AKB Public Corporation Account

Account for the public sector
Only for customers in the canton of Aargau and region

Business type:

Public-sector entity

Currency:

CHF, EUR

Requirements:

For public corporations.

Interest rate:

0% per year.

Debit interest on overdrafts:

Overdraft interest rate for current account overdrafts (CHF): 7.5% per annum (plus 0.25% commission per quarter); charged quarterly.

Withdrawals:

Unlimited withdrawal options.

Credit cards:

Mastercard Business Card Silver: CHF 96 per year (additional card CHF 48 per year).
Mastercard Business Card Gold: CHF 168 per year (additional card CHF 84 per year).

Capital payment:

Nonrecurring costs of capital payment account for GmbH or AG: 0.1%, minimum CHF 200.

Account management costs:

Account opening: free of charge.
Account management costs: free of charge.
Close-out of account: free of charge.
Statements of account: 1 statement per quarter free of charge, subsequent statements CHF 2 per piece. Postal fees will be charged. Electronically free of charge.
Account closure (quarterly): free of charge.

Payment transaction costs:

Incoming payment in CHF (Switzerland): free of charge.
Electronic payment order (Switzerland): CHF: free of charge.
Electronic payment order (abroad): SEPA EUR payments free of charge; other currencies (non-SEPA) CHF 4.
Non-electronic payment order: depending on order type.
Permanent order: Execution (Switzerland in CHF): free of charge.
Payment by direct debit (LSV): free of charge.

Purchases:

Debit Mastercard: free of charge.
Purchases in Switzerland in CHF: free of charge.
Purchases in foreign currencies and abroad: CHF 1.50.

Cash withdrawals:

Cash withdrawal at own ATMs: free of charge.
Cash withdrawal at ATMs of other banks in CHF: CHF 2 per withdrawal.
Cash withdrawal abroad: CHF 5 in addition to foreign exchange rates.

Special services:

Debit Mastercard, Mobile banking, Online banking, Credit card

Software:

Not specified.

General information:

Account for public corporations of Aargauische Kantonalbank.