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Periodic saving and investing

Periodic saving and investing

No contribution is too small when saving

  • You can save money without a strain on your family budget
  • You can set aside or invest small amounts; most importantly, you do it on a regular basis
  • The desired amount may be transferred to a deposit account or invested at selected intervals

Periodic saving and investing is one of the more convenient saving methods particularly suitable for persons who have no big savings yet.

Periodic saving and investing methods

Savings deposit Investment funds SEB Strategy Unit-linked insurance
The service is provided by SEB bank The service is provided by UAB "SEB Investicijų Valdymas" The service is provided by AB "SEB Gyvybės Draudimas"
Minimum contribution
EUR 1 EUR 10 EUR 20
Term
The term of the deposit is unlimited. With due consideration to the acceptable risk, investments can be made for the term of 3 to 10 years or longer. The minimum term of the unit-linked insurance is one year. No maximum term is established.
Potential average yield
 0.05% annual interest rate 5%1 5%1
1 The average rate of return is only a forecast; it fluctuates continuously (may rise or fall) and depends upon the investment fund of your choice. Fluctuations cannot be foreseen in advance. Therefore, the provided data are only projections. Return on investments is exposed to risks. Investments may rise or fall in value and the fact that the return is historically positive does not guarantee that it will remain such in the future. In certain cases, losses may exceed the original investment.
Basic rates
Contribution fee — NONE

Asset management fee — NONE

Service fee — NONE

Risk fee — NONE

Contribution fee — 0.5% of the contribution (this reduced rate is applicable only to periodic investments)

Safekeeping fee — 0,02% per quarter (minimum safekeeping fee makes EUR 2,03 quarterly and is applied to each account separately)

Asset management fee (included in the price of the unit of the fund) — 1-1.85% of the accumulated amount annually, depending upon the selected fund

Service fee — NONE

Risk fee — NONE

Contribution fee – 2% of the contribution

Service fee – EUR 1,16 per month and 0.05% of the accumulated amount

Risk fee shall depend upon the selected sums insured, the client’s age

Opportunity to amend the contractual terms at any time
You may terminate the deposit agreement, change the contribution amount, the date and intervals of transferring the contribution. You may replace the selected investment fund with another one. You are given the opportunity to change investment trends on the online banking site.
Opportunity to withdraw the accumulated funds, when necessary
You may withdraw all or part of the accumulated funds, when necessary.2 You may sell all or any units of the funds at any time.3 You may withdraw part of the accumulated sum, when necessary. Furthermore, you may terminate the insurance contract prematurely.4
2 Money can be transferred to any other own account free of charge. When withdrawing cash standard cash withdrawal fee will be applied.

3 In case if profit from sales of fund units (or any other securities and financial derivatives) over a tax period is below EUR 3,000, relevant sales proceeds are tax exempt. It may not be to your best interests to sell the units of the funds, as these investments are subject to the risk that at the time of the sale the value of the units of the funds may be lower than their acquisition value. The payment received for the sale of the units of the funds will be remitted no later than within 7 calendar days.

4 It may not be to your best interests to terminate the insurance contract prematurely. If the insurance contract is terminated prematurely or part of the accumulated sum is withdrawn, the accumulated sum will be subject to the personal income tax (PIT) if a PIT relief has been applied. In case of premature contract termination the surrender value is calculated by deducting contract administration costs from the amount of savings (surrender values are specified in the annex to the insurance policy).

Additional information
Deposits up to EUR 100,000 (LTL 345,280) are insured by VĮ Indėlių ir investicijų draudimas. You are given the opportunity to periodically invest amounts in EUR into SEB Strategy funds, which invest into various-class assets (bonds, stocks, alternative instruments, commodities, currencies, instruments related to real estate and private equity companies). You are given the opportunity to accumulate money and select an additional insurance coverage.
More than 17 investment trends are offered.

The PIT relief can be applied.5

5 The accumulated funds are not subject to taxes at the end of the period, if:
  • the period of the unit-linked insurance is longer than 5 years, and the beneficiary is 5 years younger than the retirement age at the end of the period,
    or
  • the period of the contract is longer than 10 years, and the beneficiary is under 26 years at the end of the period.

In other cases, upon the expiration or termination of the insurance contract, the amount to which the PIN relief was applied is subject to the 15% personal income tax.

