BW-Bank is a brand of Baden-Württembergische Bank unselbstständige Anstalt der Landesbank Baden-Württemberg, a bank from Germany. From the Netherlands you open an account through the savings platform Raisin: one Raisin account, with your money held at BW-Bank in your name.
For €10,000 we list 1 instant-access account from BW-Bank. The best instant-access account, Spaarrekening, pays an effective 2.22% a year. The highest instant-access rate in our comparison is 3.04% right now.
The lowest minimum deposit is €1.
Savings at BW-Bank fall under Sicherungssystem der Sparkassen-Finanzgruppe, the statutory deposit guarantee scheme of Germany, up to €100,000 per person. We checked that with the supervisor or the scheme itself. Germany does not withhold tax on the interest of a saver who lives in the Netherlands.
No changes seen since we started following BW-Bank .