Each week, the UFC solutions one in all your questions. This week: can my bank close my PEL without my consent?
More and extra disputes between banks and their clients are linked to the closure of PELs by banks without their settlement. This is how our affiliation not too long ago needed to sue the Postal Bank earlier than the Paris judicial courtroom as a result of it required sure PEL holders to open a paying present account to be able to make common funds on their PEL. However, nothing obliges a holder of PEL in a bank to carry a present account on this bank. There are solely two guidelines to be adopted scrupulously while you open a PEL.
Two guidelines for an ELP
The first is to make common funds of no less than € 540 annually, at common, month-to-month (€ 45 per thirty days), quarterly (€ 135) or semi-annual (€ 270). This obligation applies throughout the first ten years of the lifetime of the ELP. You can after all make larger funds.
The second, don’t exceed the ceiling of € 61,200 for the whole funds. You should due to this fact keep away from reaching the ceiling earlier than the ten years and hold a margin to have the ability to proceed to make common funds: for instance, don’t pay greater than € 58,500 after 5 years if you wish to hold your PEL for ten years as a result of you’ll have to pay one other 540 € annually for 5 years. If you attain the fee restrict earlier than the ten years, the bank might pressure you to close your PEL.
A safe and worthwhile funding
After ten years, you can not fund your PEL, however it can proceed to earn curiosity so long as you need for PELs opened earlier than February 28, 2011 and a most of fifteen years for these opened after. This is why it’s attention-grabbing to maintain previous PEL which represent a really worthwhile funding given the present charges (0.5% for the livret A, 1% for the PEL opened since August 1, 2016 whereas a PEL opened between August 1, 2003 and January 31, 2015 nonetheless earns 2.5%).