MONOBANK ASA

Business Summary

Services
retail banking
Clients
natural persons
Products
current accounts
savings accounts (0.50 - 0.50 %)
time deposit accounts
debit cards
credit cards
consumer loans
Area Served
Norway
Sweden
Finland
Austria
Germany
Spain
France

MONOBANK ASA provides services in the area of retail banking. The range of products offered by MONOBANK ASA includes current accounts, savings accounts (0.50 - 0.50 %), time deposit accounts, debit cards, credit cards, consumer loans. MONOBANK ASA makes its solutions available to natural persons.

Account Opening
completely online
within a few minutes

Opening an account with MONOBANK ASA can be done completely online within a few minutes.

Ways to Bank
online banking
mobile app

MONOBANK ASA operates as a direct bank without a branch network. Products and services offered by MONOBANK ASA are available via online banking, mobile application.

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.

MONOBANK ASA offers the following savings accounts.

Updated on 9 December 2019

Tagesgeld Weltsparen
Sales Region
Germany
Investment Amount
5,000 - 100,000 EUR
Interest Rate (p.a.)
0.50 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
Tagesgeld Weltsparen
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
99 months
Min. Investment Amount
5,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year

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. Savings accounts made with MONOBANK ASA are covered by deposit guarantee scheme of Norway up to 2,000,000 NOK per depositor.
Withholding Tax. Interest income gained on savings accounts is not taxed in Norway for both residents and non-residents.

See Also

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