TERMS AND CONDITIONS OF INVESTMENT DEPOSIT AGREEMENT
Valid from 22.05.2010
1. GENERAL PROVISIONS
1.1 The investment deposit is a fixed term deposit opened in
AS SEB Pank (hereinafter the Bank) within the framework of
the offer announced by the Bank. The interest to be paid on the
investment deposit depends on the change in the value of the
financial instruments established for the offer in the Offer
Conditions.
1.2 With the investment deposit agreement concluded within
the framework of the corresponding offer (hereinafter the
Agreement), a natural or a legal person (hereinafter the
Depositor) deposits a certain amount of money as an
investment deposit with the Bank (hereinafter the Deposit
Amount), whereas the Bank shall be obliged, under the terms
and conditions set forth in the Agreement and the relevant
Offer Conditions, to calculate and pay interest on the Deposit
Amount, and return the Deposit Amount to the Depositor on the
established deposit maturity date.
1.3 To conclude the Agreement, the Depositor must have
opened a current account at the Bank.
2. OFFER CONDITIONS
2.1 The Bank shall establish the terms and conditions of offer
prior to each offer, which determine the preconditions of
opening an investment deposit within the framework of the
offer as well as the terms and conditions for concluding the
Agreement (hereinafter the Offer Conditions).
2.2 With the Offer Conditions, the Bank establishes, inter alia,
the minimum Deposit Amount, the minimum volume of the
offer, the Agreement conclusion period (hereinafter the
Subscription Period), the Deposit Period – i.e. the investment
deposit settlement date and maturity date, the guaranteed
interest rate and the basis for calculation and paying the
additional interest.
2.3 The exact amount of the approximate rates and values
indicated in the Offer Conditions as range shall be specified by
the Bank upon confirmation of the offer.
2.4 Any rights and obligations related to the Offer Conditions
shall only arise upon confirmation of the corresponding offer by
the Bank.
3. CONCLUSION OF THE AGREEMENT
3.1 The Bank shall conclude Agreements for opening
investment deposits within the framework of the corresponding
offer during the Subscription Period set forth in the Offer
Conditions.
3.2 By signing the Agreement, the Depositor shall accept the
Offer Conditions established for the corresponding offer. The
Offer Conditions shall form an integral part to the Agreement.
In issues not regulated by the Agreement, the Bank and the
Depositor shall be governed by the General Terms and
Conditions of the Bank and the Terms and Conditions of the
Current Account Agreement.
3.3 Upon conclusion of the Agreement, the Bank shall reserve
in the Depositor’s current account specified in the Agreement
(hereinafter the Current Account) the Deposit Amount and the
amount of other payments stipulated in the Offer Conditions.
The Depositor shall ensure availability of sufficient funds in the
Current Account for debiting the Deposit Amount and other
AS SEB Pank
Tornimäe 2
TALLINN 15010
Estonia
tel 372 66 55 100
e-mail info@seb.ee
206 003
payments stipulated in the Offer Conditions at the end of the
Subscription Period. The Agreement shall be deemed
terminated, if the funds in the Current Account are insufficient
on the established date.
3.4 At the end of the Subscription Period, the Bank shall
analyse the results of the given offer, and decide, by the
investment deposit commencement date at the latest, on
whether to confirm or cancel the offer.
3.5 The Bank shall have the right to cancel the offer and the
Offer Conditions and withdraw, without giving an advance
notice, from the Agreements concluded within the framework of
the offer, if:
3.5.1 at the end of the Subscription Period, the aggregated
volume of Deposit Amounts deposited on the basis of the
concluded Agreements is smaller than the minimum volume
established for the offer;
3.5.2 during the Subscription Period, extraordinary events or
circumstances occur or become known, which, according to
the Bank’s professional judgement, render the established
Offer Conditions materially unreasonable in the given market
situation;
3.5.3 other basis for cancellation, specified in the
corresponding Offer Conditions occur.
3.6 In case of cancellation of the offer, the Bank shall
immediately release the amounts from reservation made in the
Current Account for the investment deposit within the
framework of the offer. With cancellation of the reservation, the
Agreement shall be deemed terminated.
4. PROCEDURE FOR INVESTMENT DEPOSITS
4.1 Upon confirmation of the offer, the Bank shall open the
investment deposit account to the Depositor and transfer, on
the investment deposit settlement date specified in the Offer
Conditions, the Deposit Amount reserved in the Current
Account to the investment deposit account.
4.2 It is not possible to make additional payments to the
Deposit during the Deposit Period.
4.3 On the investment deposit maturity date, the Bank shall
return the investment deposit by transferring the Deposit
Amount and the interest calculated thereon but not paid out by
the maturity date on the same to the Current Account, if the
calculated interest is more than zero percent.
5. INTEREST
5.1 The Bank shall calculate and pay interest to the Depositor
on the Deposit Amount according to the Offer Conditions.
5.2 The Bank shall pay the interest to the Current Account
upon the arrival of the maturity date of the deposit, unless
otherwise specified in the Offer Conditions.
5.2.1 If the law stipulates that interest must be paid out more
frequently than set out in clause 5.2. but interest cannot be
calculated and paid out in such a manner on the basis of the
Offer Conditions, the Bank shall make interest payments
according to the period stipulated by law on the day that
corresponds to the date the Agreement entered into force and
the last interest payment on the expiry date of the deposit. The
Bank shall establish the rate of such interest at its own
discretion.
Supervisory agency: Financial Supervision Authority
Sakala 4
TALLINN 15030
Estonia
tel 372 66 80 500
e-mail info@fi.ee
5.2.1.1 in respect of agreements entered into before 22 May
2010 whose deposit period exceeds one year, the Bank shall
pay the interest specified in clause 5.2.1 as follows:
a) the Bank shall make the first interest payment on 22 May
2011 and interest shall thereafter be paid out during the
Deposit Period on the day that corresponds to the date the
Agreement entered into force and upon the arrival of the expiry
date of the deposit;
b) the Bank shall pay out the interest on agreements entered
into before 22 May 2010 and pursuant to which the deposit
expires before 22 May 2011 upon the arrival of the expiry date
of the deposit.
5.3 If the terms and conditions set forth in clause 5.2.1 are
applied, the Bank shall pay the interest calculated but not paid
out on the deposit whose Deposit Period exceeds one year to
the Depositor’s Current Account.
5.4 The Depositor shall obtain information about the Deposit
Amount and the interest paid out upon demand from the
Bank’s branches or regularly through the Internet Bank.
Depositors who have not entered into Internet Bank
agreements have the right to receive a statement of all
transactions associated with the deposit during the calendar
year that shall be issued to them free of charge at any branch
of the Bank once every calendar year.