Material information to the insured on taxation applicable to life insurance contracts concluded after 1 January 2003 (PDF, 156 KB, in Lithuanian)

Where to apply?
1. Make a savings deposit in a SEB bank unit.

2. Conclude an agreement on the periodic transfer of funds in a SEB bank unit or online.
1. Open a securities account and conclude an agreement in a SEB bank unit.

2. Conclude an agreement on the periodic investments into SEB Strategy funds in a SEB bank unit or online.
1. Conclude a unit-linked insurance contract in a SEB bank unit.

2. An application to receive e-invoice may be submitted:

For more information about the banking services, the terms and applied fees please call our 24/7 line +370 5 268 2800 or visit a SEB bank unit of your choice.


We recommend that before you sign any financial service agreement you read the service terms carefully and consult the staff of the bank if you need to.

It is promotional information about the investment services available from SEB Bank. It cannot be construed as a personal recommendation, order or invitation to buy or sell specific financial instruments and may not constitute any basis or part of any subsequent transaction. Although the content is based on sources deemed to be reliable, SEB Bank cannot be held responsible for any inaccuracies or losses which may be incurred when investments are made based on such information.

Before you make a decision to invest in specific financial instruments, you must, either yourself or with a help of our consultants, consider that your investments may fall in value due to inflation, changes in market interest rates or certain events beyond the control of the bank If investment is made in financial instruments denominated in foreign currencies, changes in the exchange rate may affect the return on your investment.

You are responsible for your investment decisions. Therefore, before you make a decision to invest you must, either yourself or with a help of our consultants, consider if these risks are acceptable. If you want a consultation, please visit the SEB bank unit of your choice or call a 24/7 line at +370 5 268 2800.

Please note that the services described here are not intended for investors within the jurisdiction other than that of SEB bank units providing these services and investment opportunities, authorisation to invest and investing in locations of certain jurisdictions, including the United States of America, Canada, Japan and Australia, may be unlawful. SEB bank may not advise on investment issues, promote investments, solicit or offer investments where any such may be unlawful. If you live or read information on this website at a location within the jurisdiction other than the one of the SEB bank unit which provides this information, you are responsible for compliance with the laws and other legal acts which may be applicable to you. If you need more information, please contact your SEB bank account manager or any SEB bank unit.

To help you successfully invest and correctly allocate investments we have established SEB Strategy funds, which are actively managed and cover a huge range of investment instruments.

Investment funds SEB Strategy

The assets belonging to investment funds "SEB Strategy Defensive", "SEB Strategy Balanced", "SEB Strategy Opportunity" and "SEB Strategy Growth" are invested by combination of:

  • traditional securities (stocks and bonds)
  • financial instruments related to real estate, commodities, currencies, private equity
  • investments in alternative investment funds

Diversified investments as one of the key prerequisites for successful investment

Investing in these funds is easy and convenient because all you have to do is select the acceptable risk and the expected return on investment. Aiming at maximum and stable return, we will distribute assets among seven asset classes.

It’s handy to invest in these funds periodically

If you invest periodically and for a long time, you can expect a positive, long-term return on investment as fund managers have the opportunity to purchase assets at various prices: during turbulent spells for financial markets funds can invest your periodic instalments in financial instruments (stocks, bonds and other securities) for a reduced price to accumulate more assets for future periods of market growth.

Recommended duration of investment

Our recommendation is:

  • if you decide on “SEB Strategy Defensive” fund – hold the investment for at least 2 years
  • if you decide on “SEB Strategy Balanced” fund – hold the investment for at least 3 years
  • if you decide on “SEB Strategy Opportunity” or “SEB Strategy Growth” fund – hold the investment for at least 5 years
 

Make your life more colourful by making periodic investments in SEB Strategy funds.

 

For more information about the banking services, the terms and applied fees please call our 24/7 line +370 5 268 2800 or visit a SEB bank unit of your choice.


We recommend that before you sign any financial service agreement you read the service terms carefully and consult the staff of the bank if you need to.

It is promotional information about the investment services available from SEB Bank. It cannot be construed as a personal recommendation, order or invitation to buy or sell specific financial instruments and may not constitute any basis or part of any subsequent transaction. Although the content is based on sources deemed to be reliable, SEB Bank cannot be held responsible for any inaccuracies or losses which may be incurred when investments are made based on such information.

