Deutsche Handelsbank AG provides products and services in the areas of private banking, wealth management, retail banking, asset-backed lending, factoring. The range of products offered by Deutsche Handelsbank AG includes current accounts, time deposit accounts (0.10 - 0.40 %), working capital loans, business loans. Deutsche Handelsbank AG makes its solutions available to private individuals, SMEs, startups.
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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).
Deutsche Handelsbank AG offers the following time deposit accounts.
Updated on 21 January 2020
Germany: 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 Deutsche Handelsbank AG are covered by deposit guarantee scheme of Germany up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Germany is not taxed. Interest gained on time deposit accounts by residents of Germany is taxed at 26.00% rate. When the interest is paid, this tax is automatically withhold by Deutsche Handelsbank AG from the time deposit account.