No Fees, No Charges, just Pure Profit? Iban Wallet

As announced recently, the European Central Bank (ECB) has decided to double down on its policy regarding negative interest rate. This means that the banks in Europe are liable to pay 0.5% interest for depositing their spare cash. The move has been done to jump-start the economy, which has struggled quite a bit. This decision of the ECB to charge negative interest rate does not exactly bring significant macroeconomic changes, but it does affect people nevertheless. 

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