Classification of the agreement of custody fees for current account balances as a main price agreement and the effectiveness of such an agreement under the GTC law (only available in german language)

2022

"The AGB clause according to which a custody fee of 0.7% p.a. is to be paid for credit balances of 5,000.01 euros or more is effective. It is not subject to the content control according to § 307 BGB because it is a price main clause." 

In this expert article, our expert Tony Beyer provides information on the decision of the Dresden Higher Regional Court of 18 January 2022 (8 U 1389/21).

"WuB 2022, Heft 8, 357" [WuB 2022, Issue 8, 357]

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