Dear customers,
In connection with the update of the Bank's product portfolio, with effect from February 1, 2027, DSK Bank will terminate the maintain and service of „DSK Stimulus“, „Horizons“ and „New Horizons“ (agreements concluded with Expressbank AD before the merger with DSK Bank), and, with effect from that date, the Bank will treat the existing agreements for the use of these products as agreements for the use of Children's Savings Accounts. With effect from February 1, 2027, the terms and conditions applicable to the Children's Savings Account will apply to these accounts, including those relating to interest, the method of interest calculation, and account maintenance and service charges.
✓ What is changing?
For your convenience, we have summarized the main changes here:
| Product | AS IS | TO BE | ||
|---|---|---|---|---|
| EUR | USD | EUR | USD | |
| Monthly maintenance and operational servicing fee | ||||
| DSK Stimulus | no fee | no fee | no change | no change |
| Horizons | no fee | no fee | no change | no change |
| New Horizons | no fee | no fee | no change | no change |
| Product | AS IS | TO BE | ||
|---|---|---|---|---|
| Interest | EUR | USD | EUR | USD |
| DSK Stimulus | Interest, regardless of the balance – 0% Bonus* on daily balances of 50 and above 50 – 0.001% *The bonus applies to the current calendar year | Interest, regardless of the balance – 0% Bonus* on daily balances of 50 and above 50 – 0.001% *The bonus applies to the current calendar year | Interest, regardless of the balance – 0% | Interest, regardless of the balance – 0% |
| Horizons | Interest, regardless of the balance – 0% | Interest, regardless of the balance – 0% | no change | no change |
| New Horizons | Interest, regardless of the balance – 0% | Interest, regardless of the balance – 0% | no change | no change |
No further action is required on your part in connection with this change. Your account will continue to be maintained, and as of February 1, 2027, the current terms and conditions specified above will apply to it.
Full details of the applicable terms and conditions can be found in DSK Bank's General Terms and Conditions for Provision of Payment Services to Individuals, Tariff for Fees and Commissions Applied by DSK Bank for Individuals and the Interest Rate Bulletin for Individuals.
If you do not accept the changes being made, you have the right to terminate the contract in writing before the effective date of the changes without compensation or penalty. The Bank shall deem that the customer has accepted the changes if he has not notified it to the contrary within the specified period.
Sincerely,
DSK Bank Team
