Qliro AB

Business Summary

Services
retail banking
payment processing
Products
Clients
natural persons
companies
Area Served
SESweden
DEGermany

Qliro AB provides products and services in the areas of retail banking, payment processing. Qliro AB offers a range of products including savings accounts (0.25 - 0.25 %), time deposit accounts (0.40 - 0.45 %), consumer loans. Qliro AB makes its solutions available to natural persons, companies.

Account Opening

Account Opening Procedure
completely online
performed within a few minutes

Opening an account with Qliro AB can be done by performing the following steps: completely online. It usually requires about a few minutes.

Required Documents
passport
proof of address
application form

Qliro AB requires the following documents to open a personal bank account: passport; proof of address; application form.

While opening a bank account Qliro AB 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 Qliro AB 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
Income Source
Forms
application form
all the forms from above

Qliro AB may require additional documentation or information depending on the case.

Ways to Bank

Business Channels
online banking online banking
mobile app mobile app

Qliro AB operates as a direct bank without a branch network. Products and services offered by Qliro AB 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.

Qliro AB offers the following savings accounts.

Updated on 22 October 2020

Flexgeld24
Sales Region
DEGermany
Investment Amount
1 - 80,000 EUR
Interest Rate (p.a.)
0.25 %
Deposit Term
0 months
Savings Account Details
Product Name
Flexgeld24
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
80,000 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 Qliro 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 Qliro 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).

Qliro AB offers the following time deposit accounts.

Updated on 22 October 2020

Festgeld
Sales Region
DEGermany
Investment Amount
1 - 80,000 EUR
Interest Rate (p.a.)
0.40 - 0.45 %
Deposit Term
6 - 12 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.40 %
Max. Interest Rate (p.a.)
0.45 %
Min. Deposit Term
6 months
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
80,000 EUR
Interest Frequency
2 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 Qliro 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 Qliro AB from the time deposit account.

See Also

Similar Banks

Parteo Öhman AB Logo Parteo Öhman AB
private banking and asset management
PayEx Sverige AB Logo PayEx Sverige AB
online payments and trading
Remium Nordic AB Logo Remium Nordic AB
brokerage services
Resurs Bank AB Logo Resurs Bank AB
retail banking
Saxo Privatbank A/S, Danmark, Sverige Filial Logo Saxo Privatbank A/S, Danmark, Sverige Filial
investment and trading services

See Also

Related Articles