Haitong Bank, SA provides products and services in the areas of corporate banking, investment banking, asset management, retail banking. The range of products offered by Haitong Bank, SA includes time deposit accounts (1.00 - 1.35 %). Haitong Bank, SA makes its solutions available to private individuals, companies.
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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).
Haitong Bank, SA offers the following time deposit accounts.
Updated on 16 February 2020
Spain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.
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 Haitong Bank, SA are covered by deposit guarantee scheme of Portugal up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Portugal is not taxed. Interest gained on time deposit accounts by residents of Portugal is taxed at 25.00% rate. When the interest is paid, this tax is automatically withhold by Haitong Bank, SA from the time deposit account.