Banco do Brasil AG

Business Summary

Banco do Brasil AG offers a range of products including savings accounts (0.15 - 0.15 %), time deposit accounts (0.20 - 0.60 %).

Products

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

Banco do Brasil AG offers the following savings accounts.

Updated on 24 October 2020

Tagesgeld/Flexgeld24
Sales Region
DEGermany
Investment Amount
1 - 100,000 EUR
Interest Rate (p.a.)
0.15 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
Tagesgeld/Flexgeld24
Account Currency
EUR
Min. Interest Rate (p.a.)
0.15 %
Max. Interest Rate (p.a.)
0.15 %
Min. Deposit Term
1 month
Max. Deposit Term
99 months
Min. Investment Amount
1 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
12 times a year

DEGermany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Savings accounts made with Banco do Brasil AG are covered by deposit guarantee scheme of Austria up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Austria is not taxed. Interest gained on savings accounts by residents of Austria is taxed at 25.00% rate. When the interest is paid, this tax is automatically withhold by Banco do Brasil AG from the savings account.

See Also

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Banco do Brasil AG offers the following time deposit accounts.

Updated on 24 October 2020

Festgeld
Sales Region
DEGermany
Investment Amount
1 - 100,000 EUR
Interest Rate (p.a.)
0.20 - 0.60 %
Deposit Term
6 - 24 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.20 %
Max. Interest Rate (p.a.)
0.60 %
Min. Deposit Term
6 months
Max. Deposit Term
24 months
Min. Investment Amount
1 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year

DEGermany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Time deposit accounts made with Banco do Brasil AG are covered by deposit guarantee scheme of Austria up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Austria is not taxed. Interest gained on time deposit accounts by residents of Austria is taxed at 25.00% rate. When the interest is paid, this tax is automatically withhold by Banco do Brasil AG from the time deposit account.

See Also