Clayhall Account - Savings Deposit
The Clayhall Savings account offers
6.00%* annual effective interest paid monthly for the full balance. Withdraw any amount up to your full balance at any time
without penalties or fees. The account is only available in Euro currency.
Fees and rates
| Prices |
Fees |
| Account opening/closing fees |
0,- |
| Account maintenance fees |
0,- |
| Postage and statement fees |
0,- |
| Withdrawal fee |
0,- |
| Transaction fees within EU |
0,- |
| AER (balance below EUR 5000) |
0 % |
| From 0 to 5000 euro |
4.75 %* |
| Minimum opening deposit (EUR) |
5000 |
Terms and conditions
Transactions are only possible between your Clayhall Savings Account and your bank accounts
within EU/EFTA.
Minium initial deposit is 5000 euros, maximum deposit is 500 000 euros. Annual Effective
rate is 6.00%*, interest is paid monthly. 100% of deposits up to EUR 20 000 per client is insured.
*6,00% p.a. effective
is valid for all deposits to Clayhall Merchant Bank for every new client opening an account online from 01.02.2008-29.02.2008.
This interest rate is also valid for all clients not having deposited money before 01.02.2008. Starting 01.03.2008 these clients
receive 4.70% p.a. effective until further notice. --All other Clayhall Merchant Bank clients receive 4.70% p.a.
effective until further notice. For account terms, see General Terms.
Clayhall Merchant Bank is a no-fee
Direct Bank on the internet, offering European deposits and cards. If you're looking for a no-fee MasterCard Gold, please
click here.
| 
No penalties for withdrawals