Interest rates
Effective as from January 1, 2012.
Credit Balances
The Internaxx cash account pays interest depending upon currency and amount held in the sub-accounts. Rates are subject to change depending upon the evolution of the Money Market.
|
€ 0-1,000 |
€ 1,001-10,000 |
€ 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% |
| AUD |
0.000% |
0.400% |
0.900% |
1.200% |
| HKD |
0.000% |
0.000% |
0.000% |
0.000% |
| SGD |
0.000% |
0.000% |
0.000% |
0.000% |
| SEK |
0.000% |
0.000% |
0.000% |
0.000% |
| CHF |
0.000% |
0.000% |
0.000% |
0.000% |
Credit interest will be accrued daily and will be credited to your account on a quarterly basis.
Debit Balances
Debit interest will be charged for debit balances in each sub-account, not-withstanding the total net balance of a client's holdings with the Bank.
|
Overdraft rate |
Credit lombard rate |
| EUR |
11.35% |
7.80% |
| USD |
10.20% |
7.00% |
| GBP |
10.80% |
7.50% |
| CAD |
11.15% |
7.70% |
| AUD |
14.90% |
11.40% |
| HKD |
10.20% |
7.70% |
| SGD |
10.40% |
7.90% |
| SEK |
12.35% |
9.80% |
| CHF |
10.10% |
6.65% |
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-account balances.