Before you make a decision to invest in specific financial instruments, you must, either yourself or with a help of our consultants, consider that your investments may fall in value due to inflation, changes in market interest rates or certain events beyond the control of the bank If investment is made in financial instruments denominated in foreign currencies, changes in the exchange rate may affect the return on your investment.

You are responsible for your investment decisions. Therefore, before you make a decision to invest you must, either yourself or with a help of our consultants, consider if these risks are acceptable. If you want a consultation, please visit the SEB bank unit of your choice or call a 24/7 line at +370 5 268 2800.

Please note that the services described here are not intended for investors within the jurisdiction other than that of SEB bank units providing these services and investment opportunities, authorisation to invest and investing in locations of certain jurisdictions, including the United States of America, Canada, Japan and Australia, may be unlawful. SEB bank may not advise on investment issues, promote investments, solicit or offer investments where any such may be unlawful. If you live or read information on this website at a location within the jurisdiction other than the one of the SEB bank unit which provides this information, you are responsible for compliance with the laws and other legal acts which may be applicable to you. If you need more information, please contact your SEB bank account manager or any SEB bank unit.

Everybody wants to save money for the future, yet very few do, as they doubt they can. However, there are plenty of opportunities; all you have to do is stop doubting and start acting, moreover that such doubts are often unreasonable.

Unreasonable doubts

1. I have no money I could save for my future

Probably you could become more economical without much worsening the quality of your life. For example, if you had your daily coffee at home rather than in a cafeteria, in a month you could save up an amount enough for periodic saving or investing:

EUR 1 (a daily cup of coffee) x 30 days (a month) = EUR 30 (money for saving )

2. I have no time

Periodic saving and investing is a convenient method of saving money even for very busy people. All you have to do is visit the bank once for a consultation, find out the potential risks and conclude an agreement. Then you can amend the contractual terms and follow the results on the online banking site of SEB bank.

3. I don’t have sufficient knowledge to select the method and instrument of saving

The bank consultant will help you select appropriate financial instruments and the method of saving money with due consideration to your objectives, needs and possibilities, and will inform you about any potential risks. Investment management will be performed by professional managers.

4. EUR 20 or 30 per month will not produce much saving

It is important that you remain patient and consistent, and consider potential risks. The investment calculator will help you figure out how much you will save if you pay even small regular contributions for a long time, and will help you understand potential risks.

Please be warned that this calculator gives you only forecasted results, which cannot be the subject-matter or a part of any later transaction.

5. I am afraid of losing my savings

You can select non-risky or less risky instruments. For example, deposits up to EUR 100,000 (LTL 345,280) are insured by VĮ Indėlių ir investicijų draudimas; therefore, you will not lose any savings deposit that is equal to or less than this amount.

For more information about the banking services, the terms and applied fees please call our 24/7 line +370 5 268 2800 or visit a SEB bank unit of your choice.


We recommend that before you sign any financial service agreement you read the service terms carefully and consult the staff of the bank if you need to.

It is promotional information about the investment services available from SEB Bank. It cannot be construed as a personal recommendation, order or invitation to buy or sell specific financial instruments and may not constitute any basis or part of any subsequent transaction. Although the content is based on sources deemed to be reliable, SEB Bank cannot be held responsible for any inaccuracies or losses which may be incurred when investments are made based on such information.

Before you make a decision to invest in specific financial instruments, you must, either yourself or with a help of our consultants, consider that your investments may fall in value due to inflation, changes in market interest rates or certain events beyond the control of the bank If investment is made in financial instruments denominated in foreign currencies, changes in the exchange rate may affect the return on your investment.

You are responsible for your investment decisions. Therefore, before you make a decision to invest you must, either yourself or with a help of our consultants, consider if these risks are acceptable. If you want a consultation, please visit the SEB bank unit of your choice or call a 24/7 line at +370 5 268 2800.

Please note that the services described here are not intended for investors within the jurisdiction other than that of SEB bank units providing these services and investment opportunities, authorisation to invest and investing in locations of certain jurisdictions, including the United States of America, Canada, Japan and Australia, may be unlawful. SEB bank may not advise on investment issues, promote investments, solicit or offer investments where any such may be unlawful. If you live or read information on this website at a location within the jurisdiction other than the one of the SEB bank unit which provides this information, you are responsible for compliance with the laws and other legal acts which may be applicable to you. If you need more information, please contact your SEB bank account manager or any SEB bank unit.

Contact

  • "Skype" (24/7 line)
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