|Term deposit||3 months||1.35%|
|Term deposit||6 months||1.45%|
|Term deposit||9 months||1.60%|
|Term deposit||1 year||1.75%|
|Term deposit||2 years||2.00%|
|Term deposit||3 years||2.25%|
|Term deposit||4 years||2.50%|
|Term deposit||5 years||2.75%|
|Term deposit||3 months||1,35%|
|Term deposit||6 months||1,45%|
|Term deposit||9 months||1,60%|
|Term deposit||1 year||1,75%|
|Term deposit||2 years||2,00%|
|Term deposit||3 years||2,25%|
|Term deposit||4 years||2,50%|
|Term deposit||5 years||2,75%|
Rates are correct as at 01.10.2020
As an online bank we can offer great rates and we try to keep all our fees as low as possible.
|Izola Pro Bank Card||€ 5|
|Account Maintenance Fee (per current account)||€ 15|
|Credits to your account||Free|
|Transfers - between own accounts||Free|
|Transfers - destination account held with Izola Bank||Free|
|Transfers - destination account held with another bank
Payments in euro in Belgium or other EU member states with beneficiary's account in IBAN format, SWIFT BIC code and charges indicated as shared (SHA).
|Manual repair fee for all transfers||€ 8|
|Administration charge for early closure of term deposit||€ 15|
|Confirmation letter to auditors (on request)||€ 20|
|Direct debit instructions||Free|
These rates are exclusive of VAT (if applicable) and are subject to revision from time to time.
Enjoy the flexibility of managing your Izola Pro Account wherever you are.
If you are based in Belgium you can opt to apply for an Izola Pro Credit Card which gives you the flexibility of purchasing goods from Van Marcke without large up-front costs. You can still enjoy the exclusive discount for prompt payment when using this credit card facility. We currently offer two credit card limits:
On a monthly basis you will need to pay 15% of the outstanding balance or €50, depending on which is higher. If the amount owing is less than €50 then the whole balance will be debited.
|Card fees Izola Pro Credit Card||€ 5|
|Maintenance charge – Silver Credit Card||€ 25|
|Maintenance charge – Gold Credit Card||€ 50|
|Default of payment administration charge*||€ 20|
*Unpaid direct debit re credit card minimum amount due. These rates are exclusive of VAT (if applicable) and are subject to revision from time to time.
Please note Izola Pro Credit Cards are only available when purchasing goods from Van Marcke. Currently only available in Belgium. Terms and Conditions apply.
Terms and conditions apply for both business loans and overdrafts. Please contact our Help Centre team to find out more.
If you are a professional that purchases goods from Van Marcke in either Belgium or France than you are eligible for an exclusive Izola Pro account. This applies for companies and for sole traders.
Our team will be more than happy to help guide you through the application process. There is certain information you will need to have available so if you email us or call us to express your interest we will come back to you with the details.
We pay all credit interest gross to our customer (i.e. without deducting withholding tax). If no other financial intermediary deducts the withholding tax, it is your responsibility to declare this income to the relevant government in your annual tax return. Using our services, you can always print a quarterly position report stating the credit interest earned and any debit interest accrued, so that the amount to be indicated on your tax return has already been calculated. Please note if your financial year differs from the calendar year, can request this statement from us. Please allow one month for this to be set up.
The Izola Pro account is designed to pay your Van Marcke invoices and to make transfers to third parties via online banking and the Izola Pro Mobile App. Izola Pro does not allow cash withdrawals and is only an online account, therefore no bank card is needed.
It may take up to 2 working days before the funds arrive in your Izola Pro account (depending on your primary bank). If you do not want to miss out on the 3% discount can opt for an internal Direct Debit, so that the invoices are automatically paid on the day you receive them.