The Markets team opens accounts for its clients with SNS Bank N.V. SNS Bank N.V. offers these clients of NIBC Markets an attractive debit and credit interest rate. The basis for determining the interest rate is the 'SNS Liquiditeitenrente'.
The SNS Liquiditeitenrente is currently 2.2% (last update 10-4-2017).
An extra charge is applied to the SNS Liquiditeitenrente to determine the debit rate and a reduction is applied to the SNS Liquiditeitenrente to determine the credit rate. Your contact or relationship manager can give you more information about these charges and reductions.