Compare Time Deposit Accounts in Italy

Updated on 8 December 2019

14 offers from 12 banks
Interest Rates: 0.30 - 2.20 % p.a.
Deposit Terms: 3 - 120 months
 Banca UBAE
Germany
Rating
 (4.7)
Currency
EUR
Interest Rate (p.a.)
0.40 - 0.70 %
Deposit Term
3 - 12 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.40 %
Max. Interest Rate (p.a.)
0.70 %
Min. Deposit Term
3 months
Max. Deposit Term
12 months
Time Deposit Account Provider
 (4.7)

Established in 1972, Banca UBAE is a partner for companies and financial institutions looking to establish or expand business ties between Europe and North and Sub-Saharan Africa, the Middle East, the Indian subcontinent. Bank UBAE provides a range of services in international corporate banking, including corporate finance, trade finance and syndicated loans.

Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.35 - 1.10 %
Deposit Term
3 - 24 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.35 %
Max. Interest Rate (p.a.)
1.10 %
Min. Deposit Term
3 months
Max. Deposit Term
24 months
Time Deposit Account Provider

BANCA POPOLARE DI FONDI - SOCIETA' COOPERATIVA is a cooperative bank providing full range of banking and insurance products to its members. Being a cooperative bank, BANCA POPOLARE DI FONDI - SOCIETA' COOPERATIVA is a local, mutual, not-for-profit organization. Located in Fondi, it serves the local residents (natural and legal persons).

Rating
 (3.3)
Currency
EUR
Interest Rate (p.a.)
0.30 - 0.90 %
Deposit Term
3 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.30 %
Max. Interest Rate (p.a.)
0.90 %
Min. Deposit Term
3 months
Max. Deposit Term
36 months
Time Deposit Account Provider
 (3.3)

Banca Farmafactoring is an Italian bank, established in 1985 by a group of pharmaceutical companies and biomedical equipment manufacturers in order to consolidate complex activities of credit management in the industry into a single point of contact.

Rating
 (4.2)
Currency
EUR
Interest Rate (p.a.)
0.80 - 2.10 %
Deposit Term
6 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.80 %
Max. Interest Rate (p.a.)
2.10 %
Min. Deposit Term
6 months
Max. Deposit Term
120 months
Time Deposit Account Provider
 (4.2)

Illimity Bank (formerly Banca Interprovinciale) is focused on providing specialised opportunities that fulfill the needs of families and small- and medium-sized enterprises (SMEs). Illimity Bank operates mainly in the areas of SME lending, corporate non-performing loans, delivering retail banking products and services to SMEs and families via direct channels and mobile banking. Illimity Bank was established as a result of the merger of of Spaxs and Banca Interprovinciale.

Rating
 (4.3)
Currency
EUR
Interest Rate (p.a.)
0.70 - 1.45 %
Deposit Term
6 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.70 %
Max. Interest Rate (p.a.)
1.45 %
Min. Deposit Term
6 months
Max. Deposit Term
36 months
Time Deposit Account Provider
 (4.3)

Banca Popolare Lecchese was established in 1994. In 2016 Banca Popolare Lecchese was acquired by Oaktree Capital Management LP (United States) and was renamed to Banca Progetto. Banca Progetto is aimed to becoming a new specialized intermediary in the area consumer credit to households and financing of small and medium-sized Italian enterprises.

Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.70 - 2.00 %
Deposit Term
6 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.70 %
Max. Interest Rate (p.a.)
2.00 %
Min. Deposit Term
6 months
Max. Deposit Term
120 months
Time Deposit Account Provider

Banca Popolare di Cividale Società Cooperativa per Azioni is a cooperative bank providing full range of banking and insurance products to its members. Being a cooperative bank, Banca Popolare di Cividale Società Cooperativa per Azioni is a local, mutual, not-for-profit organization. Located in Cividale Del Friuli, it serves the local residents (natural and legal persons).

 Imprebanca
Germany
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.30 - 1.60 %
Deposit Term
6 - 60 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.30 %
Max. Interest Rate (p.a.)
1.60 %
Min. Deposit Term
6 months
Max. Deposit Term
60 months
Time Deposit Account Provider

Imprebanca SpA was founded in 2008 by a group of entrepreneurs as a multi-channel bank providing retail banking products to individuals and SMEs.

