Personal customer's foreign currency credits

Amendments to credit terms
If the customer wants to change the following credit terms (within the credit period):

• currency of the credit
• interest determination period
• repayment schedule
• or other terms,

it is possible on the first day of a new interest determination period. This must be agreed on with the bank at least five banking days before the new interest determination period begins. A one-time fee for an amendment is 170,00 €.

Credit terms cannot be changed in the middle of an interest determination period.

Payment defaults

If an automatic debit of a loan fails due to insufficient cover, or the debtor otherwise fails to pay interest, an instalment or other payment by the due date, the debtor is charged a fee for each reminder or notification given by phone or mail to the debtor, guarantor or a third-party pledger.

Repayments in foreign currency must be paid at the payment date’s exchange rate but at least the due date’s rate.