Banco Português de Gestão

Best offers of Banco Português de Gestão from Portugal

3.06
%
AER
3 years | EUR
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All Term Deposit offers from Banco Português de Gestão

Interest rate Term Currency
2.50 % AER
 6 months EUR
3.25 % AER
 1 year EUR
3.40 % AER
 2 years EUR
3.06 % AER
 3 years EUR

About Banco Português de Gestão

Banco Português de Gestão is a small Portuguese private corporate and investment bank that was founded in 2000. The bank has its main office in Lisbon and has another branch located in Porto. Banco Português de Gestão is majority-owned by the private Foundation Fundação Oriente.

Banco Português de Gestão’s client base includes small and medium-sized businesses as well as wealthy individuals and government institutions, and the bank offers its clients services in the areas of investment banking, corporate banking, retail banking, finance and wealth management. In addition, Banco Português de Gestão provides tailor-made solutions for the special requirements of the social welfare institutions belonging to the customer base.

Offer details

Effective rate
3.06 % AER
Nominal rate
3.15 % AER
Term
3 years
Availability
At maturity
Interest payout
At maturity
Interest taxation
At maturity
Currency
EUR
Min/Max investment amount
20,000 – 100,000  EUR
Prolongation
An automatic renewal, including reinvestment of interest, is initiated if you do not deactivate the automatic renewal up to 5 days before the end of the term.
Withholding tax
28%
Product information sheet

Security and deposit guarantee

Deposits at Banco Português de Gestāo, including the interest accrued but not yet paid, are legally protected by the Portuguese Deposit Guarantee Scheme (Fundo de Garantia de Depósitos) up to a maximum amount of €100,000 per depositor and bank. This protection extends to all natural persons, not just Portuguese citizens. You can find more information about the Portuguese Deposit Guarantee Scheme on its dedicated website.

This protection relates to a customer’s entire portfolio of deposits and accounts with a bank. This is of particular importance to customers who have further deposits or accounts with Banco Português de Gestāo beyond those taken out through Raisin Bank.

In all EU member states, the minimum requirements for all national deposit guarantee schemes are harmonised by Directives 94/19/EC, 2009/14/EC and 2014/49/EU.

Tax process and documents

Since the investment income tax and solidarity surcharge (plus church tax, if applicable) are due on the interest income from private investors in Ireland, all income - including that from abroad - must be stated in the private tax return.
In Portugal, a withholding tax of 28% is withheld, which will be reduced to 15% if the tax form "21-RFI" is submitted in time and is fully deductible in the context of a tax return if it is not refundable abroad. This may have been issued by your tax office a maximum of 12 months before the interest payment (due date).
If you have more than one term deposit with the bank, you have to submit the documents several times - separately for each term deposit investment you have made.

An opening account application must be submitted in the original by mail as well as a copy of your proof of the profession. For details see the product information sheet.