Interest and margin rates
Margin rates
_
| 0% through 30/06/2022* | ||||
|---|---|---|---|---|
| Currency | Benchmark rate 1 September 2021 | First 50'000 | Then (BM rate +2.15%) | VIP** Loans 750k+ |
| EUR | 0.000% | 0% | 2.150% | Tailored lending solutions upon request |
| USD | 0.090% | 0% | 2.240% | |
| GBP | 0.053% | 0% | 2.203% | |
*0% rate on up to 50'000 EUR/USD/GBP of loan applies until 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 September 2021 | Effective rate (BM rate +2.15%) |
|---|---|---|
| CAD | 0.196% | 2.346% |
| CHF | 0.000% | 2.150% |
| SEK | 0.000% | 2.150% |
| Currency | Benchmark rate 1 September 2021 | Effective rate (BM rate +5%) |
|---|---|---|
| DKK | 0.000% | 5.000% |
| NOK | 0.161% | 5.161% |
| CZK | 0.791% | 5.791% |
| HUF | 1.271% | 6.271% |
| PLN | 0.080% | 5.080% |
| ILS | 0.100% | 5.100% |
| AED | 0.194% | 5.194% |
| SGD | 0.155% | 5.155% |
| HKD | 0.072% | 5.072% |
| TWD | 0.507% | 5.507% |
| AUD | 0.037% | 5.037% |
| NZD | 0.387% | 5.387% |
| JPY | 0.000% | 5.000% |
| Currency | Benchmark rate 1 September 2021 | Effective rate (BM rate +13%) |
|---|---|---|
| RUB | 6.298% | 19.298% |
| TRY | 19.950% | 32.950% |
| MXN | 4.652% | 17.652% |
| THB | 0.550% | 13.550% |
| ZAR | 3.493% | 16.493% |
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
_
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
_
| 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.