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Deposits up to the value of 100,000 Eur are secured by the State company “Indėlių ir investicijų draudimas” in accordance with the terms and conditions of the Republic of Lithuania’s law on deposit insurance and insurance of liabilities to investors.
Detailed information on deposit insurance terms and conditions and the cases in which deposits are not covered and the payout limits apply to them is available on the website of the State Company Deposit and Investment Insurance www.iidraudimas.lt
.Terms of the Insurance Currency risk alert:
if term deposit is being held in US dollars or Norwegian krones, due to fluctuation of currency exchange rates you run the risk of incurring a loss.