"Convenient and efficient implementation of your fund investments."
Icon cash account | Fondsdepot Bank

Your cash account – ​ flexible and easy to liquidate

The cash account is an easy-to-liquidate financial investment with an appropriate interest rate. With a fund custody account, purchases can be debited to the cash account and sales credited to it. Tax reimbursements, liquidation proceeds, custody account fees, mailing expenses and other expenditure and fees can also be settled via the EUR cash account.

  • Option to open an account in foreign currencies in combination with a EUR cash account
  • Avoidance of currency risks in fund sales in foreign currencies.
  • Market-appropriate credit balance interest

Want to 'park capital' or for example finance a savings plan? Take advantage of the cash account of Fondsdepot Bank - with current interest rates and good availability!

Current interest rate (as of 1 August 2020)

CurrencyEUR2USD3GBP4CHF5
Interest rate for credit balances10,00% p.a.0,00% p.a.0,00% p.a.0,00% p.a.
Debit interest for tolerated overdrafts1
nominal
annual percentage rate
9,50% p.a.
9,85% p.a.
10,08% p.a.
10,47% p.a.
10,05% p.a.
10,44% p.a.
9,21% p.a.
9,54% p.a.

 

 

 

 

 

 

 

The Fondsdepot Bank does not currently charge negative interest on credit balances!

¹ Interest is calculated on the basis of an interest scale according to the German interest rate method (30/360), interest is adjusted monthly

2 For EUR accounts, the "ECB deposit rate" is used as the reference interest base. For deposits, a margin deduction of 0.50% is made on the reference interest rate, for tolerated overdrafts a margin premium of 10.00%. A calculated negative interest rate is currently not passed on to customers.

3 For USD accounts, the "overnight USD LIBOR interest rate" is used as the reference interest rate basis. For deposits, a margin discount of 0.50% is applied to the reference interest rate, and a margin premium of 10.00% is applied for tolerated overdrafts. A calculated negative interest rate is currently not passed on to customers.

4 For GBP accounts, the overnight GBP LIBOR interest rate is used as the reference interest rate basis. For deposits, a margin discount of 0.70% is applied to the reference interest rate, and a margin premium of 10.00% for tolerated overdrafts. A calculated negative interest rate is currently not passed on to customers.

5 For CHF accounts, the "overnight CHF LIBOR interest rate" is used as the reference interest rate basis. For deposits, a margin discount of 0.50% is applied to the reference interest rate, and a margin premium of 10.00% is applied for tolerated overdrafts. A calculated negative interest rate is currently not passed on to customers.

If the key calculation bases for the reference interest rate change or if this can no longer be determined temporarily or permanently, the Bank will use the reference interest rate that replaces the reference interest rate or another suitable reference interest rate. This cannot be named at present. The bank will inform about the new reference interest rate in due course.

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The most important features

  • More convenient and efficient implementation of your fund investments.
  • Quarterly interest credit to your cash account.
  • You receive a free account statement in your InfoManager at the end of the quarter, in the case of account movements directly thereafter.

And the best of all:

If you have a custody account at Fondsdepot Bank, management of the cash account is free!