Interest Rates & Call Money

Does Penta charge interest or fees for account balances?

Regarding the current topic of negative interest rates, we at Penta are bound to our partner Solarisbank AG. SolarisBank AG has been charging a deposit ...

What is WeltSparen?

WeltSparen by Raisin is the leading provider of simple savings and investment products. On the platform, business customers will find overnight and fixed-te...

Who is behind WeltSparen?

Under the WeltSparen brand, Raisin GmbH has been offering an online marketplace for fixed-term and overnight deposits across Europe since 2013. Since 2019, ...

How do I get access to WeltSparen as a Penta customer?

With WeltSparen you can get attractive fixed-term and overnight deposits from European partners. And this is how it works: Fill out the registration for...

What type of deposit protection applies to overnight and fixed-term deposits?

Under EU law, all offers for overnight and fixed-term deposits including interest income up to the equivalent of EUR 100,000 are 100% protected for each cus...

What conditions apply to WeltSparen?

The current conditions of the partner banks are shown on the landing pages. If there is a change in conditions, all customers will be informed ahead of time...

What are the costs for me with WeltSparen?

All general services for the product WeltSparen are free of charge—WeltSparen assumes the costs. This includes the opening and management of the WeltSpa...

What documents are required to open an investment account?

The requirements of the partner banks differ from country to country: Depending on the regulatory requirements in the respective country, the contract is us...

How long does the registration and investment process take with Weltsparen?

Overall, the process from registration to the confirmed account opening by the partner bank is usually completed within a few days to a maximum of two weeks...

What information is required for tax exemption with WeltSparen?

A tax exemption is usually not relevant for a GmbH. If it is a tax-exempt company, a copy of the exemption order must be sent by post to WeltSparen, PO ...