Source: https://www.kbc.be/retail/en/products/saving/savings-accounts/start2save4.html
Timestamp: 2017-09-26 18:21:07
Document Index: 265375646

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with a KBC Start2Save4
KBC Start2Save4 stopped being sold on 1 January 2017.
This page is solely for clients holding a KBC Start2Save4 Account.
You can only put money into a KBC Start2Save4 Account by means of a monthly automatic savings order. That can be up to 500 euros euros a month. The funds can come from a KBC account or an account held with another financial institution.
Features of KBC Start2Save4
Saves on tax: Individuals are exempt from withholding tax (currently 15%) on the first 1,880 euros of interest earned each year (2017 figure).
Risk: Your entire deposits with KBC Bank up to a maximum of 100.000 euros per person are guaranteed subject to certain conditions. In the event of the KBC's insolvency (e.g., if it goes into bankruptcy), you run the risk of losing any deposits you have over 100.000 euros, or their amount could be reduced or converted into shares. You can obtain a copy of our 'Protection of deposits and financial instruments in Belgium' brochure from your KBC branch or from www.kbc.be/depositprotection.
Constant availability: A KBC Start2Save4 Account is an open-ended product. You can withdraw funds from your KBC Start2Save4 Account at any time and without charge.
Earnings on a KBC Start2Save4 Account
KBC Start2Save4 is a regulated savings account with a third-party beneficiary clause from KBC Bank NV, Belgium, and is governed by Belgian law. A KBC Start2Save4 Account is in the name of one private individual. Only one KBC Start2Save4 Account may be opened for each beneficiary. You can only save on a KBC Start2Save4 Account through a single monthly automatic savings order in a fixed amount of no more than 500 euros.
Just create a monthly savings order of up to 500 euros, and each month the amount will be transferred automatically onto your KBC Start2Save4 Account.
The funds can come from a KBC account or an account held with another financial institution.