For those who enter into a mortgage plan there is no obligation to charge the payments to an account of the same bank as the one that provided the mortgage finance. Nevertheless, taking out a loan with a bank where you open a bank account can be profitable. It’s the case of ING Direct which currently offers the “Mutual Orange” with the discount on the spread or a reduced monthly interest rate applied on if the installment is charged to the current Orange account. In turn, the Orange Current Account is a current account with zero costs across the board plus at the same time with regard to the stamp duty.
In fact ING Direct currently bears the stamp duty on the product even when annual average liquidity exceeds € 5,000. The advantages on mortgages, current accounts and deposit accounts are also connected to each other as currently whoever has the Orange Current Account can earn more money with the deposit account paid as an Orange Account.