Dear client,
we would like to inform you that starting from 17th of December 2018 a new fee on account balance (Balance fee) will be applied.
Fee equals to 1% annual interest rate and applied on clients any balance amount. The fee will be automatically calculated and accumulated on daily basis, and charged on the last day of current month.
For more detailed information about Balance fee kindly please refer to D.U.K.
This fee will come into the force from 17th of December, 2018.
1% annual interest rate is applied on any balance within the clients account. The fee is applied for clients with Personal+ and Business+ pricing plan. The fee is automatically calculated and accumulated on daily basis, charged on the last day of current month.
Example: if a client keeps 50.000 Eur on his account, the calculation looks following:
50.000 Eur * 1% / 365 = 1,37 Eur (per day)
where:
50.000 Eur - balance amount on a particular day
1% - annual interest rate
365 - days per year since the annual interest rate is applied
1,37 Eur - accumulated fee amount on a particular day
Each day accumulated amount is charged on the last day of the current month.