Time Deposit Accounts

Compare Time Deposit Accounts in Belgium

Updated on 18 September 2020

4 offers from 2 banks
Interest Rates: 0.10 - 1.25 % p.a.
Deposit Terms: 3 - 120 months
 CKV Bank
DEGermany
Rating
 (3.5)
Currency
EUR
Interest Rate (p.a.)
0.35 - 1.00 %
Deposit Term
3 - 60 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.35 %
Max. Interest Rate (p.a.)
1.00 %
Min. Deposit Term
3 months
Max. Deposit Term
60 months
Time Deposit Account Provider
 (3.5)

Centrale Kredietverlening (CKV) is an independent Belgian savings bank operating since 1956. Centrale Kredietverlening offers a wide range of traditional savings products. Centrale Kredietverlening also specializes in providing mortgage secured loans, both private and professional purposes.

 Aion Bank
DEGermany
Rating
 (3.2)
Currency
EUR
Interest Rate (p.a.)
0.35 - 0.55 %
Deposit Term
3 - 12 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.35 %
Max. Interest Rate (p.a.)
0.55 %
Min. Deposit Term
3 months
Max. Deposit Term
12 months
Time Deposit Account Provider
 (3.2)

Operating in Belgium since 1947, in October 2019 Banca Monte Paschi Belgio changed its name into AION. AION offers retail and business customers a wide variety of financial products and services. AION is changing for its customers now to give them the best experience and customised offering built with modern technologies.

 CKV Bank
ATAustria
Rating
 (3.5)
Currency
EUR
Interest Rate (p.a.)
0.10 - 0.70 %
Deposit Term
12 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.10 %
Max. Interest Rate (p.a.)
0.70 %
Min. Deposit Term
12 months
Max. Deposit Term
120 months
Time Deposit Account Provider
 (3.5)

Centrale Kredietverlening (CKV) is an independent Belgian savings bank operating since 1956. Centrale Kredietverlening offers a wide range of traditional savings products. Centrale Kredietverlening also specializes in providing mortgage secured loans, both private and professional purposes.

 CKV Bank
DEGermany
Rating
 (3.5)
Currency
EUR
Interest Rate (p.a.)
0.25 - 1.25 %
Deposit Term
12 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.25 %
Max. Interest Rate (p.a.)
1.25 %
Min. Deposit Term
12 months
Max. Deposit Term
120 months
Time Deposit Account Provider
 (3.5)

Centrale Kredietverlening (CKV) is an independent Belgian savings bank operating since 1956. Centrale Kredietverlening offers a wide range of traditional savings products. Centrale Kredietverlening also specializes in providing mortgage secured loans, both private and professional purposes.

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.
ATAustria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.

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).

The table above shows essential details of selected time deposit products offered to retail customers by the banks in Belgium: currency, interest rate per annum and deposit term. The time deposit accounts terms vary from 3 month to 10 years (120 months). The interest rates are within the range 0.10 - 1.25 %. The interest rates provided in the table do not take into account withholding tax levied on interest income in Belgium.

Average Deposit Rates. In March 2020, average annual deposit interest rate in local currency (Euro) of new contracts with fixed term up to 1 year between credit institutions and retail customers (households) was 0.09 %.

Country Deposit Rating. Belgium's Moodys country ceiling (the highest rating that can be assigned) for deposits in local currency is set to Aaa (prime).

Deposit Guarantee. Time deposit accounts made with credit institutions in Belgium are covered by deposit guarantee scheme up to 100,000 EUR per depositor.

Withholding Tax. When the interest is paid, this tax is automatically withhold from the time deposit account by the bank.

Other Banking Products in Belgium

See Also