Penta Bank

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

For €50,000 we list 5 deposits from Penta Bank, with terms from 1 year to 5 years. The best-paying deposit runs for 1 year at an effective 1.50% a year.

The lowest minimum deposit is €5,000.

Savings at Penta Bank fall under Fond ochrany vkladov (FOV), the statutory deposit guarantee scheme of Slovakia, up to €100,000 per person. We checked that with the supervisor or the scheme itself. Slovakia withholds 19.00% tax on interest by default; as a resident of the Netherlands you bring that down to 0% with a form.