Best offers at Banca Farmafactoring - earn up to 0.59% AER

  • Attractive interest rates on your term deposits
  • Protected up to an equivalent of EUR 100,000 according to EU laws
  • Free of charge

Up to 0.59% AER on your term deposit


  • Attractive offers
    Exclusive and attractive term deposits in Euro
  • Early termination
    Access your funds anytime
  • Free of charge
    No account opening fees, no administration fees, no transfer fees
  • Fair
    No automatic renewal
  • Secure
    Secured up to an equivalent of EUR 100,000 per depositor and bank according to EU laws
  • Always here to help
    Any questions? Please contact our customer service by phone or email

Offer details


Overarching product features

Partner Bank BFF Bank
Country Italy
Currency EUR
Minimum investment amount 20,000 EUR
Maximum investment amount 100,000 EUR
Interest payout At maturity
Prolongation
  • Prolongation is only possible 28 to 5 days before termination
  • 100% online
  • Prolongation Possible
  • Interest payout possible
Deposit guarantee 100 % – Deposit guarantee Italy
Withholding tax The term deposits are offered through the Spanish branch of BFF Bank. Spanish witholding tax is 19%, however this will be reduced to 0% by providing the Spanish tax form "Auto Declaración de Residencia Fiscal de Persona Física y Jurídica" when opening the account. This form is only required once per customer, so ordering any additional deposits and prolongation is 100% online.
Product information sheet

Individual product features

Term Currency Interest rate
3 years EUR 2.00 % AER (nominal)
2 years EUR 2.25 % AER (nominal)
1 year EUR 3.00 % AER (nominal)
6 months EUR 3.25 % AER (nominal)

BFF Banking Group is the largest operator of specialised finance in Italy and a leading player in Europe, specialized in the management and non-recourse factoring of trade receivables due from the Public Administrations, securities services, banking and corporate payments. The Group operates in Italy, Croatia, Czech Republic, France, Greece, Poland, Portugal, Slovakia and Spain. BFF is listed on the Italian Stock Exchange.

Note: BFF Bank is an Italian bank (ie has a banking license in Italy) but offers deposits on Raisin.ie through its Spanish branch in Madrid. This means that your savings at the bank fall under the Italian deposit guarantee (up to EUR 100,000 per customer), but that Spanish tax regulations apply (due to withholding tax).

About Italy

Italy is a republic in the South of Europe and has one of the largest economies in the world. The Human Development Index ranks Italy as a highly developed country. A popular destination for tourists, Italy is the fifth most visited country in the world. It is a founding member of the European Union and the Euro has been its official currency since 2002. Germany is Italy’s most important trade partner both for exports and imports.

Deposit Guarantee at BFF Bank


Secure up to 3.50% with BFF Bank

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