TF Bank AB

Business Summary

Services
retail banking
corporate banking
Clients
individuals
companies
Products
Area Served
SESweden
DEGermany

TF Bank AB provides products and services in the areas of retail banking, corporate banking. The range of products offered by TF Bank AB includes credit cards, savings accounts (0.05 - 0.35 %), time deposit accounts (0.65 - 0.75 %), consumer loans. TF Bank AB makes its solutions available to individuals, companies.

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.

TF Bank AB offers the following savings accounts.

Updated on 4 July 2020

TF Bank Tagesgeld
Sales Region
DEGermany
Investment Amount
1 - 100,000 EUR
Interest Rate (p.a.)
0.35 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
TF Bank Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.35 %
Max. Interest Rate (p.a.)
0.35 %
Min. Deposit Term
1 month
Max. Deposit Term
99 months
Min. Investment Amount
1 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
12 times a year
Tagesgeld Weltsparen
Sales Region
DEGermany
Investment Amount
2,000 - 85,000 EUR
Interest Rate (p.a.)
0.05 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
Tagesgeld Weltsparen
Account Currency
EUR
Min. Interest Rate (p.a.)
0.05 %
Max. Interest Rate (p.a.)
0.05 %
Min. Deposit Term
1 month
Max. Deposit Term
99 months
Min. Investment Amount
2,000 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.
Deposit Guarantee. Savings accounts made with TF Bank AB 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 TF Bank AB 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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).

TF Bank AB offers the following time deposit accounts.

Updated on 4 July 2020

Festgeld Weltsparen
Sales Region
DEGermany
Investment Amount
2,000 - 85,000 EUR
Interest Rate (p.a.)
0.65 - 0.75 %
Deposit Term
12 - 24 months
Time Deposit Account Details
Product Name
Festgeld Weltsparen
Account Currency
EUR
Min. Interest Rate (p.a.)
0.65 %
Max. Interest Rate (p.a.)
0.75 %
Min. Deposit Term
12 months
Max. Deposit Term
24 months
Min. Investment Amount
2,000 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.
Deposit Guarantee. Time deposit accounts made with TF Bank AB 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 TF Bank AB from the time deposit account.

See Also

Credit Cards

Credit cards provide a convenient option to borrow funds for short-term financing, for examples purchasing of goods and services. Credit cards differ by credit card provider (Visa, American Express, MasterCard), credit card type (silver, gold, platinum), charged interest and annual costs. The following credit cards are offered by TF Bank AB.

Updated on 4 July 2020

TF MasterCard Gold
Sales Region
DEGermany
Card Currency
SEK
Card Provider
MasterCard
Card Type
Gold
Annual Costs
0.00 SEK
Credit Card Details
Product Name
TF MasterCard Gold
Card Provider
MasterCard
Card Type
Gold
Annual Costs
0.00 SEK
Card Currency
SEK
Transaction Cost (EUR)
0.00 %
Transaction Cost (non-EUR)
0.00 %
Current Account Necessary
Bonus Program

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

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