Important information about the Apex Unity Instant Savings account for customers residing in Belgium

Risks

The Apex Unity Instant Savings Account is a non-regulated savings account of Apex Unity Bank AG. The offer is provided under German law, which means that German law applies. Risk of bankruptcy: Your savings are protected up to €100,000 by the German Deposit Guarantee Scheme. If there is a risk of bankruptcy or Apex Unity going bankrupt, you could potentially lose any deposits you have over 100,000 euros, or their amount could be reduced or converted into shares. Risk of inflation: The Apex Unity Instant Savings account is also subject to inflation risk, where an increase in prices can reduce your purchasing power.

Costs

The opening and closing of an Apex Unity Instant Savings account is free of charge. There are also no costs for managing this savings account. Apex Unity Instant Savings accounts are available for customers who have a free Apex Unity Standard or Apex Unity Business Standard account, but also for customers who have premium Apex Unity accounts: Apex Unity Smart or Apex Unity Business Smart, Apex Unity You or Apex Unity Business You, and Apex Unity Metal or Apex Unity Business Metal account, which cost €4.90/month, €9.90/month, and €16.90/month, respectively. The price list for Apex Unity is available here.

Taxes

The Apex Unity Instant Savings account is provided under German law. No withholding tax is being collected. The declaration and payment of taxes in Belgium should be taken care of by the customer, following Belgian regulations. In theory, interest income on the Apex Unity savings account earned should be included in the tax declaration and generally taxed at a rate of 30% but the user should review their specific case with a tax advisor. Withholding taxes may apply for customers who are residents of Germany, in which case Apex Unity will withhold taxes on paid interest.

Duration of the account

The duration of the Apex Unity Instant Savings account is unlimited.

Important documents

Please review the following documents before you open an Apex Unity Instant Savings account. You can find the pre-contractual information for Apex Unity Instant Savings accounts here. The Apex Unity Instant Savings account's Terms and Conditions are available for reference on this page. No key information documents are available for unregulated savings accounts.

Dispute resolution

If you need assistance with your account, have questions about card payments, need to update your information, or have any other inquiries, our Customer Service agents are available daily and ready to help resolve your issues or concerns. For more information please visit our Support Center: How to Contact Apex Unity? If you are dissatisfied and believe that our customer service could not help you sufficiently with your issue or concern, find all the information you need to file a complaint here.