Terms & Conditions

These Terms & Conditions are applicable to our products. These are:
(1) the General Conditions 2009 and
(2a) the Product Conditions for Consumer Savings or
(2b) the Product Conditions for Business Savings (depending on the kind of account which you have).

1. General Conditions
The General Conditions apply to every person who requests an account with LeasePlan Bank and – after having been accepted by LeasePlan Bank – to every account holder.
Download the General Conditions

2a. Consumer Savings
The Product Conditions for Consumer Savings apply to every individual who requested a Consumer Savings Account with LeasePlan Bank and – after having been accepted by LeasePlan Bank – to every account holder.
Download the product conditions Consumer Savings

2b. Business Savings
The Product Conditions for Business Savings apply to every person who requested a Business Savings Account with LeasePlan Bank and – after having been accepted by LeasePlan Bank – to every account holder.

From 1 September 2011 LeasePlan Bank knows two versions of Product Conditions for Business Savings. The version applicable to you depends on when you requested and opened an Internet Savings Account with LeasePlan Bank.

Account requested and opened on or after 1 September 2011
Download the "Product Conditions for Business Savings" applicable to Business Saving Accounts requested on or after 1 September 2011

Account requested for and opened before 1 September 2011
Download the "Product Conditions for Business Savings" applicable to Business Saving Accounts requested before 1 September 2011

Frequently asked questions new Product Conditions Business Savings

What are the most important changes?
The new Product Conditions Business Savings mainly know textual changes. Other changes are in your advantage.

1. Identity. We added that LeasePlan Bank can also accept other proofs of identity than passports, driver’s licenses and Dutch ID-cards. The condition is that these other IDs do have to be valid within the Netherlands (article 1).

2. Maximum amount Internet Savings Account. There will be a separate limit for the Internet Savings Account (1,000,000 euro) and for term deposits (4,000,000 euro). According to the old product conditions there is only one maximum amount for the internet savings account including any term deposit (1,000,000 euro) (article 7.3).

3. Ending extended term deposits. An extended term deposit can be ended within 14 days as well now. We do charge costs of 100 euro for such cancellation (article 9.9).

What product conditions apply to my products?
Did you open a business savings account before 1 September 2011? Per 1 September new product conditions apply to your products, unless you inform us by e-mail before 30th of November that you object to these new conditions. In that situation the old conditions will stay applicable to your products. We then will cancel all your products (including the internet savings account), while respecting existing terms of any term deposit you may have.

Did you open a business savings account after 1 September 2011? The new product conditions already apply to your products.

Where can I find the new Product Conditions Business Savings?
You can find the new product conditions here.

What are the changes?
We mainly amended the text for reasons of clarity. The other changes are to your advantage.

I do not accept the new Product Conditions Business Savings. Does this have consequences for my current products and for products I may want to purchase in the future?
In case you do not accept the new product conditions, the old conditions will stay applicable to your products. Because the new conditions will become applicable to all products, you will not be able to purchase new products with LeasePlan Bank. It will also be not possible to extend any product. We will cancel your internet savings account, while respecting existing terms of any term deposit you may have.

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