Fixed rate
The interest rate for the business account for farmers is:
- 0.05% for account balance up to €10,000
- 0.10% for account balance over €10,000
This tiered interest rate is applied to the entire account balance.
You collect interest every 6 months, on 30.06 and 31.12.
Have a look at the deposit and loan interest rates.
€5 fee a month
You pay €5 a month for your business account. The fee is charged automatically to your account in the 2nd fortnight of each month. So make sure there is sufficient balance in it.
Have a look at the commissions and other charges.