Structured notes and derivative instruments

Find out what ING currently offers.

By opting for structured notes, you are choosing a potential return that is linked to the underlying securities and you also are entitled to repayment of your capital (partially or in full).*

  • Defined maturity

    And a pre-defined subscription period.

  • Right to reimbursement of capital (partially or in full)*

    At the maturity date set for the bond. Please note that due to various factors, the value of the bond will rise or fall on the secondary market over time If you sell before the maturity date this may incur capital gains or losses.

  • Potentially high coupon

    With the potential for an attractive return on your money.

*Right to full or partial repayment of the initial capital invested by the Issuer at Maturity (excluding fees and charges), except in the case of bankruptcy or payment default (bankruptcy risk) by the Issuer and/or the Guarantor. A Bail-In can be defined as a set of measures imposed by the control authorities, aimed at having the losses of a credit institution in difficulties borne by all or some of its creditors, including investors who bought its Notes. The outcome of such measures is a reduction of the nominal amount of the Notes or their conversion into shares in such a credit institution, with a view to absorbing its losses and/or recapitalising it (a reduction in the nominal amount could, in some cases, result in the Notes being worth nothing).

Structured Notes are structured debt instruments, or derivative instruments, generally issued by financial institutions.

In purchasing this product the investor:

  • either lends money to the issuer (no capital loss via structured debt instruments). In other words, upon maturity the issuer undertakes to pay any possible coupons and to repay at least the invested capital (excluding costs).
  • or transfers money to the issuer (potential risk of capital losses via derivative instruments). In other words, upon maturity the issuer undertakes to repay a certain amount. However, this amount may be less than the capital invested (excluding costs) as this depends on the type of underlying asset and the development of the underlying values price. See various underlying securities (PDF - EN).

In the case of bankruptcy and/or risk of bankruptcy and/or bail-in by the issuer, the investor may not receive the amounts to which they are entitled and may lose invested capital.

Notes are only open for subscription during a pre-determined period.

You can consult the indicative selling prices of Structured notes on

  • Issuer insolvency risk (e.g. bankruptcy risk and/or bail-in by the issuer)
  • Risk of capital losses
  • Fluctuation risks in the value of the Notes (market risk), interest or index rate trends and rating review prospects.
  • Exchange rate risk: also called currency risk. If there is an adverse trend in the currency being invested in, the return will be eroded following the shortfall in profit due to the conversion to euro.
  • Liquidity risk: the Note will not be quoted on a regulated market. ING Bank N.V. guarantees liquidity to the investor by proposing a redemption price.

Due to various factors, the value of the Note will rise or fall on the secondary market over time. If the investor sells before the maturity date this may incur capital gains or losses.

The Issue Price includes a fee for structuring and distributing the securities of a maximum of 3.00% on an annual basis. In the event of resale of the Notes before their Maturity, brokerage fees will be applied to the price established at ING Belgium SA/nv. The securities brokerage and safe-custody fee is available free of charge from branches and on the ING website > Charges and regulations > Charges applied to the main securities transactions (PDF).

If you have a complaint, please contact ING Complaint Management, Cours Saint Michel/Sint-Michielswarande 60, 1040 Brussels or email If you do not get a satisfactory response, contact the Ombudsman for financial disputes, North Gate II, Avenue Roi Albert II/Koning Albert II-laan 8/Bt 2, 1000 Brussels (

Make an appointment

with one of our Personal Bankers.

I would like to make an appointment