On the first working day at the beginning of the new month, the values of the individual days are added together to calculate the total amount of cashback. This amount is then transferred on a monthly basis to your account balance within the first 10 days of the following month.
amnis enables companies to generate interest income from various currencies. As a regulated payment institution, we safeguard customer funds at all times in segregated bankruptcy-protected fiduciary accounts at trusted institutions with high credit ratings.
As interest rates rise, amnis is generating income from the money you entrust to us. We believe it’s only fair to forward this interest on your business’ funds directly to you as our valued customer and partner. It is therefore a balance cashback benefit.
Balance cashback means that anyone who has an amnis account, has not opted out of the program, has not breached the customer agreement contract, and who has a positive balance, receives interest on their EUR, USD, GBP and CZK account balance.