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)
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.