Banco Finantia Spain, S.A.

Business Summary

Services
retail banking
corporate and investment banking
portfolio management
Products
savings accounts
time deposti accounts
forex deposit accounts
investment funds
time deposit accounts (0.90 - 1.07 %)
Area Served
Spain
Germany

Banco Finantia Spain, S.A. provides products and services in the areas of retail banking, corporate and investment banking, portfolio management. The range of products offered by Banco Finantia Spain, S.A. includes savings accounts, time deposti accounts, forex deposit accounts, investment funds, time deposit accounts (0.90 - 1.07 %).

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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Banco Finantia Spain, S.A. offers the following time deposit accounts.

Updated on 18 January 2020

Festgeld
Sales Region
Germany
Investment Amount
10,000 - 100,000 EUR
Interest Rate (p.a.)
0.90 - 1.07 %
Deposit Term
12 - 36 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.90 %
Max. Interest Rate (p.a.)
1.07 %
Min. Deposit Term
12 months
Max. Deposit Term
36 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year

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 Banco Finantia Spain, S.A. are covered by deposit guarantee scheme of Spain up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Spain is not taxed. Interest gained on time deposit accounts by residents of Spain is taxed at 21.00% rate. When the interest is paid, this tax is automatically withhold by Banco Finantia Spain, S.A. from the time deposit account.

See Also