You specify the execution of your savings plan orders. Choose at which intervals money is withdrawn from your cash account from the following options:
- weekly
- bi-weekly
- monthly
- quarterly
Key details:
- You can also decide whether the execution should take place on the 2nd, 9th, 16th and 23rd of the month. However, savings plans can only start from the 2nd or 16th of the month. Execution takes place on the respective day during XETRA opening hours between 9:00 and 17:30 CET.
- The exact execution time will depend on the countries of origin of the underlying assets. The execution date is displayed in your app via Wealth > Orders & Insights > Savings Plans alongside the name of the security to be deposited.
- Savings plan executions are carried out according to standardized and automated processes. Even if there is no guarantee that the cheapest prices on a particular execution day will be obtained, we try to ensure the best execution in the long term.
Make sure your savings plan will get executed, regardless of your cash balance, by setting up direct debit from your reference account (if available in your country).