Your total costs
Your costs essentially consist of two elements: the management fees, calculated each year on the value of your portfolio, and the transaction fees (and foreign-exchange costs) when you buy and sell. Nothing else: no in-house fund charges. Estimate your total below, then see the detailed management-fee calculation and our full tariff.
Simulate your costs
Estimated total annual cost (incl. VAT)
€5,893
0.59% of the portfolio
- Management fee (incl. VAT)€4,235
- Transaction fees€1,500
- Currency exchange€158
Adjust the assumptions and see how it adds up over 5, 10 and 20 years
Over time
| Horizon | Cumulative costs | Average annual cost (% of average value) | Estimated portfolio value |
|---|---|---|---|
| 5 years | €32,179 | 0.59% | €1,240,869 |
| 10 years | €72,108 | 0.59% | €1,539,757 |
| 20 years | €177,933 | 0.57% | €2,376,700 |
Illustrative simulation: constant assumptions, thresholds not indexed in the future, excluding taxes (stock-exchange tax, withholding tax) and independent of actual returns, which vary. It is neither a promise of return nor investment advice.
Management fees per wealth tranche
Tariff information on the management fees charged by the Bank for its investment advice. Enter the value of the portfolio to calculate the annual fees, cumulatively, tranche by tranche.
Annual management fees
Show the calculation and the fee schedule
The fees are cumulative: each tranche is charged at its own rate, only on the part of the assets that falls within it.
| Tranche | Basis | Rate | Fees per year |
|---|---|---|---|
| On the first EUR 1,600,690.19 | €1,000,000 | 0.35% | €3,500 |
| From EUR 1,600,690.19 to EUR 4,695,357.90 | €0 | 0.20% | €0 |
| Above EUR 4,695,357.90 | €0 | 0.12% | €0 |
| Total excl. VAT | 0.35% | €3,500 | |
| VAT 21% | €735 | ||
| Total incl. VAT | 0.42% | €4,235 |
Management fee schedule
Applied cumulatively, tranche by tranche. Minimum EUR 20.66 per quarter and per account. Indexed annually.
| Tranche | Rate per year |
|---|---|
| Up to EUR 1,600,690.19 | 0.35% |
| EUR 1,600,690.19 to EUR 4,695,357.90 | 0.20% |
| Above EUR 4,695,357.90 | 0.12% |
Indexation. The tranche thresholds (EUR 1,500,000 and EUR 4,400,000 in 2023 base values) are indexed annually to the consumer price index (base 1996 = 100, source Statbel); the amounts shown in this table take that indexation into account. The rates (0.35 / 0.20 / 0.12%) and the minimum per account are not indexed and remain fixed.
Cost per wealth tranche
Annual management fees for reference amounts, illustrating how the rate decreases.
| Portfolio | Annual fees excl. VAT | % excl. VAT | Annual fees incl. VAT | % incl. VAT |
|---|---|---|---|---|
| €50,000 | €175 | 0.35% | €212 | 0.42% |
| €100,000 | €350 | 0.35% | €424 | 0.42% |
| €500,000 | €1,750 | 0.35% | €2,118 | 0.42% |
| €1,000,000 (your portfolio) | €3,500 | 0.35% | €4,235 | 0.42% |
| €1,500,000 | €5,250 | 0.35% | €6,353 | 0.42% |
| €3,000,000 | €8,401 | 0.28% | €10,165 | 0.34% |
| €5,000,000 | €12,157 | 0.24% | €14,710 | 0.29% |
| €10,000,000 | €18,157 | 0.18% | €21,970 | 0.22% |
| €20,000,000 | €30,157 | 0.15% | €36,490 | 0.18% |
The costs related to instruments and transactions (brokerage commissions, foreign-exchange costs, stock-exchange tax, ongoing charges of third-party products) and the illustration of the impact of costs on return are set out in §9 of your suitability statement.
Note. This information concerns only the management fees charged by the Bank for its investment advice service. They are charged quarterly on all assets under advice (securities, registered shares, cash, precious metals and other assets), with a minimum of EUR 20.66 per quarter and per account, and are applied cumulatively, tranche by tranche. The tranche amounts are indexed annually to the consumer price index (base 1996 = 100, source Statbel; base index at 31/12/2022 = 179.66); the thresholds shown are indexed to the index of 31/12/2025 (191.72). VAT of 21% applies to the management fees. Stock-exchange tax and other taxes are not included. This is general tariff information and does not constitute personalised investment advice.
General tariff
In force since 01/01/2023. All amounts exclude taxes (VAT, stock-exchange tax, withholding tax, foreign taxes). Applies to each account with investment advice, individually.
Management fees
Charged quarterly, a quarter at a time, on cash, securities, registered shares, precious metals and other assets. Thresholds indexed yearly.
| ≤ 1,600,690.19 EUR | 0.35% |
| 1,600,690.19 – 4,695,357.90 EUR | 0.20% |
| > 4,695,357.90 EUR | 0.12% |
Minimum EUR 20.66 per quarter and per account.
Transaction fees
Calculated on the gross value of the transaction, per slice; not subject to VAT.
| Shares (main exchanges of developed countries, over the counter) | 1.00% up to EUR 50,000 · 0.40% from EUR 50,000 to 500,000 · 0.20% above |
| Bonds (purchases, sales, subscriptions, redemptions) | 0.75% up to EUR 50,000 · 0.30% from EUR 50,000 to 500,000 · 0.15% above |
| Investment funds | 2.00% up to EUR 50,000 · 0.80% from EUR 50,000 to 500,000 · 0.40% above, plus the fund’s own charges |
| Other exchanges, other products | on request; gold: 1% |
Minimum EUR 25 per transaction (EUR 100 for funds and other products), capped at 20% of the gross amount.
Sales on Euronext Expert Market: 0.50% surcharge.
Currency exchange
| Commission on currency exchange | 0.35% |
Current account
| Opening, closing, postal correspondence | free |
| Credit interest (EUR, USD) | reference rate (ECB / Fed) minus 1.50% |
Payments
| SEPA transfers in EUR | free; from the 8th manual payment a year to a third party: EUR 25 |
| Urgent surcharge | EUR 25 (under EUR 15,000) · EUR 150 (from EUR 15,000) |
| Non-SEPA transfers | on request |
| Cheques | max. EUR 50 + correspondent’s fees |
| Cash withdrawals | max. EUR 25 (+ correspondent’s fees in foreign currency) |
Securities transfers
| Incoming | free |
| Outgoing shares and bonds | EUR 50 per line + correspondent’s fees |
| Outgoing gold | EUR 100 per line + correspondent’s fees |
Corporate actions
| Coupons on Belgian securities; splits, allotments, spin-offs | free |
| Coupons on foreign securities | 1% + any correspondent’s fees |
| Takeover bids, mergers, exchange offers, capital repayments | 0.30% (0.20% on the slice above EUR 140,000) |
Miscellaneous
| Recovery of double taxation | 10% of the amount recovered (min. EUR 10, max. EUR 250) |
| Registration of securities in the holder’s name | EUR 100 per request and per security |
| Estate files | max. EUR 300 the first year, max. EUR 150 the following years |
| Research | max. EUR 100 per hour (min. EUR 200) |
| Certificates | max. EUR 100 per request and per account |