6. SERVICE CHARGES

6.1 In the case specified in Clause 7.4 of the Agreement, the

Depositor shall pay to the Bank a fee for early termination of
the investment deposit after the end of the Subscription Period
(hereinafter the Exit Fee) in accordance with the Offer
Conditions.
6.2 The Bank has the right to debit the Exit Fee from the
Depositor’s Current Account after returning the Deposit
Amount.

7. TERM AND TERMINATION OF THE AGREEMENT

7.1 The Agreement shall enter into force on the moment it is

signed.
7.2 The Agreement shall be terminated upon the return of the
Deposit Amount and the payment of the calculated interest at
the end of the corresponding Deposit Period.
7.3 The Bank shall have the right to terminate the Agreement
in the following cases:
7.3.1 in case the Bank passes a decision to cancel the offer;
7.3.2 in case the funds in the Depositor’s Current Account are
insufficient for debiting the Deposit Amount and other
payments stipulated in the Offer Conditions at the end of the
Subscription Period.
7.4 The Depositor shall have the right to early termination of
the investment deposit, and cancel the Agreement by giving
the Bank a corresponding order at least 8 (eight) banking days
prior to the desired termination date.
7.5 The Depositor has the right to cancel the Agreement at any
time during the Subscription Period by informing the Bank of
the respective request on the last day of the Subscription
Period at the latest.