Avida Finans AB (Publ)

Business Summary

The range of products offered by Avida Finans AB (Publ) includes savings accounts (0.25 - 0.25 %), time deposit accounts (0.30 - 0.60 %).

Products

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.

Avida Finans AB (Publ) offers the following savings accounts.

Updated on 8 July 2020

Tagesgeld
Sales Region
DEGermany
Investment Amount
1 - 85,000 EUR
Interest Rate (p.a.)
0.25 %
Deposit Term
0 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.25 %
Max. Interest Rate (p.a.)
0.25 %
Min. Deposit Term
0 months
Max. Deposit Term
0 months
Min. Investment Amount
1 EUR
Max. Investment Amount
85,000 EUR
Interest Frequency
4 times a year
Tagesgeld
Sales Region
ATAustria
Investment Amount
1 - 85,000 EUR
Interest Rate (p.a.)
0.25 %
Deposit Term
0 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.25 %
Max. Interest Rate (p.a.)
0.25 %
Min. Deposit Term
0 months
Max. Deposit Term
0 months
Min. Investment Amount
1 EUR
Max. Investment Amount
85,000 EUR
Interest Frequency
4 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.
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.
Deposit Guarantee. Savings accounts made with Avida Finans AB (Publ) are covered by deposit guarantee scheme of Sweden up to 950,000 SEK per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Sweden is not taxed. Interest gained on savings accounts by residents of Sweden is taxed at 30.00% rate. When the interest is paid, this tax is automatically withhold by Avida Finans AB (Publ) from the savings account.

See Also

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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Avida Finans AB (Publ) offers the following time deposit accounts.

Updated on 8 July 2020

Festgeld
Sales Region
DEGermany
Investment Amount
1 - 85,000 EUR
Interest Rate (p.a.)
0.30 - 0.60 %
Deposit Term
3 - 12 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.30 %
Max. Interest Rate (p.a.)
0.60 %
Min. Deposit Term
3 months
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
85,000 EUR
Interest Frequency
4 times a year
Festgeld
Sales Region
ATAustria
Investment Amount
1 - 85,000 EUR
Interest Rate (p.a.)
0.30 - 0.60 %
Deposit Term
3 - 12 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.30 %
Max. Interest Rate (p.a.)
0.60 %
Min. Deposit Term
3 months
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
85,000 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.
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.
Deposit Guarantee. Time deposit accounts made with Avida Finans AB (Publ) are covered by deposit guarantee scheme of Sweden up to 950,000 SEK per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Sweden is not taxed. Interest gained on time deposit accounts by residents of Sweden is taxed at 30.00% rate. When the interest is paid, this tax is automatically withhold by Avida Finans AB (Publ) from the time deposit account.

See Also

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