ING raises negative interest rate limit in Germany, not yet here | Money

This is apparent from a tour of Het Financieele Dagblad.

ING, Rabobank and ABN Amro ask customers with more than €100,000 in savings to pay. This is -0.50% at all three major banks.

Market rate

Due to the decision of the German branch of ING, 99.9% of customers no longer have to pay a fee on their savings. The decision follows developments in market interest rates, which have also been rising sharply for a few months.

In the Netherlands, banks are not yet planning to scrap negative interest rates for large savers. The banks are waiting for the European Central Bank (ECB), where they also have to pay to – mandatorily – store their deposits. Experts do expect the European central bank to change that policy soon.

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