R-TOP savings account

• SECURE: no-risk savings plan
• PROFITABLE: during the promotional periods, you benefit from an attractive return on deposits made with Raiffeisen
• FLEXIBLE: your money remains available and you can withdraw it anytime with no penalty applied
• ACCESSIBLE: no minimum deposit required

CCP clients can open and manage a R-TOP account via CCP Connect. 

For further information, get in touch with the Client Service Centre on 8002 2450.  

Your savings yield a return at a base rate applied to all the funds deposited in your account. 
For new deposits made during a promotional period, you also benefit from additional remuneration on the eligible amounts.

The eligible amount is defined as the amount newly deposited in the R-TOP account during the subscription period, as long as that amount represents a net increase on the total amount of savings held in your own name with Raiffeisen. 

The reference amount taken to calculate this net increase is the highest amount of all the monetary savings held in your own name with Raiffeisen during the reference period defined in the offer.

Hypothetical R-TOP offer - September 2018

For all new funds deposited in the R-TOP savings account between 1 September and 15 October 2018, you benefit from additional remuneration on the eligible amount over a three-month period (from 16 October 2018 to 15 January 2019). 

• Reference period: 31 August 2017 to 31 August 2018
• Subscription period: 1 September 2018 to 15 October 2018
• Bonus period: 16 October 2018 to 15 January 2019

 Explanatory notes

Example 1:

At the start of the subscription period, the amount of savings has not changed with regard to the reference balance. 
In December, you transferred €15,000 from an account in another bank to the R-TOP savings account. 
The R-TOP offer is applicable to the amount that you invested in the R-TOP savings account from 01.12.2017 to 15.01.2018.  Therefore, the additional remuneration is calculated on the amount of €15,000 for the period running from 16.01.2018 to 15.04.2018 and will be credited on the R-TOP savings account on 31.12.2018. 

Example 2: 

Here, we are in the same situation as example 1 to start with, except that in this case, €4,000 is withdrawn from the R-TOP savings account on 10.02.2018. The R-TOP offer is valid for the amount deposited on the R-TOP account in December, and all withdrawals are accounted for on a prorata basis. The additional remuneration is therefore calculated on the basis of €15,000 from 16.01.2018 to 09.02.2018 and, from 10.02.2018 to 15.04.2018 on the basis of €11,000.
As in the first example, the interest is credited to the R-TOP savings account on 31.12.2018 respectively.

Example 3:

The day before the start of the subscription period, the total amount of savings deposited falls below the defined reference balance (maximum amount of savings during the reference period).
Since the savings deposited with Banque Raiffeisen are €1,000 below the reference balance, you will first need to top up your savings to reach the reference balance (maximum amount of savings for the reference year). To receive further information on the reference balance, you may of course contact an advisor at your Raiffeisen agency. 
In December, you transferred €15,000 from an account in another bank to your R-TOP savings account. The R-TOP offer is valid for an amount of €14,000. This amount is calculated on the €15,000 EUR transferred to the R-TOP savings account between 16.01.2018 and 09.02.2018 minus the €1,000 required for savings deposits to reach the reference balance once again. Therefore, the additional remuneration will be calculated on an amount of €14,000 EUR from 16.01.2018 to 15.04.2018. As in the other examples, the interest will be credited to the R-TOP savings account on 31.12.2018 respectively.

Example 4:

At the start of the subscription period, the total savings balance has not changed with regard to the reference balance calculated during the reference period. In December, you transfer €15,000 from your Raiffeisen savings account to the R-TOP savings account. Given that this transaction does not increase your total savings deposited with Raiffeisen Bank, the eligible amount is zero, so unfortunately you will not benefit from the additional remuneration.

Example 5:

At the start of the subscription period, the amount of savings has not changed with regard to the reference balance. The maximum amount is €250,000 under the terms of the offer. In December, your transferred €300,000 from an account in another bank to the R-TOP savings account. The R-TOP offer is applicable to the amount that you invested in the R-TOP savings account in December, taking into account the maximum amount of €250,000. Therefore, the additional remuneration is calculated on the amount of €250,000 for the period running from 16.01.2018 to 15.04.2018 and the interest will be credited on the R-TOP savings account on 31.12.2018 respectively.

 Definitions