Ljubljana, 27/10/2016
Dear business partner,
In the last year the banking sector in Slovenia as well as in the European area found itself in a completely new environment. Therefore, the European Central Bank has taken various measures aimed at fighting deflation and reviving the economy. These measures have resulted in additional excess liquidity in the euro money market and consequently caused negative interest rates for deposited funds.
For these reasons, xxxxxxxxxxxx d.d. will introduce a fee for balance on transaction account in EUR above the threshold amount, if exceeding the threshold amount of EUR 5 mio, starting from 1st November 2016.
The fee for exceeding the threshold in the amount of 0,4 % p.a. will be charged on a monthly basis from the monthly average balance on transaction account in EUR above the threshold amount of EUR 5 mio. The method of calculation will be as follows:
0,4% x average monthly balance over EUR 5 mio x the actual number of days in a month / 360
The fee will be shown on the monthly overview of charged fees.
We wish this change would not affect our further business cooperation and would like to use this opportunity to thank you for your trust and staying our valuable business partner.
The new Extract of the Payment Tariff is published on our business website. For any further information, your bank advisor is at your disposal.
Best regards,
xxxxxxxxxxxxx d.d.
Dear business partner,
In the last year the banking sector in Slovenia as well as in the European area found itself in a completely new environment. Therefore, the European Central Bank has taken various measures aimed at fighting deflation and reviving the economy. These measures have resulted in additional excess liquidity in the euro money market and consequently caused negative interest rates for deposited funds.
For these reasons, xxxxxxxxxxxx d.d. will introduce a fee for balance on transaction account in EUR above the threshold amount, if exceeding the threshold amount of EUR 5 mio, starting from 1st November 2016.
The fee for exceeding the threshold in the amount of 0,4 % p.a. will be charged on a monthly basis from the monthly average balance on transaction account in EUR above the threshold amount of EUR 5 mio. The method of calculation will be as follows:
0,4% x average monthly balance over EUR 5 mio x the actual number of days in a month / 360
The fee will be shown on the monthly overview of charged fees.
We wish this change would not affect our further business cooperation and would like to use this opportunity to thank you for your trust and staying our valuable business partner.
The new Extract of the Payment Tariff is published on our business website. For any further information, your bank advisor is at your disposal.
Best regards,
xxxxxxxxxxxxx d.d.
Comment