PostFinance will introduce an interest limit of 10 million francs on business accounts as of 1 March 2015. Major customers and banks will also be charged a fee on the credit balance that exceeds their individual customer threshold.
The Swiss National Bank introduced negative interest of -0.75% on sight deposit account balances with effect from 22 January 2015. PostFinance is directly affected by this measure and pays negative interest on part of its sight deposit account balance. PostFinance will therefore introduce an interest limit of 10 million francs or 10 million euros on business accounts as of 1 March 2015. Assets that exceed this amount will no longer earn interest until further notice.