When you take a business decision to amend the cash management charges, you will also need to change them in Flinq.
Flinq works with periods. Each time your rate changes you will create a new period for which the rate is active.
Steps
Navigate to Interest Pools in the left navbar
Click on Edit in the top right
Navigate to Payout Profile
Click on 'New payout profile period'
Pick the date from which the charge applies. The previous rate will end on the day before.
The new period will inherit all values from the previous period. You can now amend them.
š” Remember that the cash management charge is relative to the interest. This means that when you amend interest rates, the effective cash management charge will change automatically.