Czech Republic
Czech Republic Interest Rates
Deposit | up to: 0.30% | Feb, 2018 |
Savings Accounts | up to: 0.20% | Feb, 2018 |
Czech Republic Bank Photos
Czech Republic Banks
Provider | Branch | Founded | Ownership | ||
---|---|---|---|---|---|
Ceska Sporitelna | 643 | 1825 | Czech Republic | Foreign | |
Komercni Banka | 399 | 1990 | Czech Republic | Foreign | |
CSOB | 249 | 1964 | Czech Republic | Local | |
Raiffeisen Bank Czech Republic | 120 | Czech Republic | Foreign | ||
UniCredit Bank Czech Republic | 55 | 2007 | Czech Republic | Foreign | |
Citibank Czech Republic | 6 | 1991 | Czech Republic | Foreign | |
HSBC Czech Republic | 2 | 1997 | Czech Republic | Foreign |
Ceska Sporitelna - Savings - Ceska Sporitelna Internet Savings Account
Q: Am I reading this correctly ? Interest rate would be 10% per annum on about $41,000 USD for 2 year term period ?
R: Nope - - this is .10 percent or one tenth of one percent. Considering the rates of exchange and the fact that the Czech Koruna remains fairly stable against the US Dollar, you would yield very little with this account after accounting for currency transaction costs.