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Custody Fee

What does deposit fee mean and why does it apply?
Interest rates are currently at a historic low. As a result, the European Central Bank and the Deutsche Bundesbank are not currently paying interest on fund...
Mon, 1 Nov, 2021 at 9:07 AM
Who is subject to the deposit fee and how much is it for Tomorrow accounts?
The regulation of the deposit fee (Verwahrentgelt) applies to all customers who open an account with us from 01.11.2021. The deposit fee applies to a total ...
Mon, 1 Nov, 2021 at 9:07 AM
Is there a deposit fee on Tomorrow accounts?
Yes, if your total balance with Tomorrow exceeds €50,000. The calculation and collection of the deposit fee (Verwahrentgelt) is done by our partner Solarisb...
Tue, 19 Apr, 2022 at 2:27 PM
How exactly is the deposit fee calculated?
The deposit fee (Verwahrentgelt) is calculated on a daily basis. The account balance overnight is decisive for the calculation.  Here is an example: The...
Mon, 1 Nov, 2021 at 9:07 AM
When is the deposit fee charged?
Our partner Solarisbank debits the amount directly from your main account on the last day of each quarter. Of course, this debit is also shown on your accou...
Mon, 1 Nov, 2021 at 9:07 AM