Euram Bank

Best offers of Euram Bank from Austria

0.01
%
AER
6 months | EUR
Invest now Show more offers

All Term Deposit offers from Euram Bank

Interest rate Term Currency
0.01 % AER
 6 months EUR
0.01 % AER
 1 year EUR
0.05 % AER
 1.5 years EUR
0.10 % AER
 2 years EUR

About Euram Bank

Euram Bank (European American Investment Bank AG), an independent Austrian private bank based in Vienna, was founded in 1999 and has since established itself in the areas of private and investment banking for Austrian and international individuals, entrepreneurs and institutional investors.

Euram Bank has a solid capital base and is committed to a total return approach, which focuses on long-term wealth preservation and strict discipline in risk management.

Offer details

Effective rate
0.01 % AER
Nominal rate
0.01 % AER
Term
6 months
Availability
At maturity
Interest payout
At maturity
Interest taxation
Annually
Compound interest
Yes
Currency
EUR
Min/Max investment amount
5,000 – 100,000  EUR
Prolongation
  • Prolongation is only possible 28 to 5 days before termination
  • 100% online
  • Prolongation Possible
  • Interest payout possible
Withholding tax
The standard withholding tax rate on interest in Austria is 25%. This can be reduced to 0%. In order to assist you in lowering your tax obligations we provide the following form: ("Declaration by individuals for the purpose of unilateral tax relief at source"). You can use this form to reduce the 25% withholding tax in Austria to 0% and thus save taxes. In order to ensure the form processing by the Austrian tax authorities, please make sure it is signed and stamped by the Irish Revenue authority, directly after opening your fixed term deposit. You will receive in your Raisin Account inbox all the corresponding information as well as the steps to follow.
Additional documents
An online application is sufficient for opening and prolongation.
Product information sheet

Security and deposit guarantee

Austria is a democratic and federal republic in Central Europe.

It is a founding member of the OECD and has been a member of the EU since 1995. With a higher GDP per capita than Germany, Austria is one of the wealthiest countries in the world.

The Austrian economy is characterized by the high amount of renewable energy consumption, which is mainly due to the large hydropower resources in the Alps.

The country has high standards in terms of bank secrecy, compliance and investor protection and therefore boasts a credit rating of Aa1/AA+. The banking sector in Austria is regulated by strict legal guidelines and abidance is regularly checked by the supervisory authorities.

Deposits with Euram Bank are fully protected for amounts up to EUR 100,000 per customer by the Austrian Deposit Guarantee Scheme (Einlagensicherung der Banken & Bankiers Gesellschaft m.b.H.), backed by the Austrian state. This protection covers the deposits of all individuals, not just those of Austrian citizens. Further information about the Deposit Guarantee Scheme in Austria can be found at https://einlagensicherung.at.

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 Austria is 25%. This can be reduced to 0%. In order to assist you in lowering your tax obligations we provide the following form: ("Declaration by individuals for the purpose of unilateral tax relief at source").
You can use this form to reduce the 25% withholding tax in Austria to 0% and thus save taxes. In order to ensure the form processing by the Austrian tax authorities, please make sure it is signed and stamped by the Irish Revenue authority, directly after opening your fixed term deposit.

You will receive in your Raisin Account inbox all the corresponding information as well as the steps to follow.

An online application is sufficient for opening and prolongation.

The European American Investment Bank AG (Euram Bank) with its seat at Palais Esterházy, Wallnerstraße 4, 1010 Vienna, Austria is registered with the Commercial Court of Vienna under no. : FN 286544 p. Euram Bank is authorized and regulated by the Austrian Financial Market Authority.
Your eligible deposits with the Euram Bank are protected up to a total of EUR 100,000 by Einlagensicherung der Banken und Bankiers Gesellschaft m.b.H (https://www.einlagensicherung.at/), one of the five Austrian deposit protection schemes. Any deposits you hold above the EUR 100,000 limit are not covered. This communication has been authorized by the Euram Bank.

Do you have any questions?
© 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.