No action is needed if your savings plans are debited directly from your current (reference) account.
If your savings plans are debited from your clearing account, ensure your new Scalable account has enough funds at least five banking days before the savings plan execution. Insufficient funds in the clearing account will result in the amount being debited from your current (reference) account.
To check and change your savings plans’ payment method:
- Open the app and navigate to the home screen in your Baader account.
- Select Savings Plans below the chart, all active savings plans will be displayed.
- Select your savings plan and tap Payment Method to view or change it.
All savings plans with the execution dates 1, 4 and 7 August will still be executed in your Baader account. From 8 August 2025 on all savings plans will be executed in your new Scalable account – including the ones previously instructed on Baader accounts.
If you already had a saving plan for the same security in your Scalable account, the savings plans will then be combined. All holdings like your stocks, ETFs and cash will remain in your Baader account until the weekend of the transfer to the new Scalable.