Your cash account is used to allow Ardan to buy or sell assets, pay withdrawals or pay plan charges and fees on your behalf.
This cash is held in bank accounts. Interest rates remain low for certain currencies and as a result negative interest rates may apply on short-term deposits such as overnight deposits and savings accounts.
Any negative interest will be applied to the positive cash balances you hold at the end of each calendar month. For information on the rates applicable to overdrawn cash accounts, please contact us.