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Important Information


Closure of Banco Internacional do Funchal S.A. (BANIF) London Branch

Following the recent notification to all our customers BANIF London is in the process of winding down its banking operations and it is expected to close until 30 September 2013.

BANIF will continue to operate as an international bank, headquartered in Portugal, however, it will no longer maintain a presence in London.

If you need to contact us, please call +351 217 211 500 or email us at info@banif.pt.


Important Information about Compensation Arrangements - please click here


AER - Annual Equivalent Rate: This is a notional rate used for interest bearing accounts which illustrates what the interest would be if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.

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