Conditions

Below you can find additional information related to our products. The related product terms and conditions can be obtained from the download centre.

For further information on the Dutch Deposit Guarantee System, please click here.

Current Accounts

Business Accounts

Conditions valid from 01-11-2009

Required information for a payment order

For a payment order we require at least the following information:

• Business Account:
• The account number from which the payment order has to be executed;
• Accountholder(s) name;

• Beneficiary:
• The IBAN (International Bank Account Number) for an account with a bank within the European Economic Area (EEA). If not available, the number of the beneficiary’s account;
• Name en address of the beneficiary
• The BIC (Bank Identifier Code) of the beneficiary’s bank;

• Payment:
• The currency and amount;
• The transaction date;
• The description of the payment;
• Way of the costs settlement: shared (SHA), ours (OUR) or beneficiary’s (BEN). For a payment which meet the following requirement, only shared cost settlement (SHA) are allowed (EU-regulation):
• The beneficiary’s bank is located in the European Union; AND
• The payment is in Euro or another European currency; AND
• The payment does not involve any currency conversion.

Cut-off times

Below the cut-off time for the different currencies are given:

Currency	Cut-off time (GMT+1 time zone)*
Euro (EUR)	15:00 hours
Turkish Lira (TRY)	14:00 hours
US Dollar (USD)	15:00 hours
Other currencies than the above mentioned	11:00 hours

* A payment order received after the cut-off time will be deemed to have been received on the following business day.

Please contact your account officer for information on the exchange rates and costs applicable.

Savings

Business Top Interest Accounts

Required balance

Balance	EUR
Minimum	1
Maximum	1,000,000

Interest rate

Amount	Interest rate (as of 07-08-2009)**
EUR 1 to EUR 1,000,000	2,20% p.a.

** The interest of the Top Interest Accounts is variable; this means changes in the interest rate may be applied immediately and without notice. Please check our website for the current interest rate or by calling us on Freephone number 80073232 (Monday to Friday between 08.30 and 18.30 hours).

Required information for a transfer order
For a transfer order we require at least the following information:

• The number of the Business Top Interest Account from which the transfer order has to be executed;
• The account holder(s) name of the Business Top Interest Account;
• The number of the counter account where the transfer is to be made;
• The amount of the transfer; and
• The date when the transfer is to be done.

Cut-off times and transfer costs
The following are details of the costs and cut-off time:

Transfer order	Costs in EUR	Cut-off time***
Normal	Free of charge	15:00 hours
Urgent	8.00	15:00 hours

*** A transfer order received after the cut-off time will be deemed to have been received on the following business day.

Time Deposit for Businesses

Conditions valid from 29-07-2010

Required balance

Balance	EUR
Minimum	2,500
Maximum	1,000,000

Interest rate

Deposit term****	Interest rate (as of 29-07-2010)
1 month	1,75% p.a.
3 months	2,00% p.a.
6 months	2,00% p.a.
9 months	2,00% p.a.
12 months	2,20% p.a.
24 months	2,75% p.a.
36 months	3,25% p.a.
48 months	3,50% p.a.
60 months	3,75% p.a.
84 months	4,00% p.a.
120 months	4,25% p.a.

**** For time deposits for terms of more than one year the accrued interest is credited every 12 months after the start date of the time deposit to the Top Interest Account. To open a time deposit you first need to have a Top Interest Account. In case you do not yet have a Top Interest Account, you can apply by filling in our online application form or by calling us on Freephone number 80073232 (Monday to Friday between 08.30 and 18.30 hours). You will need to visit our Branch for identification purposes and to complete the account-opening procedure.

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