What is the sustainable and solidarity development booklet (ex Codevi)?
Unlike a booklet account (CSL), the sustainable and solidarity development booklet (former Codevi and LDD) is a regulated savings book whose funds are available at any time. The aim of LDDS is to contribute to the financing of small and medium -sized enterprises, as well as to energy transition and to the social and solidarity economy.
Who can open an LDDS?
Conditions to open a LDDS
Agricultural credit, savings bank, postal bank … all banks can offer a LDDS to a adult Fiscally domiciled in France. It is also accessible to minors with personal income and not being attached to their parents tax.
A savings book regulated by person
The number of LDDS is limited to one per person (two booklets by tax household). When the book is opened, its holder must declare on honor that his tax domicile is in France and that he has no other LDDS. If he already has one in another bank, he must close it before you can open a new one.
What payments and withdrawals on an LDDS?
Minimum amount and maximum payment
Even if the law does not provide for a legal minimum payment, the majority of banks impose a Payment of 15 euros At the opening, and a credit balance (permanent) of an equivalent amount. The maximum amount of payment is 12,000 euros.
Number of withdrawals and free payments
The booklet is free to make as many withdrawals and payments as they wish without penalties. A withdrawal card can be offered. It is generally only usable in distributors of the associated network. The booklet can be powered by check, payment or in cash. Since July 1, 2023, it is possible to turn money on his sustainable and united development booklet From an open sight account in a bank other than that where the LDDS is located.
Note: the sums paid on an LDDS are covered by the deposit guarantee fund up to 100,000 euros by depositor and by establishment.
What is the interest rate of the LDDS in 2025?
The LDDS interest rate is set by the public authorities. Identical to that of booklet A, it rises to 1.7% since August 1, 2025 (against 2.4 % before). The Banque de France justifies the decline in the booklet to both the decline in inflation, the rate of which in the first half outside tobacco is established at 0.88%. And by decline in the average interbank rate in the wake of those of the ECB, lowered by 0.25 points in February, March and June. In August, the average interbank rate over six months should be fixed at 2.46%.
The funds paid on an LDDS are available at any time and can be removed without penalties. Each year, the establishment managing the account must inform the statement of the state of the booklet.
What is the ceiling of the sustainable and solidarity development booklet (LDDS) in 2025?
The ceiling of the sustainable and solidarity development booklet (LDDS) is set to 12,000 euroswhich makes it possible to constitute precautionary savings. The addition of interest can carry the value of the booklet beyond this ceiling of 12,000 euros.
How much is a LDDS?
Yield and calculation of interest
The interests of the LDDS are calculated on the 1ᵉʳ and the 16 of each month and the accumulated interest in the year are added to the capital formed on December 31. The sums deposited produce interest if they are placed by whole fortnight. This rule of fortnight is less favorable than day -to -day remuneration, as is for example the case on paid current accounts.
Adequate moments to make a payment or withdrawal
To avoid losing about fifteen interests, it is preferable:
- to make a payment as late as possible in the fortnight (for example the 13) since it will only produce interest from the next fifteen (which starts on 16).
- to withdraw funds as soon as possible for the same reasons.
The interests received are exempt from income tax and social security contributions.
How to give your LDDS money to a company in the social and solidarity economy?
The bank must provide a list of eligible companies
It is possible to make a donation to a company under the social and solidarity economy with the sums spared on a sustainable and united development booklet (LDDS). Each year, the banking establishment to which the LDDS has been opened is required to offer a list comprising at least ten companies in this sector.
The banking establishment takes care of the payment
Once the bookmark has communicated to the bank the name of the selected companies as well as the amount of donations to be made, it can directly pay the sums from the LDDS.
Can I combine an LDDS and a booklet A?
Yes, it is entirely possible to combine a sustainable and united development booklet (LDDS) and a booklet A. These two savings booklets are regulated by the State and both offer tax advantages, including the interest exemption. However, a person can only open one booklet A and LDDS at the same time.
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How to close your sustainable and united development booklet?
The booklet can be closed by Simple letter presented to the banking establishment, indicating the references of the account on which the funds will be transferred. This approach can also be carried out at the counter of the establishment concerned. In the event of a closing of the LDDS during the year, the interests over the period run since the start of the year are credited on the day of the closing.
A savings account is considered inactive if no operation has been carried out during Five consecutive years. If, after ten years, the holder (or one of his relatives) has not manifested himself, the funds of this account are transferred to the Caisse des Dépôts et Consignations (CDC). She will keep them for 20 years. To this deadline, the funds will fall into the stall of the state.
Note: Savers can check if they are beneficiaries of an inactive account without knowing it by connecting to the Ciclade site.
What differences between LDDS and booklet A?
LDDS and booklet A are both regulated savings booklets. Very similar, they have the same:
- remuneration rate,
- Calculation of interest,
- minimum amount of payment and withdrawal.
And the same:
The differences come at the level:
- ceiling,
- minimum age,
- of assignment to the social and solidarity economy (the booklet A is not affected),
- The objective of funds (LDDS is used to finance SMEs and not social housing).
