BRABANK ASA provides services in the area of retail banking. The range of products offered by BRABANK ASA includes current accounts, savings accounts, time deposit accounts (0.50 - 0.50 %), debit cards, credit cards, consumer loans. BRABANK ASA makes its solutions available to natural persons.
Opening an account with BRABANK ASA can be done by performing the following steps: completely online. It usually requires about a few minutes.
BRABANK ASA operates as a direct bank without a branch network. Products and services offered by BRABANK ASA are available via online banking, mobile application.
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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).
BRABANK ASA offers the following time deposit accounts.
Updated on 25 May 2020
Spain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.
Deposit Guarantee. Time deposit accounts made with BRABANK ASA are covered by deposit guarantee scheme of Norway up to 2,000,000 NOK per depositor.
Withholding Tax. Interest income gained on time deposit accounts is not taxed in Norway for both residents and non-residents.