BANIF – Banco Internacional do Funchal, was a private financial group founded in 1988 with exclusively Portuguese capital, and offering services for companies and individuals. On December 20, 2016, the Government and Banco de Portugal decided to sell Banif’s activity and most of its assets and liabilities to Banco Santander Totta for 150 million euros. Banif’s customers thus become Banco Santander Totta’s customers and its branches become branches of that institution.
Private Products
Cards
- Debit – Electron, Hello Kitty, Universitário and Privilege
- Pré-Pagos – Music, Hello Kitty e Play
- Crédito – Classic, Hello Kitty, Excellence, Platinum, Sata Imagine e Sata Imagine Gold
Current Accounts
- New Generation 0-6
- New Generation 7-14
- Overseas residents – for those who reside outside Portugal
- New Life – for people over 50
- University –
- Condominium – for condominium management
Savings
- Banif @ st Super Deposit
- Savings account
- New Generation Savings
- RE 6 + 6 deposit
- Immediate Income Deposit
- Today is SAVE day
- Increasing Deposit