OREANDA-NEWS. January 18, 2010. Since now the pensioners who receive their old-age pensions to Siauliu bankas’ account or to Siauliu bankas’ payment card account will be able taking the advantage of more favourable conditions, i.e. lower fees, higher time deposit interest and some other useful offers, reported the press-centre of Siauliu Bankas.

This is a particularly favourable time to the pensioners who have or intend to have an account with Siauliu bankas or want to acquire a payment card. The bank issues Visa Electron and Maestro payment cards free of charge without the annual card servicing fee, which means the pensioners acquiring a payment card will not incur any expenses.

The clients can withdraw pensions that are transferred by SODRA in any outlet or ATM of Siauliu bankas, and the bank will not apply any commission fee to such withdrawal. Moreover, the bank will not apply any administration fee to the pensions transferred to the client’s account.

“It is really worth having an account with Siauliu bankas as, placing a time deposit, the pensioners receive by 0,15 per cent higher interest than interest applied to the time deposits at the Bank at that moment. After the maturity period of time deposit, the depositors are able withdrawing their funds from the account free of charge - without a commission fee”, - said Daiva Kiburiene, Deputy Chief Executive Officer, Head of Corporate and Retail Banking Division of Siauliu bankas AB.

The pensioners who have an account with Siauliu bankas or a payment card will not have to pay not only for withdrawal of pensions and payment cards but also will be able saving while paying up the utility fees. Paying with the payment card of Siauliu bankas or transferring the funds from the bank account, the utility fees and other payments will cost much cheaper - 0,70 LTL only.

All the mentioned conditions are applied to both  new and existing clients, whose old-age pensions are transferred into Siauliu bankas’ account or to Siauliu bankas’ payment card. Besides, Siauliu bankas offers an exceptional service to the venerable-age clients, i.e. a free depositor’s book where all the operations performed at the bank are defined.