North Channel Bank GmbH & Co. KG

Business Summary

Services
corporate finance
impact finance
renewable energy financing
US Life Settlements
securities trading
asset management
retail banking
Clients
natural persons
business entities
Products
Area Served
DEGermany

North Channel Bank GmbH & Co. KG provides products and services in the areas of corporate finance, impact finance, renewable energy financing, US Life Settlements, securities trading, asset management, retail banking. The range of products offered by North Channel Bank GmbH & Co. KG includes time deposit accounts (0.20 - 0.70 %). North Channel Bank GmbH & Co. KG makes its solutions available to natural persons, business entities.

Products

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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).

North Channel Bank GmbH & Co. KG offers the following time deposit accounts.

Updated on 18 September 2020

Festgeld
Sales Region
DEGermany
Investment Amount
5,000 - 100,000 EUR
Interest Rate (p.a.)
0.20 - 0.70 %
Deposit Term
12 - 72 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.20 %
Max. Interest Rate (p.a.)
0.70 %
Min. Deposit Term
12 months
Max. Deposit Term
72 months
Min. Investment Amount
5,000 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 North Channel Bank GmbH & Co. KG 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 North Channel Bank GmbH & Co. KG from the time deposit account.

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