The Raiffeisenbank Gmund requires rich savers future penalty interest – as the second institute in Germany. Bank chief Josef Paul said on Thursday: “It’s all about 139 customers who park EUR 40 million on current or deposit accounts.” The Association of German Banks speaks of an individual case and sees no signal: Normal savers would “not fear for their payable nest egg penalty rate “.
” the first 100,000 Euro are free “
camps banks money overnight at the European Central bank (ECB), they have their 0, pay 4 percent penalty rate. This fee required Raiffeisenbank Gmund from September of private and corporate customers back on deposits over 100,000 euros to checking or money market accounts. “the first 100,000 Euro are free. the next 100,000 free future 400 euros per year,” said Paul.
he hats for some time 40 million euros, which could be lifted from one day to the other, and he could not use. “the lie with me on the central bank account and cause 0.4 percent cost “said the bank manager.” I can not lie down 4000 euros for every million. “he may give the cost to the polluter should now continue.
” I’ve already experienced four robberies, I’d ‘not the fifth “
just let the cash lying in the vaults of the Raiffeisen Bank, would be much too dangerous,” I’ve already experienced four robberies, I’d not even the fifth “said the Bank Board. Most customers were understanding and switched to other forms of investment. Few emigrated to other banks.
the cooperative federation Bavaria stated:. “. the extreme monetary policy of the ECB caused at all banks considerable cost” you have to carry alone was “economically permanently impossible” Some German banks thus increased their fees for account management, credit cards or bank transfers . with penalty interest on deposits from three million euros the Thuringian people and Raiffeisen Bank Altenburger land had made with their Skatbank branch 2014 headlines.
“A clientele that is somewhat luxuriant equipped on capital
Michael Kemmer, CEO of the bankers’ Association, said: “We do not expect that residential customers nationwide must pay charges on deposits, to the competition is in Germany among banks and financial institutions too strong.” a banker said on Tegernsee there is “a clientele that is somewhat luxuriant equipped on capital. This can be “for a bench minor problem if they heed money for free. The cooperative bank Gmund founded in 1911, has offices in Bad Wiessee, Rottach-Egern, Kreuth and Tegernsee. In the region live famous actors, athletes and entrepreneurs.
The Cooperative Federation Bavaria “are no other banks are known which calculate a reimbursement of expenses for retail deposits,” said spokesman Ernst. The President of the Federal Association of German Volksbanken and Raiffeisenbanken (BVR) Uwe Fröhlich, had late June declared: “. The threshold to go into negative territory compared to the private customers, is very, very high” The competition is tough, and it threatens the exodus of investors to the competition. “Customers in Germany are not to be like that in width.” (AP)
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