Haitong Bank

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

For €50,000 we list 7 deposits from Haitong Bank, with terms from 3 months to 3 years. The best-paying deposit runs for 3 years at an effective 3.10% a year.

The lowest minimum deposit is €10,000.

Savings at Haitong Bank fall under Fundo de Garantia de Depósitos (FGD), the statutory deposit guarantee scheme of Portugal, up to €100,000 per person. We checked that with the supervisor or the scheme itself. Portugal withholds 19.00% tax on interest by default; as a resident of the Netherlands you bring that down to 0% with a form.