Wealthy Danes who want to make a deposit will need to pay up
Denmark: Lego, NOMA, and negative interest rates.
(From Reuters)
This year, Danish banks were among the first to pass those costs on to private clients. A Dane who deposits at least 750,000 crowns at the banks that have announced negative rates will pay the banks 0.75% to hold them for him.
Reprinted from: https://www.ac2news.com/2019/11/wealthy-danes-who-want-to-make-a-deposit-will-need-to-pay-up/
