Dear customer,
please be informed that European Central Bank has made an adjustment to Deposit facility interest rate, with effect as of 27th July 2022, increasing it from -0,5% to 0.00%.
Considering information stated above OP Corporate Bank being able to lift negative interest rate charges applied to customers cash balances held in operational accounts above one million euro.
Starting from 27th of July 2022, unlimited EUR account balances may be kept at OP Bank accounts without any negative interest charges.
Best regards,
OP Corporate Bank plc Latvia branch
Cash Management
+371 67804868