Hoist Finance
Sweden
(AAA)
(AAA)Deposit amount: Min. £1,000 – Max. £70,000
Protection limit: Up to SEK 1,050,000 payout in GBP
Top offer from this bank
4.60% AER
Term:
1 yearAccount information
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Rate
Duration
Deposit Guarantee
Product Type
Rate
4.72% AER
Duration
Easy access
Deposit Guarantee
SEK 1,050,000
Product Type
Easy access
Easy access
Top offer from this bank
4.60% AER
Term:
1 yearBank Details
Hoist Finance, founded in Sweden in 1994 and headquartered in Stockholm with offices in ten other European countries (including Germany, France, UK), is an international group of companies specializing in the areas of purchasing and processing consumer loans and real estate financing. As a debt restructuring partner, they purchase non-performing loans from international banks and financial institutions so that they can free up resources for their core business.
Security & Deposit Protection
Deposits including interest income are legally protected by the Swedish Deposit Insurance Fund up to an amount of SEK 1,050,000 per customer and per bank. In the case of a payment by the deposit insurance fund, this will be made in Swedish kronor (SEK). In this respect, there is a currency/exchange rate risk. More information about deposit insurance at https://www.riksgalden.se/en/. It should be noted that this protection relates to a customer's entire deposits at a bank. This is relevant if not only the deposits mediated via Raisin UK were placed with a specific bank, but there are also other deposits by this customer with the respective bank.
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