Termination of Liquidity Fee for legal entities

16 Aug, 2022

Staying true to our promise of transparency in our actions and decisions, that directly affect our customers, we would like to inform you that we have proceeded with the termination of the Liquidity Fee for legal entities, effective from 1 August 2022.

Following the recent decision of the European Central Bank, on July 21 2022, to increase  interest rates, there is no need to address the additional cost from excess liquidity, kept in current and savings accounts. This specific fee was applied to all legal entities that have currents and savings accounts with credit balances that exceed €100.000.

If you need more information, we are always happy to help. You can call us at 8000 0050 / +357 22849000 (Mon.-Thur. 08:15-17:00, Fri. 08:15-14:00) or if you prefer you can contact your Relationship Officer directly.

Our primary goal remains your benefit as our customer, offering you quality service and an upgraded banking experience.