savings
popular livret savings account

POPULAR LIVRET SAVINGS ACCOUNT

Savings

An effective savings account reserved for individuals who pay low taxes

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With a Popular Livret Savings Account, you can invest up to €7,700 and benefit from a 1.25% interest rate.(1)

  • Interest rate
  • 1.25%

In detail

The LEP interest rate

1.25% NET OF TAXES A PROFITABLE INVESTMENT ACCOUNT

You can invest up to €7,700 at the rate of 1.25% (on 2015-08-01), net of taxes and social security contributions. You are insured to recover your capital plus interest.

Eligibility

TAXABLE INCOMEIT'S ADVANTAGEOUS

The reference taxable income of the year preceding that in which the the tax is established may not exceed the limit defined by the public authorities each year (see Art. 1417 CGI (Code Général des Impôts) [French General Tax Code])

Tax exemption

UP TO €15,400REMEMBER YOUR SPOUSE

Your spouse can also hold a Popular Livret Savings Account permitting you to save up to €15,400 in total tax exemption.

Transfers

ADD FUNDS AT YOUR DISCRETION OR BY AUTOMATIC TRANSFERTHAT'S FREEDOM

Choose how you want to add funds to your Popular Livret Savings Account (at your discretion or via automatic transfers) and the amount to be deposited.

Further details

Detailed characteristics of the

POPULAR LIVRET SAVINGS ACCOUNT

Download the pdf

  • ELIGIBILITY, INTEREST RATE, ACCOUNT BALANCE LIMIT, TERM, DEPOSITS, WITHDRAWALS
  • VALUE DATE, DOCUMENTATION, TAXATION, CLOSURE
  • POPULAR LIVRET SAVINGS ACCOUNT COVERAGE
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Eligibility

The Popular Livret Savings Account can be opened by any private individual with a tax residence in France whose reference taxable income of the year preceding that in which the tax is established may not exceed the limit defined for each year:

Income to take into consideration for 2018:

Number of shares

Limit

1

€19 467

1.50

€24 666

2

€29 865

2.50

€35 064

3

€40 263

3.50

€45 462

4

€50 661

Extra half-share

€5 199

Interest rate

The Popular Livret Savings Account currently offers a 1.25% interest rate (rate set on 2015-08-01) after tax and social security contributions.

Account balance limit

The balance in your Popular Livret Savings Account may not exceed €7,700, not including accrued interest.

Term

The Popular Livret Savings Account does not have any contractual term.

Deposits

Initial deposit
You must deposit at least €30 in your Popular Livret Savings Account when you open it.

Subsequent deposits
Subsequent deposits may be made at your discretion or set up as automatic transfers, with no minimum per transaction.

Withdrawals

You may make withdrawals from your Popular Livret Savings Account at any time with no minimum per transaction.

(1) Rate applied on 2015-08-01.

FAQ ()

In addition

  • Livret de Développement DurableSavingsSUSTAINABLE DEVELOPMENT LIVRET A secure sustainable development savings account that is available at any time.
  • Protection ÉpargnePersonal insuranceSAVINGS INSURANCEMaximum security savings coverage: keep your livrets and savings accounts safe.
  • Compte EpargneSavingsSAVINGS ACCOUNTAn available savings account with a 0.20% interest rate and no limit.

Have a question?

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For assistance or to make a claim/contest a charge, your advisor can be reached on their direct line (a standard rate call).

BNP Paribas, limited company with a capital of €2,492,770,306 – Headquarters: 16 boulevard des Italiens, 75009 Paris. Registered with the Paris RCS (Trade and Companies Registry) as No. 662 042 449 – EU VAT identification No. FR76 662 042 449 – ORIAS No. 07 022 735.