KBC Time Deposit Account

A time deposit account is an account on which you deposit your money for a pre-determined term and interest rate. You can choose your preferred term from the range of products offered. The interest rate or return depends on a number of factors, including the term, the amount invested and the currency involved.

Terms of less than one year:
Terms: of 1 to 11 months
Minimum subscription amount: 10,000 euros
For terms of less than one year, the interest is paid at maturity.

Terms of one year or longer:
Terms: of 1 to 5 years
Minimum subscription amount: 500 euros
For terms of more than one year, the interest is paid annually.

The rates are constantly changing. The rate is guaranteed at the time of subscription for the entire term. For current rates, contact your KBC Team or ask for the information you require via the contact page.
 

Terms of less than one year:
Possible currencies: AUD, CAD, CHF, CZK, DKK, GBP, HUF, NOK, NZD, PLN, SEK, TRY, USD and ZAR
Terms: of 1 to 11 months
Minimum subscription amount: depends on the currency
For terms of less than one year, the interest is paid at maturity.

Terms of one year or longer:
Possible currencies: USD
Terms: of 1 to 3 years
Minimum subscription amount: 500 USD
For terms of more than one year, the interest is paid annually.

The rates are constantly changing. The rate is guaranteed at the time of subscription for the entire term. For current rates, contact your KBC Team or ask for the information you require via the contact page.

There are no entry or exit charges if you keep the time investment until maturity.

• A time deposit account is relatively safe: the capital is repaid by the issuing bank at the predetermined maturity date. If the bank goes bankrupt or is unable to repay your capital, the capital of your term investment will still be covered by the deposit guarantee scheme for an amount of up to 100.000 euros per person and per bank.
  
• Exchange rate risk.

The income generated is subject to Belgian withholding tax of (currently) 30% on the gross amount of the interest. Some investors may qualify for an exemption if they meet certain criteria. The tax treatment information applies to individual investors subject to Belgian personal income tax. The tax treatment will depend on your individual circumstances and may change in the future.

• Belgian law applies to these products
• No key information for savers document is available for these time deposit accounts.
• The time deposit accounts depicted here are products of KBC NV, Havenlaan 2, 1080 Brussels, Belgium. VAT BE 0462.920.226, RLP Brussels, FSMA 026256. A Member of the KBC group.
• If you have a complaint, please contact KBC Complaints Management, Brusselsesteenweg 100, 3000 Leuven, complaints@kbc.be, tel. 016 43 25 94 and/or ombudsman in financial conflicts: ombudsman@ombudsfin.be.
• In case of the financial institution's bankruptcy or risk of bankruptcy, the saver runs the risk of losing their savings or may be subject to a reduction/conversion into shares (bail-in) of the amount of the claim they have against the financial institution for the sum above 100 000 euros that is covered under the deposit guarantee.
• You can subscribe to a time deposit account at your bank at any time. If you want to sell your time deposit accounts before maturity, your bank may buy them back (please note that it is not obliged to do so). The value you then get, depends on the market's interest rates and the costs charged by the bank. So it is by no means certain that you will recover your initial capital.