Alior Bank

Best offers of Alior Bank from Poland

0.10
%
AER
1 year | EUR
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  • Funds can be terminated early

All Term Deposit offers from Alior Bank

Interest rate Term Currency
0.10 % AER
 6 months EUR
0.10 % AER
 1 year EUR
0.20 % AER
 2 years EUR
0.20 % AER
 3 years EUR

About Alior Bank

Alior Bank is a Polish retail bank with headquarters in Warsaw. Since its foundation in 2008, the number of customers has risen to over 3 million. With 6,500 employees and an extensive retail network consisting of 216 branches, 219 modern mini branch locations (Alior Bank Express), as well as 414 partner branches, Alior Bank is considered one of the most innovative and fastest growing financial institutions in Poland. Numerous awards serve as testament to Alior’s success, including ‘Best European Retail Bank 2014’, selected by the jury at ‘Retail Banker International Awards’. Other such examples include ‘Best Bank in Poland 2014’, awarded by Global Finance, and the ‘BAI-Finacle Global Banking Innovation Award 2013’.

In December 2012, Alior Bank made history with the largest IPO of a private company ever made on the Warsaw Stock Exchange. Since March 2014, the bank has been listed on the WIG20 Index, which lists the twenty largest Polish companies on the Warsaw Stock Exchange in terms of market capitalization.

Offer details

Effective rate
0.10 % AER
Nominal rate
0.10 % AER
Term
1 year
Availability
Early termination possible anytime
Interest in case of early termination
0.00 % AER
Interest payout
At maturity
Interest taxation
At maturity
Currency
EUR
Min/Max investment amount
10,000 – 100,000  EUR
Prolongation
not possible
Withholding tax
The standard withholding tax rate on interest in Poland is 19%. This can be lowered to 10% by providing the bank with a certificate of tax residence.
Additional documents
Opening of the deposit requires you to send the opening application form to Berlin either in original or a scan to service@raisin.ie.
Customers who have previously opened a savings account with Alior Bank will not be required to provide further documentation. The process can be completed entirely online.
Product information sheet

Security and deposit guarantee

The Republic of Poland is located in central Europe and has been a member of the European Union since 2004. The national currency is Zloty (PLN). Poland consistently ranks in the top tier of countries in terms of Gross Domestic Products and purchasing power in the European Union, as well as of the Human Development Index. National debt is amongst the lowest in the European Union and is, as an example, considerably lower than German national debt. Two of three of the main credit rating agencies set Poland’s credit rating at ‘A’. Ongoing privatization, foreign investment, and major reforms have all fundamentally reshaped the Polish capital market and have helped to create a modern banking system.

Deposits with Alior Bank are fully protected for amounts up to the equivalent of EUR 100,000 in Polish Zloty by the Deposit Guarantee Scheme of Poland (Bankowy Fundusz Gwarancyjny), backed by the Polish state. This protection covers the deposits of all individuals, not just those of Polish citizens. Polish national debt, currently at 51% of GDP (as of 2015), is significantly lower than of other central European states, including Germany with a national debt of 71% of GDP (as of 2015). Further information about the Deposit Guarantee Scheme in Poland can be found at https://www.bfg.pl/en.

All Member States of the European Union have agreed on the need to better protect savers. Throughout Europe, the minimum requirements for national Deposit Guarantee Schemes were harmonized a number of years ago (EU Directives 94/19/EC, 2009/14/EC, and 2014/49/EU). These Directives provide a standardized, high level of protection of deposits across the EU regulating, among other things, repayment modalities and repayment deadlines.

Tax process and documents

The standard withholding tax rate on interest in Poland is 19%. This can be lowered to 10% by providing the bank with a certificate of tax residence.

Opening of the deposit requires you to send the opening application form to Berlin either in original or a scan to service@raisin.ie.
Customers who have previously opened a savings account with Alior Bank will not be required to provide further documentation. The process can be completed entirely online.

Alior Bank SA with its seat at ul. Łopuszańska 38d, 02-232 Warsaw, Poland is registered with the National Court Register under no. (KRS): 0000305178. Alior Bank SA is authorized and regulated by Polish Financial Supervision Authority.
Your eligible deposits with Alior Bank SA are protected up to a total of EUR 100,000 by the Polish deposit protection scheme (https://www.bfg.pl/en). Any deposits you hold above the EUR 100,000 limit are not covered. This communication has been authorized by Alior Bank SA.

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© 2023 Raisin Bank AG, Frankfurt a.M.
Secured by Sectigo

All interest rates displayed are Annual Equivalent Rates (AER), unless otherwise explicitly indicated. The AER illustrates what the interest rate would be if interest was paid and compounded once a year. This allows individuals to compare more easily what return they can expect from their savings over time. Raisin Bank, trading as Raisin.ie, is authorised/licensed or registered by BaFin  (Bundesanstalt für Finanzdienstleistungsaufsicht) in Germany and is regulated by the Central Bank of Ireland for conduct of business rules.