The current approach seems to be negative rates on deposits over a certain amount. E.g. ING Belgium will have a -0.5% interest on deposits over 250K EUR startin

The current approach seems to be negative rates on deposits over a certain amount. E.g. ING Belgium will have a -0.5% interest on deposits over 250K EUR starting next month[1]. Rabobank.be simply decided to close all accounts[2], which is another way to get rid of customer deposits while avoiding mobs. It will increase the pressure on the other banks who will receive those deposits though. [1] https://www.ing.be/en/retail/daily-banking/savings-accounts/interest-and-conditions https://www.ing.be/en/retail/daily-banking/savings-accounts/... [2] https://www.brusselstimes.com/news/business/174304/200000-belgians-look-for-a-new-bank-as-rabobank-shuts-down/ https://www.brusselstimes.com/news/business/174304/200000-be...