interest on deposit


#1

A newbie question. I read you can open deposit accounts in EUR and GBP. What is the interest rate on the balance kept in such accounts?


#2

0%.

This is not a saving account, for now it’s mainly a way to avoid paying fees when you’re abroad paying in foreign currencies.


#3

Ok, good. I thought I would be slapped with a negative interest rate charge in EUR for example (where deposit rates are negative) if I park some EUR cash in the acct.