Investment account is designed for transactions with funds, stocks, bonds, and ETFs. It is a special type of current account which allows to postpone taxation from investment income. It has to be linked to securities or/and savings account.
When using an investment account, tax payment is required only when the amount withdrawn from the investment account exceeds the amount deposited. For customers who have selected an investment account as a cash account for making contributions using the Robo-Advisor’s ETF portfolio management service, the additionally opened portfolio investment account necessary for the provision of the service will be considered as the sub-account of the investment account. This means that transfers between these accounts will not be considered as a deposit or withdrawal from the investment account. You can learn more on the Robo-Advisor’s section on our website.
Advantages
- Recommended for transactions with funds, stocks, bonds, and ETFs.
- An opportunity to defer personal income tax payments.
- Conveniently manage investments in various financial instruments.
- Separate your investment banking from daily banking.
- Once a year, we prepare an investment account statement with all tax-year transactions, available in the 'Securities' section of your internet bank.
Pricing
| Service | Price |
|---|---|
| Opening, monthly maintenance fee, closing | Free of charge |
An investment account is suitable for you if:
- You are not planning to withdraw the investment income immediately, but intend to reinvest it.
- You want to freely exchange securities without immediately paying Personal Income Tax on the capital gains.
- Please note that you will have to declare the investment income at the moment when withdrawals exceed contributions to the investment account.
You do not need an investment account if:
- You plan to use the investment profit to cover your daily banking needs.
- You are using only deposits (savings account, term deposit), and save for your 3rd pension pillar with life insurance.
More about investment account
Not sure how to start?
- You can consult online via video meeting.
- Review of your financial situation.
- We will recommend solutions based on your situation and needs.
Robo-Advisor – solution that makes investing easy
- From an idea to a suitable solution in only 15 minutes
- Starting from just 10 euros
- No previous experience needed
