Vaxtareikningur 30

Vaxtareikningur 30

Vaxtareikningur 30 is a non-indexed savings account where the interest rate rises in increments, depending on the account balance. Vaxtareikningur 30 is suitable for corporates who have the leeway to wait 30 days for funds after a request for withdrawal is made.

  • 30-Day fixed term
  • Non-indexed
  • Up to ... interest
  • Interest paid annually

About the account

The entire balance on the account is restricted with no fixed final date. Withdrawals are paid out 31 days after the submission of a withdrawal order, i.e. 30 days must elapse between the date the order is made and the date the funds will be available. An account for disbursement is specified when a withdrawal is ordered. The account for disbursement must be a Landsbankinn account owned by the same customer as the account funds are being withdrawn from.

Incremental interest depending on balance
No minimum balance
No service, redemption or other fees apply
Suitable for customers who can plan the use of funds with 31 days’ notice

Interest

Bracket Amount Intr. paid annually
First bracket 0 - 999,999 %interest2081%
Second bracket 1,000,000 - 4,999,999 %interest2082%
Third bracket 5,000,000 - 19,999,999 %interest2083%
Fourth bracket 20,000,000 - 59,999,999 %interest2084%
Fifth bracket Over 60,000,000 %interest2085%

Join our group of satisfied customers

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