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Investment account

Investment account

  • An opportunity to keep money for investing separately from daily expenses
  • Conveniently transparent transactions in various financial instruments
  • An opportunity to defer the payment of personal income tax

An investment account is a current account linked to a securities account. It is used to transfer money in transactions in securities and deposit services. The investment account is not envisaged for other types of transactions.

When using an investment account, personal income tax (PIT) becomes due only when money from an investment account is being withdrawn or transferred to another account.

An investment account is particularly intended for transactions in funds, stocks, bonds, and ETFs.

An investment account is suitable for you if:

  • You do not intend to use the derived investment income immediately;
  • You want to freely change the securities without paying PIT on the capital gains immediately;
  • You commit to declare your investment income on your own.

You do not need an investment account if:

  • You plan to use the profits derived to cover your daily settlements rather than to invest it;
  • You are using only deposit services (savings account, term deposit), as well as making savings for your 3rd pension pillar with life insurance, because in these cases there is no option of deferring PIT payment (you can keep paying PIT as you have done so far).

If necessary, you can transfer money to your investment account from your current account for daily transactions.

You can have investment accounts with several banks.

Investment account  - Scheme

You may defer the payment of PIT on capital gains if you are investing through your investment account.

The tax is due only if the disbursements out of the investment account exceed the contributions into it.

PIT taxable income on capital gains

A positive difference must be included in the annual income tax return and subject to income tax. If PIT has already been withheld from income from trading in securities or deposit services, then you will be able to reduce your taxable income by this amount.

Preparing the annual income tax return

You will be provided with an opportunity to receive your investment account statement to be used as a basis for completing your annual income return.

Services Fees
Opening, servicing per month, closing Free of charge

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