The Euribor Investor’s Account is a specific current account offering your company a flexible way to manage its cash surplus. You benefit from a return based on the Euribor rate (*).
(*) Euro Interbank Offered Rate. The Euribor determines the reference rate at which banks repay interbank fixed-term deposits within the Economic and Monetary Union (EMU). There are Euribor rates for different maturities.
- Objective: To create a strict divide between your day-to-day transactions and your investments.
- Minimum amount: Does not apply; however the return changes in line with the 1-month Euribor for every investment amount of over EUR 100,000.
- Credit interest rate: The credit interest rate is determined daily based on the tranche in which your balance is situated; the interest rate is then applied to the whole of the balance. Interest is paid quarterly.
Tranche amount Rate EUR 0 – 99,999 0% EUR 100,000 – 199,999 85% of 1-month Euribor EUR 200,000 – 999,999 90% of 1-month Euribor More than EUR 999,999 95% of 1-month Euribor
- Taxation: A withholding tax of 30% applies to the entirety of the interest.
- Liquidity: Your money is available at all times.
- Flexibility: You can make deposits into your accounts as you wish: in cash, by bank transfer or using Easy Banking Business, etc. Transfers can be made to any BNP Paribas Fortis account in the name of your company.
- Free of charge: You have no management fees to pay. However, any costs of delivery or for keeping your records remain payable by you.
- Better financial management and greater confidentiality through the separation of investments from day-to-day transactions.
- Security: The capital is guaranteed.
Good to know
- The reference currency is the EUR.
- The account cannot show a negative balance.
- You cannot combine cheques, debit cards or credit cards with this account.
- A list of charges is available from BNP Paribas Fortis Business Centres.
- The borrowing rate is calculated on a daily basis. It is not guaranteed and may fluctuate according to market conditions.
- Interest is capitalised on 1 April, 1 July, 1 October and 1 January of the following year and paid into your Euribor Investor's Account.