Open Bank, S.A.

Business Summary

Business Focus
providing retail banking products and services via direct banking
Services
retail banking
Clients
natural persons
Products
current accounts
salary accounts
debit cards
credit cards
prepaid cards
virtual cards
savings accounts (0.50 - 0.50 %)
time deposit accounts
investment funds
consumer loans
mortgage loans
insurance
Area Served
ESSpain
DEGermany
NLNetherlands
PTPortugal
Account Currencies
EUEUR
Card Providers
VisaVisa
MasterCardMasterCard

Open Bank, S.A. is focused on providing retail banking products and services via direct banking. Open Bank, S.A. provides services in the area of retail banking. The range of products offered by Open Bank, S.A. includes current accounts, salary accounts, debit cards, credit cards, prepaid cards, virtual cards, savings accounts (0.50 - 0.50 %), time deposit accounts, investment funds, consumer loans, mortgage loans, insurance. Open Bank, S.A. makes its solutions available to natural persons.

Account Opening

Account Opening Procedure
completely online
performed within a few minutes

Opening an account with Open Bank, S.A. can be done by performing the following steps: completely online. It usually requires about a few minutes.

Identity Verification
video call
bank account

Open Bank, S.A. performs identity verification with one of the following methods: video call, bank account.

Ways to Bank

Business Channels
online banking online banking
mobile app mobile app

Open Bank, S.A. operates as a direct bank without a branch network. Products and services offered by Open Bank, S.A. are available via online banking, mobile application.

Mobile Application: Openbank – banca móvil

 3.9, 14 Ratings

Openbank – banca móvil
Openbank – banca móvil
Openbank – banca móvil
Openbank – banca móvil
Openbank – banca móvil Supported Languages
NLDutch
GBEnglish
DEGerman
PTPortuguese
ESSpanish

Products

Current Accounts

Current accounts are non-interest bearing deposit accounts that are used to perform day-to-day banking transactions. Current accounts are often offered with a payment card (a debit card and/or a credit card) and may also include overdraft possibility. Annual costs of having a current account (also known as account management fees) can depend on monthly income input to the account or amount of money deposited into the account.

The following current accounts are offered by Open Bank, S.A..

Updated on 19 September 2020

Girokonto Open
Sales Region
DEGermany
Overdraft Rate (p.a.)
0.00 %
Interest Rate (p.a.)
0.00 %
Annual Costs
0.00 EUR
Current Account Details
Product Name
Girokonto Open
Account Currency
EUR
Annual Costs
0.00 EUR
Interest Rate (p.a.)
0.00 %
Overdraft Rate (p.a.)
0.00 %
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Credit Card
Online Banking
Telephone Banking
Branch Banking
Mobile Banking
Current Account Features

No annual fees

Free debit card available

Account be can accessed via online banking, mobile banking, phone, branch

Available to German residents

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.

See Also

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.

Open Bank, S.A. offers the following savings accounts.

Updated on 19 September 2020

Tagesgeld
Sales Region
DEGermany
Account Currency
EUR
Interest Rate (p.a.)
0.50 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.50 %
Max. Interest Rate (p.a.)
0.50 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
999,999 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 Open Bank, S.A. are covered by deposit guarantee scheme of Spain up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Spain is not taxed. Interest gained on savings accounts by residents of Spain is taxed at 21.00% rate. When the interest is paid, this tax is automatically withhold by Open Bank, S.A. from the savings account.

See Also

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