Banca Profilo

Banca Profilo is a bank from Italy. From the Netherlands you open an account through the savings platform Raisin: one Raisin account, with your money held at Banca Profilo in your name.

For €50,000 we list 4 deposits from Banca Profilo, with terms from 3 months to 1 year. The best-paying deposit runs for 6 months at an effective 2.82% a year.

The lowest minimum deposit is €20,000.

Savings at Banca Profilo fall under Fondo Interbancario di Tutela dei Depositi (FITD), the statutory deposit guarantee scheme of Italy, up to €100,000 per person. We checked that with the supervisor or the scheme itself. Italy does not withhold tax on the interest of a saver who lives in the Netherlands.