Määräaikaistalletuksen
Määräaikaistalletus, often translated as fixed-term deposit or term deposit, is a type of savings account where funds are deposited for a predetermined period. This period, known as the term, can range from a few months to several years. In return for committing their funds for a fixed duration, depositors typically receive a higher interest rate compared to a regular savings account with no withdrawal restrictions.
The interest rate for a määräaikaistalletus is usually fixed for the entire term, providing predictability for
Määräaikaistalletukset are offered by banks and other financial institutions. They are generally considered a low-risk investment,