Legal changes 1 January 2023, unless otherwise specified

Now that KBC Premium Banking is to become part of KBC Private Banking as of March 2023, we have given our services a solid upgrade to enable us to focus more closely on your needs. We look forward to welcoming you to this new experience.

What happens next?
Your relationship manager will contact you during 2023 to explain what this entails for you. Important: your KBC Premium Service Agreement is due to change and will be renamed KBC Private Banking Global Service Agreement The change will take effect after your relationship manager has spoken to you.

These are the main changes to the service agreement:

• Depending on your investment profile, we will invite you to a meeting at least once or twice a year to discuss your portfolio. We will check whether it is still properly invested and provide you with a report on it. If your portfolio is no longer suitable or improvements can be made, we will provide you with investment proposals in the "Overview of advice".
• If your portfolio contains shares, you can opt for the extended share service subject to certain conditions. If you don’t want that service, you will receive the basic share service for a basic fee.
• You will be able to deviate from the standard investment strategy in accordance with your investment profile.
• You will gain access to a wider range of additional services.

Your fixed service fee and reduced fund entry charges remain unchanged until first billing in 2025, after which KBC Private Banking’s rates and charges will apply. As regards the share service, KBC Private Banking’s rates and charges will take effect immediately after your relationship manager has spoken to you.

Get the full service agreement or obtain a free copy from your relationship manager.

Now that KBC Premium Banking is to become part of KBC Private Banking as of March 2023, we have given our services a solid upgrade to enable us to focus more closely on your needs. We look forward to welcoming you to this new experience.

What happens next?
Your relationship manager will contact you during 2023 to explain what this entails for you. Important: your KBC Premium Service Agreement is due to change and will be renamed KBC Private Banking Global Service Agreement The change will take effect after your relationship manager has spoken to you.

These are the main changes to the service agreement:

• Given that you chose the "Invest for Me" option, your profile approach changes to the portfolio approach, i.e. each time we provide advice, we take account of the risks attached to individual investments and, additionally, the impact on your total portfolio.
• Depending on your investment profile, we will invite you to a meeting at least once or twice a year to discuss your portfolio. We will then check whether it is still properly invested and provide you with a report. If your portfolio is no longer suitable or improvements can be made, we will provide you with investment proposals in the "Overview of advice".
• If your portfolio contains shares, you can opt for the extended share service subject to certain conditions. If you don’t want that service, you will receive the basic share service for a basic fee.
• You will be able to deviate from the standard investment strategy in accordance with your investment profile.
• You will gain access to a wider range of additional services.

Your fixed service fee and reduced fund entry charges remain unchanged until first billing in 2025, after which KBC Private Banking’s rates and charges will apply. As regards the share service, KBC Private Banking’s rates and charges will take effect immediately after your relationship manager has spoken to you.

Get the full service agreement or obtain a free copy from your relationship manager.

• KBC Private Banking’s share service has been changed.
  

- Every client with shares in their KBC Private Banking Advisory Portfolio receives the basic share service as standard.
- Clients with a specific interest in shares and an Advisory Portfolio worth at least 150,000 euros can opt for an extended share service against payment of a higher percentage advisory fee

Full details of both the basic and extended share service are provided in Article 7 of the Global Service Agreement.
 

• The percentage fee for shares in your KBC Private Banking Advisory Portfolio will change on 1 April 2023. New rates and charges.
  

Your relationship manager will talk to you in person about the impact of these changes on your portfolio the next time you get together. Get the full service agreement or obtain a free copy from your relationship manager.

A number of significant changes have been made to the Key Investor Information Document (KIID):

• Information on costs has become more transparent.
• Historical returns have been replaced by performance scenarios.
• The document now has the form and content of the Key Information Document (KID), which you will recognise from insurance products and structured products. You can then compare the risks, charges and their impact on return to help you make an informed choice before investing.
  

You can find the updated document in the fund finder (search by entering your fund’s name or ISIN, as listed in the "Overview of Securities on Account", which you receive every quarter). You can, of course, also obtain a free copy at your KBC branch.

Following an amendment to the European regulations, a number of significant changes were made to the KID for the investment fund(s) you purchased from us.

These include revised performance scenarios, cost indicators, a change in the methodology for calculating transaction costs, and the requirement for certain types of products to publish information on past performance.

You can find the updated document in the fund finder (search by entering your fund’s name or ISIN, as listed in the annual overview that you receive in March). You can, of course, also obtain a free copy at your KBC branch.

Following an amendment to the European regulations, a number of significant changes were made to the KID for the investment product(s) you purchased from us.

