BACK
Online business term deposit
Flexible use of cash
Discover the features
What’s the interest rate
Fixed rate
We set the interest rate depending on the deposit amount and the term you choose for your online business term deposit. The interest rate remains fixed over the entire term of the deposit.
We inform you about the interest rate applicable on the day you apply, through business web banking, before you accept the terms.
Monthly interest payments
Interest is paid monthly, provided that the term of the online term deposit is equal to or greater than 1 month.
You receive the interest on each interest payment maturity date, in the account you’ve linked to the term deposit. Before paying interest, we deduct the tax amount, which currently stands at 15%. If the interest payment maturity date falls on a non-business day, you receive the interest on the next business day.
What are the loan amount and term
€30,000 minimum initial deposit
With a low initial deposit starting at €30,000, you have the chance to benefit from favourable returns with a term deposit.
From 7 days to 12 months
You set the term of the online business term deposit. You may choose:
- 7 or 14 days
- 1, 3, 6, 9 or 12 months
How it makes banking easier
Early withdrawal online
You may withdraw all your initial deposit early online, from your computer. However, you’ll be charged with a penalty for early withdrawal.
Easy online management
The authorised users of your business digital banking may view and manage your term deposit through your business web banking.
In addition, they may create a new term deposit online, without visiting a branch.
Regular updates
Stay up to date about your online business term deposit through your business web banking:
- When you get it – We send you a document with all the details of the application and the key features of your term deposit, such as deposit amount, interest rate, term and linked account.
- Whenever you want – Each time you log into your business web banking you may view the interest amount and interest payment to the linked account you’ve chosen, together with other details of your term deposit.
In addition, you receive a notification on your email in case of any change in your business term deposit.
Detailed info
Have a look at the special terms and features of the online business term deposit.
What you need to open a term deposit
Apply provided you...
- Own a sole proprietorship or are a legal entity.
- Can open a term deposit per your business legal documents.
- Hold a business account with Alpha Bank.
- Have booked an appointment at an Alpha Bank branch to activate the term deposit.
The supporting documents to start banking with us or to update your details, if you:
- Are a freelancer / own a sole proprietorship.
- Own an SA, OE, PC, LTD or EE.
- Want to update your personal details.
How to get an online business term deposit
Book an appointment at a branch
If you are the legal representative, book an appointment at the branch of your choice. Bring along the legal documents for your business.
Once we check them, we activate the term deposit for the 1st time.
Manage the term deposit
After activation, all the authorised users can view, manage and create a new term deposit through business web banking.
New to Alpha Bank?
For freelancers
For registered companies with 1 representative
For businesses with 2+ legal representatives
No digital banking?
Get business credentials
For freelancers or companies with 1 representative
Get business credentials, provided you already have personal ones or hold an active Alpha Bank card.
Get personal credentials
If you haven’t already signed up
Get personal digital banking credentials in a flash through your mobile or computer.
Explore other options
Any questions?
I want to withdraw my term deposit early. How do I apply?
Can I open a business account online?
Yes. Provided your business:
- Has just 1 legal representative who already banks with Alpha Bank as an individual and has digital banking credentials.
- Is of the legal form Société Anonyme (SA), General Partnership (OE), Private Company (PC), Limited Partnership (EE) or Limited Liability Company (LTD).
- Is registered and taxed in Greece.
If your business does not meet these conditions, book an appointment at a branch near you.