Short Savings Account

The Short Savings Account is the saving solution for your cash in the short term.

What is the Short Savings Account?

The Short Savings Account is a non-regulated savings account for private individuals and legal entities. It's an ideal basic instrument for saving and building up a cash reserve.


  • Ease of use: The Short Savings Account is very easy to use:
    • You can pay into your account however you like: bank transfer, via PC banking Pro, etc.
    • You can withdraw money from a Short Savings Account by transferring the desired amount to any other BNP Paribas Fortis account in the account-holder's name or the name of a relative of the account-holder up to the second degree.
    • No management costs for active accounts.
  • High liquidity: you have free access to your money every day.
  • Higher return in the short term: the base interest is calculated daily and accrued interest is paid quarterly. The base interest is applied cumulatively to the total account balance. As soon as a deposit has been on account for 91 days, it qualifies for a premium if the total amount is in a rate band of EUR 12,500 or more.

Get full details

The interest rate (expressed as an annual percentage rate) comprises:

  • A base rate, calculated daily. The base rate is not guaranteed and can vary in line with shifts in market conditions.
  • A premium. This is applied to every deposit if:
    • It has remained in the account continuously for at least 91 days;
    • The total amount in the account is at least EUR 12,500 and a maximum of EUR 1,000,000.


The premium is not guaranteed and may change day by day based on possible rate changes.

The base rate and the premium depend on the balance of the account. They are applied cumulatively to the entire balance.



  • Interest is capitalised and credited to the Short Savings Account on 1 January, 1 April, 1 July and 1 October.
  • A savings account cannot have negative balance and so debit interest can never be payable.

Possible transactions using the Short Savings Account are:

  • Cash deposits in euros
  • Cheque deposits (only credited after collection)
  • Transfers from an account at another financial institution
  • Transfers to a BNP Paribas Fortis account opened in the name of the same account-holder or in the name of a relative of the account-holder up to the second degree. The beneficiary's account may be one of the following:
    • A current account
    • A savings account
    • A term account


Transfers to a non-BNP Paribas Fortis account, standing orders and direct debits are not permitted.


NB: maximum one Short Savings Account per customer.

The Short Savings Account is not a regulated savings account and is not therefore entitled to the partial exemption from withholding tax granted to individuals in the legal context of regulated saving. Interest on the Short Savings Account is therefore subject to withholding tax at the full rate.

Special conditions (pdf)

Print full details of this product