ABN AMRO appeared in tonight’s episode of television programme Radar to share more details about its interest rate averaging concept. The bank is set to introduce this feature for its clients later this year.
ABN AMRO plans to make interest rate averaging available through Internet banking starting 1 July of this year. The bank had already appeared on Radar in December last year to announce its ambition to offer interest rate averaging in 2016. At the time, the bank expected that it would need at least six months to prepare the relevant operations.
Although the bank’s people are working to make this happen, interest rate averaging is not yet available to clients. Clients for whom this feature might be interesting can find out more at abnamro.nl (in Dutch).