Coop Pank AS

Business Summary

Services
retail banking
corporate banking
Clients
natural persons
SMEs
companies
Products
current accounts
time deposit accounts (0.65 - 1.05 %)
payment cards
car loans
consumer loans
business loans
leasing
trade finance
savings accounts (0.31 - 0.31 %)
Area Served
EEEstonia
DEGermany

Coop Pank AS provides products and services in the areas of retail banking, corporate banking. The range of products offered by Coop Pank AS includes current accounts, time deposit accounts (0.65 - 1.05 %), payment cards, car loans, consumer loans, business loans, leasing, trade finance, savings accounts (0.31 - 0.31 %). Coop Pank AS makes its solutions available to natural persons, SMEs, companies.

Account Opening

Account Opening Procedure
submit online application
visit bank branch

Opening an account with Coop Pank AS can be done by performing the following steps: submit online application, visit bank branch.

Identity Verification
branch visit

Coop Pank AS performs identity verification using branch visit.

Ways to Bank

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

Products and services offered by Coop Pank AS are available at its branches and via its online banking system, mobile application.

Mobile Application: Coop Pank

Coop Pank
Coop Pank
Coop Pank
Coop Pank
Coop Pank 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.

Coop Pank AS offers the following savings accounts.

Updated on 6 August 2020

Tagesgeld
Sales Region
DEGermany
Investment Amount
10,000 - 100,000 EUR
Interest Rate (p.a.)
0.31 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.31 %
Max. Interest Rate (p.a.)
0.31 %
Min. Deposit Term
1 month
Max. Deposit Term
99 months
Min. Investment Amount
10,000 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. Savings accounts made with Coop Pank AS are covered by deposit guarantee scheme of Estonia up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Estonia is not taxed. Interest gained on savings accounts by residents of Estonia is taxed at 20.00% rate. When the interest is paid, this tax is automatically withhold by Coop Pank AS 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).

Coop Pank AS offers the following time deposit accounts.

Updated on 6 August 2020

Flexgeld
Sales Region
DEGermany
Investment Amount
10,000 - 100,000 EUR
Interest Rate (p.a.)
0.65 - 1.05 %
Deposit Term
6 - 36 months
Time Deposit Account Details
Product Name
Flexgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.65 %
Max. Interest Rate (p.a.)
1.05 %
Min. Deposit Term
6 months
Max. Deposit Term
36 months
Min. Investment Amount
10,000 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 Coop Pank AS are covered by deposit guarantee scheme of Estonia up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Estonia is not taxed. Interest gained on time deposit accounts by residents of Estonia is taxed at 20.00% rate. When the interest is paid, this tax is automatically withhold by Coop Pank AS from the time deposit account.

See Also

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