Rating
 (3.0)
Currency
EUR
Interest Rate (p.a.)
1.25 - 2.20 %
Deposit Term
12 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
1.25 %
Max. Interest Rate (p.a.)
2.20 %
Min. Deposit Term
12 months
Max. Deposit Term
120 months
Time Deposit Account Provider
 (3.0)

Founded in 2011, Banca Sistema is focused on providing factoring, debt management and collection services. Banca Sistema also offers retail and corporate banking products and services.

 Banca Finint
Germany
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
1.01 - 1.30 %
Deposit Term
12 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
1.01 %
Max. Interest Rate (p.a.)
1.30 %
Min. Deposit Term
12 months
Max. Deposit Term
36 months
Time Deposit Account Provider

Banca Finanziaria Internazionale (Banca Finint) was founded in 2014 as a corporate and investment banking and asset management arm of Finint Group (Italy).

Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.82 - 1.60 %
Deposit Term
12 - 60 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.82 %
Max. Interest Rate (p.a.)
1.60 %
Min. Deposit Term
12 months
Max. Deposit Term
60 months
Time Deposit Account Provider

BANCA POPOLARE DI CORTONA - SOCIETA' COOPERATIVA PER AZIONI is a cooperative bank providing full range of banking and insurance products to its members. Being a cooperative bank, BANCA POPOLARE DI CORTONA - SOCIETA' COOPERATIVA PER AZIONI is a local, mutual, not-for-profit organization. Located in Cortona, it serves the local residents (natural and legal persons).

 GBM Banca
Germany
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.70 - 1.65 %
Deposit Term
12 - 60 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.70 %
Max. Interest Rate (p.a.)
1.65 %
Min. Deposit Term
12 months
Max. Deposit Term
60 months
Time Deposit Account Provider

GBM Banca is an Italian private bank, focused on providing retail banking products and services to natural persons, families, SMEs and companies.

Rating
 (3.0)
Currency
EUR
Interest Rate (p.a.)
0.65 - 1.65 %
Deposit Term
12 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.65 %
Max. Interest Rate (p.a.)
1.65 %
Min. Deposit Term
12 months
Max. Deposit Term
120 months
Time Deposit Account Provider
 (3.0)

Founded in 2011, Banca Sistema is focused on providing factoring, debt management and collection services. Banca Sistema also offers retail and corporate banking products and services.

 ViViBanca
Germany
Rating
 (3.6)
Currency
EUR
Interest Rate (p.a.)
0.50 - 1.71 %
Deposit Term
12 - 60 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.50 %
Max. Interest Rate (p.a.)
1.71 %
Min. Deposit Term
12 months
Max. Deposit Term
60 months
Time Deposit Account Provider
 (3.6)

Vivibanca is focused on providing consumer lending products.

Rating
 (3.0)
Currency
EUR
Interest Rate (p.a.)
1.25 - 2.01 %
Deposit Term
12 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
1.25 %
Max. Interest Rate (p.a.)
2.01 %
Min. Deposit Term
12 months
Max. Deposit Term
120 months
Time Deposit Account Provider
 (3.0)

Founded in 2011, Banca Sistema is focused on providing factoring, debt management and collection services. Banca Sistema also offers retail and corporate banking products and services.

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

Time deposits accounts are interest-bearing deposit acoounts 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 Italy: 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 0.30 - 2.20 %. The interest rates provided in the table do not take into account withholding tax levied on interest income in Italy.

Average Deposit Rates. In February 2019, 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 0.90 %.

Country Deposit Rating. Italy's Moodys country ceiling (the highest rating that can be assigned) for deposits in local currency is set to Aa2 (high grade).

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

Withholding Tax. Interest income gained on time deposit accounts by non-residents of Italy is not taxed. Interest gained on time deposit accounts by residents of Italy is taxed at 20.00% rate. When the interest is paid, this tax is automatically withhold from the time deposit account by the bank.

See Also