The main changes to the new KID are (list not exhaustive): new calculation methodologies and revised presentation of performance scenarios, a revision of summary cost indicators and a change in the calculation methodology for transaction costs.

You can find the updated document using the search bar (search by entering the name or ISIN of your investment product). Your investment product can be found in the list of ISINs. You can, of course, also obtain a free copy at your KBC branch.

Following an amendment to the European regulations, a number of significant changes were made to the KID for the savings-linked and/or investment-type insurance product(s) you purchased from us.

The main changes to the new KID are (list not exhaustive): new calculation methodologies and revised presentation of performance scenarios, a revision of summary cost indicators, a change in the calculation methodology for transaction costs and a change in the requirement for certain types of products to publish information on past performance.

Get the updated document (search by entering the name of your savings-linked and/or investment-type insurance product, as listed in the annual overview that you receive in March). You can, of course, also obtain a free copy at your KBC branch.

This document explains how investment advice complies with MiFID legislation, what the implications are for you and what you can expect from us in the investment process and when.

The recent changes are only relevant for clients who receive wealth management advice.
The Advisory Approach to Investments distinguishes between the positions we provide advice on and those you have to monitor yourself.

Find out more about the KBC Advisory Approach to Investments.

The guaranteed interest rate has been increased from 0.50% to 1.70%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until the contractual retirement age. 

The guaranteed interest rate has been increased from 0.30% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until the contractual retirement age. 

The guaranteed interest rate has been increased from 0.50% to 1.70%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until the contractual retirement age. 

The guaranteed interest rate has been increased from 0.30% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until the contractual retirement age. 

The guaranteed interest rate has been increased from 0.40% to 1.70%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until the contractual retirement age. 

The guaranteed interest rate has been increased from 0.30% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until the contractual retirement age.

The guaranteed interest rate has been increased from 0.30% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until the contractual retirement age.

The guaranteed interest rate has been increased from 0.30% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until the contractual retirement age.

The guaranteed interest rate has been increased from 0.75% to 1.75% and that rate will be guaranteed until 31 December 2047. 

This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply.

The guaranteed interest rate has been increased from 0.50% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until your contract ends. 

The guaranteed interest rate has been increased from 0.50% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until your contract ends. 

The guaranteed interest rate has been increased from 0.50% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until your contract ends. 

The guaranteed interest rate has been increased from 0.50% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until your contract ends. 

The guaranteed interest rate has been increased from 0.50% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until your contract ends. 

The guaranteed interest rate has been increased from 0.50% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until your contract ends. 

The guaranteed interest rate has been increased from 0.50% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until your contract ends. 

The guaranteed interest rate has been increased from 0.50% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until your contract ends. 

The guaranteed interest rate has been increased from 0.50% to 1.50%. This rate only applies to new deposits that we receive on or after 1 January 2023. The interest rate on amounts that you saved before then will continue to apply until your contract ends. 

Your contract has a guaranteed interest rate up to a certain premium limit. For new deposits above that limit, the interest rate has gone up from 0.50% to 1.50%.

This rate only applies to your deposits that we receive on or after 1 January 2023 and that exceed the annual premium limit in your contract. The interest rate on amounts that you saved before then will continue to apply until your contract ends. 

Your contract has a guaranteed interest rate up to a certain premium limit. For new deposits above that limit, the interest rate has gone up from 0.50% to 1.50%.

This rate only applies to your deposits that we receive on or after 1 January 2023 and that exceed the annual premium limit in your contract. The interest rate on amounts that you saved before then will continue to apply until your contract ends.

Your contract has a guaranteed interest rate up to a certain premium limit. For new deposits above that limit, the interest rate has gone up from 0.50% to 1.50%.

This rate only applies to your deposits that we receive on or after 1 January 2023 and that exceed the annual premium limit in your contract. The interest rate on amounts that you saved before then will continue to apply until your contract ends.

Your contract has a guaranteed interest rate up to a certain premium limit. For new deposits above that limit, the interest rate has gone up from 0.50% to 1.50%.

This rate only applies to your deposits that we receive on or after 1 January 2023 and that exceed the annual premium limit in your contract. The interest rate on amounts that you saved before then will continue to apply until your contract ends.

In your contract stipulating a guaranteed interest rate up to a certain premium limit, the guaranteed rate for new deposits over and above that target limit was increased from 0.50% to 1.50% for deposits made on or after 1 January 2023.

The new interest rate only applies to the portion of your deposits that we receive on or after 1 January 2023 and that exceeds the annual premium limit in your contract. The interest rate on amounts that you saved before then will continue to apply until your contract ends.