Interest and margin rates
Margin rates
_
| Currency | Benchmark rate 1 Oct. 2020 | Loans <50'000 (Benchmark rate +4.99%) | Loans >50'000 (Benchmark rate +2.99%) | Loans >250'000 (Benchmark rate +2.49%) | Loans >1'000'000 (Benchmark rate +1.99%) |
|---|---|---|---|---|---|
| EUR | 0.00% | 4.99% | 2.99% | 2.49% | 1.99% |
| USD | 0.15% | 5.14% | 3.14% | 2.64% | 2.14% |
| GBP | 0.05% | 5.04% | 3.04% | 2.54% | 2.04% |
| CAD | 0.48% | 5.47% | 3.47% | 2.97% | 2.47% |
| Currency | Benchmark rate 1 Oct. 2020 | Loans (Benchmark rate +4.99%) |
|---|---|---|
| CHF | 0.00% | 4.99% |
| SEK | 0.00% | 4.99% |
| DKK | 0.00% | 4.99% |
| NOK | 0.16% | 5.15% |
| CZK | 0.30% | 5.29% |
| HUF | 0.63% | 5.62% |
| PLN | 0.10% | 5.09% |
| ILS | 0.09% | 5.09% |
| AED | 0.27% | 5.26% |
| SGD | 0.13% | 5.12% |
| HKD | 0.44% | 5.43% |
| TWD | 0.53% | 5.52% |
| AUD | 0.26% | 5.25% |
| NZD | 0.28% | 5.27% |
| JPY | 0.00% | 4.99% |
| Currency | Benchmark rate 1 Oct. 2020 | Loans (Benchmark rate +12.99%) |
|---|---|---|
| RUB | 4.13% | 17.12% |
| TRY | 11.96% | 24.95% |
| MXN | 4.72% | 17.71% |
| THB | 0.55% | 13.54% |
| ZAR | 3.35% | 16.34% |
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.
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 will apply on euro balances over EUR 500,000. Following a 12-month period of account inactivity (no stock, ETF or mutual fund trades), the ECB deposit facility rate will apply on euro balances.
From 1 August 2020 – The ECB deposit facility rate minus 0.25% will apply 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% will apply 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.