MONOBANK ASA provides services in the area of retail banking. The range of products offered by MONOBANK ASA includes current accounts, savings accounts (0.35 - 0.35 %), time deposit accounts, debit cards, credit cards, consumer loans. MONOBANK ASA makes its solutions available to natural persons.
Opening an account with MONOBANK ASA can be done by performing the following steps: completely online. It usually requires about a few minutes.
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.
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 25 May 2020
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.