Terms of 1, 2, 3, 5 and 10 years:
A Savings Deposit (Spaar Deposito) is a savings account in which you deposit money for a longer period of time, or term. The interest rate is fixed during the term. We currently only offer a fixed term of 1, 2, 3, 5 or 10 years.
A Savings Deposit can be opened by consumer and business clients, as long as the client has an ABN AMRO current account.
At present, you can open a Savings Deposit with a term of 1, 2, 3, 5 or 10 years, and you can make your first deposit straight away. The minimum first deposit into a Savings Deposit is €500, and the maximum first deposit is €250,000.
Please note: this maximum amount depends on your set daily limit, which you can change to a maximum of €250,000 yourself.
If you want to deposit more than €250,000, you can do this by depositing a new sum of at least €500 immediately after your first deposit.
The maximum limit for deposits into a Savings Deposit is €10 million. This limit applies to the total of all Savings Deposits in your name. If you’re a business client, this limit applies to the group balance. This is the balance that you have together with the entities that form the group or partnership of which you are part.
New deposits are subject to the limits for transfers on Internet Banking and in the ABN AMRO app.
Please note: money can’t be transferred from a savings account with a Savings Lock.
If you already have a Savings Deposit and want to make a new deposit, you have two options:
Please note: you can’t deposit additional amounts into a Green Savings Deposit (Dutch) .
The maximum limit for deposits into a Savings Deposit is €10 million. This limit applies to the total of all Savings Deposits in your name. If you’re a business client, this limit applies to the group balance. This is the balance that you have together with the entities that form the group or partnership of which you are part.
When the term of your Savings Deposit expires, the amount deposited will be transferred back into your account. This can be a current account or another savings account held with ABN AMRO.
You can’t close a Savings Deposit if it still has a balance. The money has to be withdrawn or transferred first. In most cases, you will have to pay a penalty. Read more about this in our terms and conditions (Dutch)
Is there no balance left in your Savings Deposit (Spaar Deposito)? Then you can close the account free of cost. You can easily close a savings account page. Business clients can do this easily online on the close a business savings account (Dutch) page
Your money is protected by the Dutch Deposit Guarantee
Your money held in accounts at ABN AMRO Bank is legally protected by the Dutch Deposit Guarantee, from 1 cent to €100,000. This protection applies per account holder and applies to the total amount that you have in your accounts at ABN AMRO Bank. You do not have to do anything for this.
You’ll find all the terms & conditions in our Savings Deposit terms and conditions (Dutch)
