Business savings accounts

• Easily manage money on behalf of your clients
• For businesses that are regulated and have a legal requirement to hold money for clients 
• Interest paid quarterly

Account terms and conditions¹ [PDF, 172KB]

Rates and charges

Account name
Clients Premium Account

What's the interest rate?
Effective from 01 December 2023

These are examples and don't take your individual circumstances into account. The examples assume that

• No further deposits or withdrawals are made
• Interest earned stays in the account
• Interest rates and tiers don't change

Can Barclays change the interest rate?

Yes, we can change rates from time to time, based on changes in market conditions. For more information, please refer to the relevant section of the Business Customer Agreement.

Who is the Clients Premium Account suitable for?

Clients Premium Accounts are suitable for regulated businesses that have a legal requirement to hold money on behalf of their clients.

If you’re holding money that belongs to a third party, not your own business, you can safeguard it in this account. When you open an account, you can choose between a ‘designated account’ for money belonging to a single business or person, or a ‘pooled account’ for money belonging to multiple businesses or people. If your needs change, you can still open an account of the other type.

It’s important to remember that a Clients Premium Account should never hold any of your own money.

Our Clients Premium Accounts are typically suitable for

• Those regulated by the Financial Conduct Authority (FCA) with client money permissions
• Regulated insolvency practitioners, accountants and solicitors
• Property managers, estate agents and lettings agents

You’re responsible for complying with all legal, fiduciary and regulatory obligations that apply to you. This includes compliance with Money Laundering Regulations.

How do I open and manage my account?

Open your account by speaking to our telephone servicing team or a Business Manager in one of our branches.

We might ask you to complete a short questionnaire to make sure you'll meet our eligibility criteria. If you do, we'll send you a letter to confirm when the account is open and give you your account details.

You can manage your account either in our branches, over the phone, or by using Online Banking or the Barclays app.

Can I withdraw money?

Yes, you’ll have instant access to your money for withdrawals, though cash withdrawals from this type of account are restricted.

Additional information 

• An account for customers who hold clients’ funds
• Keep clients’ funds separate and earns interest
• Interest is accrued daily and paid quarterly
• Chequebook available
• Cash deposits and cash withdrawals are restricted from this type of account

• For businesses with big deposits, looking for higher returns
• Potentially higher returns than a standard savings account
• Rate guaranteed for the duration of the fixed deposits
• Deposit up to £24,999,999
• Rate of return linked to the London currency money markets
• Fixed terms from 1 to 12 months (minimum balances apply, depending on the term length).

Account terms and conditions¹ [PDF, 50KB]

Rates and charges