UK-based Savings Accounts

Euro Time Savings Account. An interest-bearing deposit account in Euros where you will receive a quarterly statement. It can be single or joint account

Details

• Initial Deposit: €1,500
• Minimum Maintain Balance €1,500
• Term: Minimum of 1 month and maximum of 1 year (360days)
• Interest Rate: Based on the amount and term of placement and shall be determined by the Treasury Group
• Tax Rate
  • Residents: Subject to 7.5% final witholding tax
  • Non-residents: Exempted subject to submission of documents required for tax exemption
  • Joint accounts between Residents and Non-residents: 50% taxable and 50% exempted provided Non-Resident account holder shall submit the required documents for tax exemption

Opening Requirements

• Individual/Joint Account
• Proof of ID (valid passport) read more
• Proof of Address (original utility bill, bank statement, credit card statement, council tax notices) read more
• Completed application form
• 2 signature cards