How can we help?
Trade
Payments & cash mgt
Accounts
Online solutions
Useful information
Interest Paying Current Account
A working- capital account with interest on credit balances
Take your currency management a step further with our Interest-Paying Current Account. You retain all the flexibility of a working capital account with the added benefit of interest on credit balances.
Key Benefits
- Choice of currencies - select a currency that suits your business' banking needs
- Earn returns on surplus funds - the rate your business receives will depend on the currency you hold
- Cheque book - available in most currencies, subject to agreement
- Overdraft facility - again, we can provide this in all major currencies, subject to agreement
- Electronic transfer - payments can be made quickly and accurately by BankLine
- International payment facilities - your business can make payments across the globe using the account
- £25,000 (equivalent) minimum opening balance. There is no upper limit
- Multiple currency option - conduct transactions in a variety of currencies through one account
- Transparent costs - there is a standard transaction charge and a monthly maintenance charge
US Dollar (USD)
| Balance | Gross Rate % |
|---|---|
| 1,000 - 100,000 | 0.05 |
| 100,001 - 500,000 | 0.05 |
| 500,001 - 1,000,000 | 0.05 |
| 1,000,001 - 3,000,000 | 0.05 |
| 3,000,001 + | 0.05 |
US Dollar rates effective from 29th October 2008
US Rate (Fed Funds) 1.00%
Euro (EUR)
| Balance | Gross Rate % |
|---|---|
| 1,000 - 100,000 | 0.250 |
| 100,001 - 500,000 | 0.300 |
| 500,001 - 1,000,000 | 0.350 |
| 1,000,001 - 3,000,000 | 0.450 |
| 3,000,001 + | 0.500 |
Euro rates effective from 8th October 2008
ECB Rate (Refi) 3.75%
Get in touch
UK based? We do things locally. Find full details or have someone local call you.
Get in touch
Turnover under £1m?
Based outside the UK?