Unicredit Launches Weekly Special Term Deposits

Unicredit Launches Weekly Special Term Deposits

Unicredit has recently launched a new product to our suite of investment options – the Weekly Special Term Deposit, providing extremely competitive interest rates on new deposits (new money) to Unicredit.

The Weekly Special Term Deposit is structured so that the rate, term and amount tier can change on a regular basis (at least weekly) in order for Unicredit to be able to provide the best possible rate for that term and amount tier.

Sourcing new deposits and maintaining existing deposits remains a key part of Unicredit’s overall strategy to ensure the balance between loans and deposits continues to meet regulatory requirements. While Unicredit is in a very favourable position in this regard, we have made a commitment to never become complacent and so will continually review our product suite to ensure we are meeting our member’s needs and industry requirements.

Please Note: The Weekly Special Term Deposit is only applicable on new deposits / new money to Unicredit. Existing Unicredit term deposit holders cannot roll existing Unicredit funds in to a Weekly Special Term Deposit, but as we always do, Unicredit welcomes discussion with members whenever their term deposits mature so that we can continue to provide the best possible rates to our members.