The grace period is over: Postbank customers had time till May 1 to agree to the new terms and conditions before their account termination takes effect. Anyone who continues to use a previously free checking account will automatically be asked to make a payment.

Postbank terminates current accounts: What affected customers need to know

Letters of termination have expired: Customers who do not agree to the change in PostBank’s terms and conditions as customers, should have already received the relevant letter of termination. 30 April was the deadline Giro-plus accounts whose holders do not agree to the new terms and conditions.

According to Handelsblatt information from February, there was a The middle five-digit number of customers was affected. Since receiving the letter of termination, however, not every opportunity has passed for them. postal bank to live. “But we would like to have you as our customer. In the second stage, we offer you to conclude a new current account contract with our current prices and terms.

The effectiveness of termination can also be prevented by agreeing to the new terms and conditions, be it in writing or online possible (source: handlesblatt, If you don’t want that, you have to be careful: From May 1, affected current accounts, for which customers have not paid any account management fees since January due to lack of consent, will be transferred to accounts that are subject to the charges.

This means that anyone who continues to use a current account after April 30 – for example by making a transfer, withdrawing money or paying by card – automatically agrees to the new terms. Then a monthly account management fee of 5.90 Euro is payable.

Deutsche Bank likely to lay off further

On the other hand, anyone who leaves the account unused and still does not agree to the terms and conditions will actually be terminated at the end. affected accounts can far June 30 will no longer be used. The reason for the dismissal is the decision of the Federal Court of Justice of last year. Since then banks have been allowed Change in Terms and ConditionsAs such the new account management fee will not remain without the active consent of the respective customers.

Anyone using online banking should know these security procedures:

“We do not want to lose any customers and want to eliminate some legal uncertainty for both parties,” said a spokesman for Deutsche Bank, to which Postbank is also concerned. But Deutsche Bank is also preparing “similar steps for current accounts”. Norrisbank now also charges account management fees for existing customers.