Earn balance cashback on safeguarded accounts

amnis customers receive cashback for any funds with a positive balance in USD, GBP, and CZK held in their amnis account. No interest will be passed on in any other currencies. Client relationships with a negative balance in any currency are not entitled to receive balance cashback from interest.

We forward interest for both business and private accounts held at AMNIS Europe AG. The cashback is applicable for any funds with a positive balance in USD, GBP, and CZK. We do not pass on interest for declined or closed accounts, client relationships with a negative balance in any currency, if you have opted out of the program or breached the customer agreement contract.

All amnis customers are automatically forwarded interest on business accounts as well as private accounts.

On the first working day at the beginning of the new month, the values of the individual days are added together to calculate the total amount of cashback. This amount is then transferred as interest to your account balance on a monthly basis within the first 10 days of the following month.

All amnis customers are automatically forwarded interest on business accounts as well as private accounts. If you wish to opt out, you can do so at any time on a business-partner level. Simply contact your account manager via email or telephone to make the necessary changes.

AMNIS Europe AG operates within the tax jurisdiction of Liechtenstein, where cashback is not subject to withholding tax.

However, while this cashback is not subject to withholding tax in Liechtenstein, it is advisable to seek independent advice or consult with the tax authority of your own country of residence regarding your tax status. Additionally, we are working on creating a tax statement to assist with your tax reporting, if applicable.

With amnis, there are no limits – neither blocking periods nor maximum amounts. The money is available to customers in their payment account at any time. Interest is paid on balances in USD, GBP and CZK. At banks, companies often receive little or no interest on current or business accounts.

Moreover, most banks do not pay interest on foreign currency accounts. With our solution, we therefore enable companies not only to save transaction costs, but also to earn interest on their balances.

Our partner banks use the ECB day count (act/360) to calculate the interest. We calculate your account balance at the end of each day and multiply this amount by the proportion of the applicable interest rate per year that applies to the day in question (based on the act/360-day interest method). All the values for the individual days are then added together and the total amount is transferred on a monthly basis to your account balances.

As a regulated payment institution, we secure customer funds at all times in bankruptcy-protected trust accounts at institutions with a high credit rating (minimum Standard & Poors rating of “A”).