How is the termination fee calculated?

The termination fee is calculated using this formula:

Nominal * (Max(‘i-actual’ - ‘i-contract’,0%) + 0.50%) * (‘days’ /365)

• Nominal= the invested amount of the term deposit account
• Max (x,y)= takes the maximum of the 2 values x or y
• i-actual= current interest rate of a term deposit account that starts today and whose termination date is equal to the original maturity date of the term deposit account that is being terminated
• i-contract= the interest rate applicable to the term deposit account to be closed
• days= the number of days between the date of termination of the term deposit account and the original maturity date of this term deposit account