CA Auto Bank launches its time deposits in Ireland

NEWS

CA Auto Bank's international development in daily banking continues. The Bank, part of the Crédit Agricole Group, the tenth largest banking institution in the world and first in Europe in terms of the number of retail customers, is launching its time deposits in Ireland

  • The new CA Auto Bank time deposits, available now to Irish tax residents, feature 6-, 12-, 24-, 36-, 48- and 60-month terms, with competitive returns.
  • The time deposits can be opened and managed online.

CA Auto Bank‘s international development in daily banking continues. The Bank, part of the Crédit Agricole Group, the tenth largest banking institution in the world and first in Europe in terms of the number of retail customers, is launching its time deposits in Ireland.

The Irish Republic thus joins Austria, Germany, Italy, the Netherlands and Spain as a country where the Bank has successfully established its time deposits.

The new time deposits, available to individuals who are tax residents in Ireland, feature 6-, 12-, 24-, 36-, 48- and 60-month terms, with competitive returns.

 

Term
Nominal Interest
Rate (TIN)
Effective annual
rate (AER)
6 months
3.40%
3.40%
12 months
3.40%
3.40%
24 months
3.30%
3.25%
36 months
3.25%
3.15%
48 months
3.20%
3.06%
60 months
3.20%
3.01%

These time deposits can be opened and managed fully online: Irish residents can now benefit from CA Auto Bank‘s time deposits and open one that best suits their return requirements.

CA Auto Bank‘s time deposits accounts are the ideal solution to make your money work harder. There are no opening, management or closing fees, with optional renewal upon maturity, which can be requested from your user area. In addition, depositors are exempt from the Italian withholding tax on interest. The minimum deposit amount is €10,000 per individual customer, the maximum amount is €100,000. At maturity, customers will receive the initial capital invested, plus the contractual interest accrued.

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