Banco Atlântico Europa, S.A.

Business Summary

Services
retail banking
private banking
corporate banking
Products
current accounts
debit cards
credit cards
prepaid cards
savings accounts
time deposit accounts (0.10 - 1.64 %)
investment funds
consumer loans
mortgage loans (8.37 - 8.37 %)
business loans
trade finance
Area Served
PTPortugal
internationally
ESSpain
ATAustria
DEGermany
Account Currencies
EUEUR
USUSD
GBGBP
CHCHF
Card Providers
MasterCardMasterCard

Banco Atlântico Europa, S.A. provides products and services in the areas of retail banking, private banking, corporate banking. The range of products offered by Banco Atlântico Europa, S.A. includes current accounts, debit cards, credit cards, prepaid cards, savings accounts, time deposit accounts (0.10 - 1.64 %), investment funds, consumer loans, mortgage loans (8.37 - 8.37 %), business loans, trade finance.

Account Opening

Account Opening Procedure
submit online application
performed within 20 minutes

Opening an account with Banco Atlântico Europa, S.A. can be done by performing the following steps: submit online application. It usually requires about 20 minutes.

Required Documents
passport
proof of address
employment details
application form

Banco Atlântico Europa, S.A. requires the following documents to open a personal bank account: passport; proof of address; employment details; application form.

While opening a bank account Banco Atlântico Europa, S.A. has to perform KYC procedure and comply with AML requirements. KYC procedure usually includes obtaining the information about customer identity, residential address, current occupation and source of income. KYC checks performed by Banco Atlântico Europa, S.A. and the documents used are outlined below.

Identity Verification
passport
any one of the documents above
Address Confirmation
proof of address
any one of the documents above
Current Occupation
employment details
any one of the documents above
Income Source
Forms
application form
all the forms from above

Banco Atlântico Europa, S.A. may require additional documentation or information depending on the case.

Identity Verification
video call

Banco Atlântico Europa, S.A. performs identity verification using video call.

Ways to Bank

Business Channels
branch branch
online banking online banking
mobile app mobile app

Products and services offered by Banco Atlântico Europa, S.A. are available at its branches and via its online banking system, mobile application.

Mobile Application: MY ATLANTICO

 4.8, 5 Ratings

MY ATLANTICO
MY ATLANTICO
MY ATLANTICO
MY ATLANTICO
MY ATLANTICO Supported Languages
GBEnglish
PTPortuguese

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 Atlântico Europa, S.A. offers the following time deposit accounts.

Updated on 27 May 2020

Atlantico Europa
Sales Region
ESSpain
Investment Amount
2,000 - 100,000 EUR
Interest Rate (p.a.)
0.10 - 1.64 %
Deposit Term
6 - 60 months
Time Deposit Account Details
Product Name
Atlantico Europa
Account Currency
EUR
Min. Interest Rate (p.a.)
0.10 %
Max. Interest Rate (p.a.)
1.64 %
Min. Deposit Term
6 months
Max. Deposit Term
60 months
Min. Investment Amount
2,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
12 times a year
Festgeld
Sales Region
ATAustria
Investment Amount
5,000 - 100,000 EUR
Interest Rate (p.a.)
0.10 - 1.05 %
Deposit Term
6 - 60 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.10 %
Max. Interest Rate (p.a.)
1.05 %
Min. Deposit Term
6 months
Max. Deposit Term
60 months
Min. Investment Amount
5,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
DEGermany
Investment Amount
2,000 - 100,000 EUR
Interest Rate (p.a.)
0.10 - 1.05 %
Deposit Term
6 - 60 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.10 %
Max. Interest Rate (p.a.)
1.05 %
Min. Deposit Term
6 months
Max. Deposit Term
60 months
Min. Investment Amount
2,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year

ESSpain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.
ATAustria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.
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 Atlântico Europa, S.A. 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 Banco Atlântico Europa, S.A. from the time deposit account.

See Also

Mortgage Loans

Mortgage loans are secured loans used for real estate financing purposes (for example, purchase of a new or existing property, construction of an own property, property renovation) without paying the entire value up front. A mortgage loan is secured by the collateral of specified real estate property and is repaid in installments. Mortgage loans offered by Banco Atlântico Europa, S.A. are shown in the table below.

Updated on 27 May 2020

Sales Region
PTPortugal
Loan Term
1 - 30 years
Min. Variable Rate (p.a.)
6-month EURIBOR + 1.50 %
Max. LTV
70.00 %
Mortgage Loan Details
Currency
EUR
Min. Mortgage Amount
50,000 EUR
Max. Mortgage Amount
2,500,000 EUR
Min. Variable Rate (p.a.)
6-month EURIBOR + 1.50 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Min. Mortgage Term
1 year
Max. Mortgage Term
30 years
Max. Borrower's Age
65 years
Max. LTV
70.00 %
Mortgage Loan Features

house purchase

PTPortugal: This product is offered to Portuguese residents only. When clicking on the product link you will be redirected to the product page in Portuguese.

See Also

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