When you transfer EUR into your EUR Cash Yield account, you subscribe for (buy) units in a regulated money market fund (MMF) managed by FIL Investment Management (Luxembourg) S.à.r.l., Ireland Branch (ISIN: IE000BZPZFH2). You can find further information regarding the MMF here.

When you transfer EUR out, you redeem (sell) units in the MMF for EUR.

There is a minimum transfer limit of 0.01 EUR for both inbound and outbound transactions. There is no maximum limit on the amount you can transfer.

Rewards are variable and are calculated based on your EUR Cash Yield balance and the applicable reward rate, which depends on the MMF’s return (net of applicable fees) and your Level Up plan.

You can also decide to convert your EUR rewards from the MMF into CRO for additional rewards. EUR to CRO conversion and any CRO rewards are offered by Foris DAX MT, authorised and supervised by the Malta Financial Services Authority (MFSA) as a Crypto-Asset Service Provider pursuant to Regulation (EU) 2023/1114 on Markets in Crypto-Assets, as implemented in Malta by the Markets in Crypto Assets Act. The value of CRO may fluctuate, which may affect the value of your rewards received in CRO.

You can transfer funds into your EUR Cash Yield account from your EUR Cash Account or by following these steps:

Transfers between your EUR Cash account and EUR Cash Yield account are processed based on the daily cut-off time at 06:00 (UTC). Transfers initiated before the cut-off time are processed on the same business day, while transfers initiated after the cut-off time will be processed on the next business day.