The Viva.com Saver is a business deposit account that helps you save funds while earning monthly interest. The account is opened and managed entirely through your Viva.com account.
What does the Viva.com Saver offer?
With the Viva.com Saver, eligible businesses can:
Earn interest based on the European Central Bank (ECB) Deposit Facility Rate, reduced by 1%.
Manage the account fully online through Viva.com.
View account activity and interest calculations in your Viva.com dashboard.
Benefit from deposit protection of up to €100,000 under the Hellenic Deposit and Investment Guarantee Fund (TEKE).
Who can open a Viva.com Saver?
The account is available to:
Legal entities
Sole proprietors
Professionals
Key features
Feature | Details |
Account type | Interest-bearing deposit account for businesses |
Currency | Euro (€) |
Minimum balance to earn interest | €100 |
Interest payment | Monthly |
Interest calculation | Calculated daily using a standard 360-day banking year |
Interest starts | The next business day after your deposit |
Interest ends | The day before any withdrawal |
Account fee | A monthly treasure fee of €10 is charged to your main Viva.com account. |
How is the interest rate calculated?
The interest rate is based on the European Central Bank (ECB) Deposit Facility Rate, reduced by 1%.
If the ECB changes its rate, you will receive a notification in your Viva.com account showing the new interest rate and the date it becomes effective.
Example
If the ECB Deposit Facility Rate is 2.5%, your account interest rate will be 1.5%.
Tax on interest
Interest earned may be subject to withholding tax depending on your country of tax residence and to the provisions of the double taxation avoidance agreement.
The following withholding tax rates currently apply:
Austria – 8%
Belgium – 10%
Bulgaria – 10%
Croatia – 10%
Cyprus – 10%
Finland – 10%
France – 5%
Germany – 10%
Greece – 15%
Ireland – 5%
Italy – 10%
Luxembourg – 8%
Malta – 8%
Netherlands – 10%
Portugal – 15%
Spain – 8%
What can I use the Viva.com Saver for?
The Viva.com Saver is designed exclusively for saving funds and earning interest.
You can transfer money into the account from:
Other banks
Your Viva.com accounts
What transactions are not supported?
The Viva.com Saver does not support:
Payments
Card transactions
Card issuance
Outgoing transfers
Payment service integrations with third-party systems
How do I open a Viva.com Saver?
Click here to learn how to create your Viva.com Saver account.
Still need help? Our team is here to support you. Please contact us via the Chat with us option in your Viva.com account.