GEFA BANK GmbH

Business Summary

Services
retail banking
leasing
insurance
Products
Area Served
DEGermany

GEFA BANK GmbH provides products and services in the areas of retail banking, leasing, insurance. The range of products offered by GEFA BANK GmbH includes current accounts, savings accounts (0.00 - 0.02 %), time deposit accounts (0.00 - 0.65 %), loans, hire purchase.

Account Opening

Account Opening Procedure
submit online application

Opening an account with GEFA BANK GmbH can be done by performing the following steps: submit online application.

Ways to Bank

Business Channels
branch branch
online banking online banking
mobile app mobile app

Products and services offered by GEFA BANK GmbH are available at its branches and via its online banking system, mobile application.

Mobile Application: GEFA QuickApp

GEFA QuickApp
GEFA QuickApp
GEFA QuickApp
GEFA QuickApp Supported Languages
GBEnglish

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.

GEFA BANK GmbH offers the following savings accounts.

Updated on 14 July 2020

GEFA TagesGeld
Sales Region
DEGermany
Investment Amount
10,000 - 500,000 EUR
Interest Rate (p.a.)
0.02 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
GEFA TagesGeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.02 %
Max. Interest Rate (p.a.)
0.02 %
Min. Deposit Term
1 month
Max. Deposit Term
99 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
500,000 EUR
Interest Frequency
1 times a year
GEFA TagesGeld Business
Sales Region
DEGermany
Investment Amount
1 - 9,999,999 EUR
Interest Rate (p.a.)
0.00 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
GEFA TagesGeld Business
Account Currency
EUR
Min. Interest Rate (p.a.)
0.00 %
Max. Interest Rate (p.a.)
0.00 %
Min. Deposit Term
1 month
Max. Deposit Term
99 months
Min. Investment Amount
1 EUR
Max. Investment Amount
9,999,999 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 GEFA BANK GmbH are covered by deposit guarantee scheme of Germany up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Germany is not taxed. Interest gained on savings accounts by residents of Germany is taxed at 26.00% rate. When the interest is paid, this tax is automatically withhold by GEFA BANK GmbH 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).

GEFA BANK GmbH offers the following time deposit accounts.

Updated on 14 July 2020

GEFA FestGeld
Sales Region
DEGermany
Investment Amount
10,000 - 10,000,000 EUR
Interest Rate (p.a.)
0.10 - 0.50 %
Deposit Term
6 - 48 months
Time Deposit Account Details
Product Name
GEFA FestGeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.10 %
Max. Interest Rate (p.a.)
0.50 %
Min. Deposit Term
6 months
Max. Deposit Term
48 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
10,000,000 EUR
Interest Frequency
1 times a year
GEFA FestGeld Geschäftskunden Weltsparen
Sales Region
DEGermany
Investment Amount
10,000 - 1,000,000 EUR
Interest Rate (p.a.)
0.00 - 0.20 %
Deposit Term
9 - 24 months
Time Deposit Account Details
Product Name
GEFA FestGeld Geschäftskunden Weltsparen
Account Currency
EUR
Min. Interest Rate (p.a.)
0.00 %
Max. Interest Rate (p.a.)
0.20 %
Min. Deposit Term
9 months
Max. Deposit Term
24 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
1,000,000 EUR
Interest Frequency
1 times a year
GEFA ZinsWachstum
Sales Region
DEGermany
Investment Amount
10,000 - 500,000 EUR
Interest Rate (p.a.)
0.32 - 0.65 %
Deposit Term
36 - 72 months
Time Deposit Account Details
Product Name
GEFA ZinsWachstum
Account Currency
EUR
Min. Interest Rate (p.a.)
0.32 %
Max. Interest Rate (p.a.)
0.65 %
Min. Deposit Term
36 months
Max. Deposit Term
72 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
500,000 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 GEFA BANK GmbH 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 GEFA BANK GmbH from the time deposit account.

See Also