BFF Bank

BFF Bank 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 BFF Bank in your name.

For €50,000 we list 9 deposits from BFF Bank, with terms from 3 months to 5 years. The best-paying deposit runs for 9 months at an effective 2.51% a year.

The lowest minimum deposit is €20,000.

Savings at BFF Bank 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 withholds 19.00% tax on interest by default; as a resident of the Netherlands you bring that down to 0% with a form.