The Sparkasse Krefeld and Sparkasse Duisburg/Kamp-suffering Lintfort how many other houses under the negative interest rates of the ECB. Therefore, it is difficult, high interest rates for old customers-savings contracts applied. Both houses, therefore, draw the ripcord.

The Krefeld Sparkasse sent currently the letter of termination to 12,500 customers, such as the "Westdeutsche Zeitung" (WZ) reported.

The money house wants to 30. March, all rates of saving terminate contracts with a minimum term of 15 years, if the 15. Saving year already expired, and the maximum is reached premium. The affected 12.500 savings contracts make up about four percent of all savings accounts of the savings Bank. It is the product of " S-save Premiums flexible ".

"We are very well aware that this measure relates to our long-standing, loyal clientele. It falls to us, therefore, not easily, but in the context of the economic conditions is inevitable“, - quotes the report of a communication from the Bank.

you can Also use the Duisburg Sparkasse alienated savers

The Sparkasse Duisburg/Kamp-Lintfort respond to high-interest savings contracts of their clients with dismissals, such as the "WAZ" reports. Here it goes by 11,500 contracts, the up to 30. June ends to.

consumer advocates advise customers to accurately test the Write

The Verbraucherzentrale NRW is not emphasized, the basic statements about the legality of the dismissals were possible. But it has a piece of advice for those Affected: you should pay attention to the reasons for the termination and the calculation of interest control. Concerned savers were unsure, you should consult with lawyers or to the consumer.

savings banks to push the ECB the black Peter

The savings Bank guides in Krefeld and Duisburg to justify their drastic action expressly draw attention to the for years current negative interest rates by the European pretending to be Central Bank (ECB). Money houses must pay for their compulsory deposits at the ECB negative interest of 0.5 per cent. This means that Parking is a money house at the ECB, for example, a Million euros, are per year 5000 Euro penalty fees due.

The now terminated savings contracts had been completed prior to the financial crisis in 2007. The current interest-rate policy at that time was unthinkable, so, the Sparkasse Krefeld, according to the report. The current conditions made it difficult to generate the necessary income, and the savings premium is applied.

ECB to expansionary monetary policy

Regarding the negative interest rates of the ECB, with no end in sight: The Central Bank holds under its new Head Christine Lagarde to the expansionary monetary policy. There should be any sign for 2020 an improvement in the economic situation, expect the financial experts such as Carsten Mumm, chief economist at Thunder&Reuschel, but so that at least the negative Deposit rates for banks will rise slightly.

With FOCUS Online money compare (display) a daily allowance comparison in 2020: Here are the Top interest rates

Banker to secure invoke their General terms and conditions

The tense Interest is from the perspective of the Sparkasse Krefeld, a "proper reason", with the money the house can pronounce according to its General terms and conditions of the termination. The savings Bank is relying on a judgment of the Federal court of justice (BGH). The judge had on may 14. May 2019 judged that such a property exists just cause, "if the circumstances allow the savings Bank to terminate the Vera, are designed to assess that a fair-minded, reasonable observer must keep the behavior of the savings Bank for a traceable and of the factual situation to an appropriate response" (BGH XI ZR 345/18).

Affected customers to receive, not later than 30. March of the termination of your contract with a notice period of three months, as it is said in the report. This means that The cancellation occurs 30. June in force. Thereafter, the savings Bank wants to RUB the Pro-rata premium for the 2020 customer credits.

surf tip: Sparkasse - contact details and Hotline

As commented on the FOCUS Online readers of the post:

"In the sunshine they give you an umbrella, it is raining, take him to thee again. The banks need to make about your 'positive' Image no Worries."

"our banks could not expect such an interest 15 years ago, is understandable. The banks then try to cancel the savings contracts, drive them for a month in the red, it is also understandable. Whether this is legally permissible, is to be seen. A real estate loan I get currently for 0.65 per cent, for ten years in my house Bank, how to pay a Bank of 3 or more percent interest. We Germans put our money in the Bank and secure, and expect that it will be automatically propagated. It no longer does. The times have changed. Borrowers and money for investors in funds, Etc. invest. This is not so sure, however, there is much, much higher returns."

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Volksbank getting bolder all the time: customers have to pay for withdrawing money, despite the account fee, FOCUS Online/Wochit Volksbank getting bolder all the time: customers have to pay for withdrawing money, despite the account fee

mbe Date Of Update: 31 January 2020, 09:00