Banco Finantia Spain, S.A. provides products and services in the areas of private banking, corporate and investment banking, portfolio management, securities brokerage. The range of products offered by Banco Finantia Spain, S.A. includes savings accounts, time deposit accounts (0.80 - 1.06 %), forex deposit accounts, investment funds.
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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).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 8 August 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 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.