1. How is interested calculated?
2. How can I withdraw money free of charge but without giving notice?
3. How do I open a notice account?

1. How is interested calculated?

•  Interest is calculated based on the withdrawal notice period required (8, 35, 90 or 180 days) and the daily balance in your account.
•  15% of the total interest payable is deducted in favour of the Defence Contribution.
•  The account’s interest rate may change (increase or decrease) depending on market conditions and decisions taken by the Bank.
•  Interest is credited to the account once a year on 31 December. Immediately afterwards you can collect the interest by giving the relevant notice.

2. How can I withdraw money free of charge but without giving notice?

•  You can withdraw up to € 2,000 once a month free of charge without giving notice.
•  If you are a subscriber to our 1bank service, you can transfer up to € 1,000 a day to another account of your choosing free of charge.
•  If you want to have access to your money without having to give notice, it is better to opt for an instant access account or a traditional savings account. However, those accounts have lower interest rates than notice accounts.

3. How can I open a notice account?

The procedure is short and simple. Before deciding what type of account best suits you, simply contact your personal banker to select the account that is best tailored to your needs.