-term deposit via our self-service. At the end of the deposit period, you can withdraw the deposit amount with the accrued interest. You can also use the deposit period auto-extension option. The interest rates and terms and conditions valid at the time of extension will apply for each new period.

Deposit interest rates

For private customers

The interest rates are given in the table on an annual basis, valid from 28.04.2025.

Interest is calculated based on a 360-day year and the actual number of days in the transaction. Interest rates apply to fixed-term deposits in the amount of 500 to 100,000 euros.

Period (months)	3-5	6-8	9-11	12	18	24	36	48	60
Interest (%)	2.45	2.45	2.40	2.40	2.40	2.40	2.40	2.40	2.40

How to sign a deposit agreement?

Sign a fixed-term deposit agreement in our self-service

Make a transfer

Start growing your money

At the end of the deposit period, extend or withdraw the money together with the accrued interest amount

In order to fulfil the due diligence obligation set for us as a bank, we ask you to identify yourself by video in the Veriff OÜ environment if the total amount of your deposits, including interest, exceeds 15,000 euros. If you are not a citizen of the Republic of Estonia, we might also ask you to identify yourself. A device with an Internet connection and a working camera is required for verification. Have your ID ready and follow the step-by-step instructions on screen. We will send you an email with a personal link to verify your identity.

Frequently asked questions

To open a deposit in Holm, enter our self-service environment, where you will find further instructions. If you have agreed to the terms of the self-service agreement, fill in the deposit agreement application and sign the deposit agreement. You can do all this electronically in the self-service. If you have any questions, please contact our customer support.

In order to fulfil the due diligence obligation set for us as a bank, we ask you to identify yourself by video in the Veriff OÜ environment if your deposits with interest or the total amount of loans are 15,000 euros or more. You need an Internet-connected device with a working camera. Have your ID ready and follow the on-screen instructions. We will send you a personal link where you can identify yourself to your e-mail address.

Please transfer the deposit amount from your own current account to the current account in Holm Bank within seven (7) calendar days of entering into your deposit agreement. The required payment details can be found on our self-service site once you have signed your agreement. When transferring amounts up to 15,000 euros you can use the payment links of any of the larger Estonian banks.

The deposit customer account is an account with your personal reference number in Holm Bank, through which settlements take place between the bank and you. The customer account is not a current account and cannot be used for daily banking transactions.

The money collected on the deposit account will be transferred to your customer account at Holm Bank at the end of the deposit period. You can transfer the money in the customer account to your current account at another bank at any time or use it to open a new deposit.

In case of automatic extension of the deposit period, the deposit is extended for the same period as the length of the original deposit agreement.

In case of an automatic extension of the deposit period, a new interest rate applies to the new deposit period in accordance with the interest rate valid at Holm Bank on the first day of the new deposit period.

A deposit can be opened at Holm Bank by a natural person resident in Estonia who is at least 18 years of age or a legal person registered in Estonia.

Holm’s deposits are protected by the Deposit Guarantee Sectoral Fund of the Guarantee Fund (Tagatisfond). If necessary, deposits are reimbursed with interest, but not more than 100,000 euros per depositor. Read the depositor information sheet here.

Holm Bank withholds income tax on the interest on the deposit and pays it to the Tax and Customs Board on your behalf. It is possible to defer payment of income tax on the earned interest if you use a personal investment account opened with your other bank when making a money transfer and letting us know about it. To do this, you must state in the terms and conditions when opening the deposit that you have a legal basis for not withholding income tax on deposit interest. Holm does not open investment accounts.

Pursuant to the Money Laundering and Terrorist Financing Prevention Act, we have an obligation as a bank to obtain a sufficient overview of the customer and to know whether the amount deposited is customary to the information previously known to us about the customer or not. When asking about the origin of money, we can ask the customer to provide additional information and documents to verify the origin of the money.

When concluding a deposit agreement, it is possible to choose automatic extension of the deposit period. In this case, at the end of the deposit period, the deposit period is automatically extended for the same deposit period on the first day of the new deposit period with the interest rate valid in the bank. The automatic extension of the deposit period can be set or waived during the entire deposit period by changing the arrangement for the extension of the agreement in the self-service environment.

To terminate the deposit prematurely, please send us a corresponding application by e-mail at [email protected].
We will transfer the deposit amount to the client account within 15 days as of the receipt of the notice of termination. If you wish us to transfer the deposit amount to the client’s account within a shorter term than 15 days, the Bank will be entitled to charge, and the depositor is obliged to pay a fee of 2% of the deposit amount.
We would like to draw your attention to the fact that upon early termination of the contract, you will lose the interest already earned during the deposit period.

You can choose whether to receive the interest calculated on the deposit amount at the end of the deposit period or once a year. However, you can only receive interest once a year if the selected savings period is at least 12 months.