Interest and margin rates
Margin rates
_
New margin rates starting 1st July 2021
(rates applicable through 30th June 2021 available here)
| Limited Time Offer* | ||||
|---|---|---|---|---|
| Currency | Benchmark rate 1 June 2021 | First 50’000 | Then (BM rate +2.15%) | VIP** Loans 750k+ |
| EUR | 0.000% | 0% | 2.150% | Tailored lending solutions upon request |
| USD | 0.096% | 0% | 2.246% | |
| GBP | 0.052% | 0% | 2.202% | |
* 0% promotional rate on up to 50,000 EUR/USD/GBP of loan applies from 1st July 2021 through 30 June 2022.
** Exclusive benefits for Platinum and/or Apex VIP clients.
For loans over 50,000, a blended rate will apply - for example on a loan balance of 100,000 EUR, the first 50,000 will be charged 0%, and the next 50,000 2.15%, resulting in a blended rate of 1.075%.
| Currency | Benchmark rate 1 June 2021 | Effective rate (BM rate +2.15%) |
|---|---|---|
| CAD | 0.186% | 2.336% |
| CHF | 0.000% | 2.150% |
| SEK | 0.000% | 2.150% |
| Currency | Benchmark rate 1 June 2021 | Effective rate (BM rate +5%) |
|---|---|---|
| DKK | 0.000% | 5.000% |
| NOK | 0.191% | 5.191% |
| CZK | 0.310% | 5.310% |
| HUF | 0.770% | 5.770% |
| PLN | 0.085% | 5.085% |
| ILS | 0.100% | 5.100% |
| AED | 0.203% | 5.203% |
| SGD | 0.223% | 5.223% |
| HKD | 0.083% | 5.083% |
| TWD | 0.508% | 5.508% |
| AUD | 0.038% | 5.038% |
| NZD | 0.271% | 5.271% |
| JPY | 0.000% | 5.000% |
| Currency | Benchmark rate 1 June 2021 | Effective rate (BM rate +13%) |
|---|---|---|
| RUB | 4.895% | 17.895% |
| TRY | 19.950% | 32.950% |
| MXN | 4.285% | 17.285% |
| THB | 0.551% | 13.551% |
| ZAR | 3.510% | 16.510% |
Benchmark rate (BM rate) = monthly average of one-month market indices: Euribor 1 Month ACT/360 (EUR), ICE LIBOR USD 1 Month (USD), ICE LIBOR GBP 1 Month (GBP), Canada Bankers Acceptances 1 Month (CAD), ICE LIBOR CHF 1 Month (CHF), Stockholm Interbank Offered Rates 1 Month (SEK), Association of Banks in Singapore Swap Offer Rate Fixing 1 Month (SGD), HK Assoc of Banks Hong Kong Dollar HIBOR Fixings 1 Month at 11:00am (HKD), AUD 1 Month Deposit (AUD). Debit interest will be charged quarterly in arrears.
Cash rates
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Interest, where applicable, will be accrued daily and posted to your account on a quarterly basis.
| Currency | EUR 0-1'000 | EUR 1'001-10'000 | EUR 10'001-50'000 | 50'001+ |
|---|---|---|---|---|
| EUR* | 0.000% | 0.000% | 0.000% | 0.000% |
| USD | 0.000% | 0.000% | 0.000% | 0.000% |
| GBP | 0.000% | 0.000% | 0.000% | 0.000% |
| CAD | 0.000% | 0.000% | 0.000% | 0.000% |
| CHF | -1.25% | -1.25% | -1.25% | -1.25% |
| SEK | -1.25% | -1.25% | -1.25% | -1.25% |
| DKK | -1.25% | -1.25% | -1.25% | -1.25% |
| NOK | 0.000% | 0.000% | 0.000% | 0.000% |
| CZK | 0.000% | 0.000% | 0.000% | 0.000% |
| HUF | 0.000% | 0.000% | 0.000% | 0.000% |
| PLN | 0.000% | 0.000% | 0.000% | 0.000% |
| ILS | 0.000% | 0.000% | 0.000% | 0.000% |
| TRY | 0.000% | 0.000% | 0.000% | 0.000% |
| AED | 0.000% | 0.000% | 0.000% | 0.000% |
| SGD | 0.000% | 0.000% | 0.000% | 0.000% |
| HKD | 0.000% | 0.000% | 0.000% | 0.000% |
| TWD | 0.000% | 0.000% | 0.000% | 0.000% |
| AUD | 0.000% | 0.000% | 0.000% | 0.000% |
| NZD | 0.000% | 0.000% | 0.000% | 0.000% |
| JPY | -1.25% | -1.25% | -1.25% | -1.25% |
* The ECB deposit facility rate minus 0.25% applies on euro balances over EUR 250,000. Following a 12-month period of account inactivity (no stock, ETF or mutual fund trades), the ECB deposit facility rate minus 0.25% applies on euro balances.
Overdraft rates
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| Currency | Interest rate |
|---|---|
| All Currencies | Benchmark rate + 12.99% |
Interest will be charged on debit balances in each sub currency-account. Debit interest will be accrued daily and will be charged to your account on a quarterly basis. Clients are responsible for the management of the different sub currency-account balances.
Benchmark rate = monthly average of one-month market indices: Euribor 1 Month ACT/360 (EUR), ICE LIBOR USD 1 Month (USD), ICE LIBOR GBP 1 Month (GBP), Canada Bankers Acceptances 1 Month (CAD), ICE LIBOR CHF 1 Month (CHF), Stockholm Interbank Offered Rates 1 Month (SEK), Association of Banks in Singapore Swap Offer Rate Fixing 1 Month (SGD), HK Assoc of Banks Hong Kong Dollar HIBOR Fixings 1 Month at 11:00am (HKD), AUD 1 Month Deposit (AUD). Debit interest will be charged quarterly in arrears.