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Promissory note of Trading
Promissory Note of Trading is intended for:
- Physical and legal entities,
- Clients who intend to favorably valuate their available money.
Promissory Note of Trading characteristics:
The Promissory Note of Trading (DST) represents one possibility, when you want to deposit available money under very favorable interest rates. These are based on the actual prices of the interbanking market. This is a non-transferable note, which is issued with the validity between 1 day and 12 months. It is issued in CZK or in several foreign currencies (EUR, USD and GBP). The minimum value of one deal is 20,000,000 CZK or the equivalent in another of the given currencies. Komerční banka issues DST, and at the same time keeps the note. This means that KB can carry out automatic presentation followed by settlement of the note on the due date. The deal is arranged by phone with the dealer of the client's services. The client will receive control of the confirmation of the concluded deal containing the parameters of the transaction including the agreed-upon interest (DST does not include an interest clause).
Transaction with DST may have possible tax impact, for example, but nou only, in VAT.
Promissory Note of Trading benefits:
- A very favorable interest rate directly based on the actual prices of the interbanking market,
- The deal is arranged by phone,
- Automatic presentation and settlement of the note by Komerăní banka free-ofcharge.
Promissory Note of Trading will allow you to:
- Valuate your available money under very favorable interest rate conditions.
