Save up and smell the coffee

EC Newsdesk

Rabobank, the Dutch co-operative bank, has launched a new initiative in which interest is to be paid to savers in Fair Trade coffee rather than hard cash.
Under the scheme the bank will offer a 1% higher rate of interest to those who choose to collect their interest in coffee. 12 bags of coffee, totalling 3 kilograms will be accrued in interest annually on the condition that at least 925 Euros ($1089, £665) is deposited and kept in the account for a minimum of 3 years.

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