|When the loan period is extended, the arrangement fee is charged on the principal for the extended period.
Amendments to credit 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.
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.