Banca Privata Leasing

ItalyItaly(BBB)

Deposit amount:Start saving from €5,000 up to €100,000

Deposit Guarantee protection: Up to €100,000.00 payout in EUR

No withholding tax

logo of Banca Privata Leasing

Rate

Duration

Currency

Product Type

Rate

3.10% AER

Duration

1 Year

Currency

EUR

Product Type

Term deposit
Term deposit
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Nominal rate

3.10% Gross

AER

3.10% Gross

Compound interest

No

Term

1 Year

Availability

Available at maturity

Interest payment

Interest is paid at maturity

Interest payment

At maturity

Variable interest rate

Interest rate remains fixed for the agreed term.

Renewal

This deposit will be extended at maturity unless you deactivate this option it in your Raisin Account.

About the Bank

Banca Privata Leasing S.p.A. was founded in 1987 as a leasing company in the Italian region of Reggio Emilia (Emilia-Romagna), an area that has always been the scenario of important economic and social development in Italy. In September 2011, BPL obtained a banking licence, expanding its portfolio of financial products. Banca Privata Leasing is an independent, private bank, specialised in leasing and online deposit-taking. The bank also has offices in Milan. The bank focuses mainly on the SMEs and freelancer segments with leasing and lending offers, as well as a wide range of financing solutions for individuals. The products offered by Banca Privata Leasing through Raisin Bank can be ordered 100% online and in just one minute through your inline banking, no additional documents are required.

Deposit Guarantee Scheme

Deposits including accrued interest income are legally protected by the Italian Deposit Protection Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized in all member states by Directives 94/19/EC, 2009/14/EC and 2014/49/EU. It should be noted that this protection relates to a customer's entire deposits with a bank. This is relevant if not only the deposits of a customer brokered via this platform were invested with a specific bank, but also other deposits of this customer were invested with the respective bank.

Tax process and documentation

In Italy there's no source tax.

Raisin Bank's role

With Raisin Bank, one login gives you access to competitive savings accounts from banks across Europe, allowing your savings to work even harder. No fees, no paperwork: saving with Raisin Bank is online and hassle-free.