Once we have confirmed the opening of your Raisin Account, you can follow the steps below to complete the application to open a deposit account:
1. Link your bank account to your Raisin Account
The first time you sign up for a product, we will ask you to enter the IBAN of the account to which you want to receive transfers from your Raisin Account. This must be an account in another Irish or European Union bank of which you are the account holder. For example, it could be the account where you receive your salary or pay your bills by direct debit. This account will be linked to your Raisin Account and will be the only account to which you will be able to transfer funds from your Raisin Account*.
You will not be able to access any other screen until you enter the IBAN of the bank account you want to link to your Raisin Account.
2. Choose the product that best suits you
In the "Savings accounts" section of your Online Banking you can choose from more than 45 deposit accounts offered by our partner banks from all over Europe. Our offer table allows you to easily compare maturities, interest rates or the banks’ country of origin, as well as to calculate the approximate return on each investment. Once you have selected the product, you can complete the application online.
3. Transfer the funds you wish to invest to your Raisin Account
Once you have linked your bank account and completed the application form, all that remains to be done is to transfer the funds you wish to invest to your Raisin Account. You will find the IBAN of your Raisin Account in your Online Banking. Once the funds have arrived in your Raisin Account, the partner bank will review your application and, once approved, your money will be automatically transferred to the deposit account you have selected. We will send you an email confirming the opening of the deposit account.
*To make transfers to your Raisin Account you can use any bank account in the European Union, as long as you are the account holder.