Banco Finantia Spain, S.A.

Business Summary

Services
private banking
corporate and investment banking
portfolio management
securities brokerage
Products
savings accounts
time deposit accounts (0.80 - 1.06 %)
forex deposit accounts
investment funds
Area Served
ESSpain
DEGermany

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.

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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).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 8 August 2020

Festgeld
Sales Region
DEGermany
Investment Amount
10,000 - 100,000 EUR
Interest Rate (p.a.)
0.80 - 1.06 %
Deposit Term
12 - 36 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.80 %
Max. Interest Rate (p.a.)
1.06 %
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

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 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