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Savings accounts to suit your business
Got foreign currency you’re not using? Avoid the hassle of exchanging it and save it instead – you could earn interest.
See the list of currencies we offer.
Account |
Currency Clients Premium Account |
---|---|
Currencies |
|
Access |
Same day |
Minimum balance |
£0 |
Management |
Online Banking, branch, Telephone Banking |
Interest rate |
Account terms and conditions1[PDF, 72.2KB]
Who is the Currency Clients Premium Account suitable for?
Currency 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 Currency Clients Premium Account should never hold any of your own money.
Our Currency 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.
To see more detailed information about our euro and US dollar accounts, select a currency below.
Account |
Treasury Deposit Account |
---|---|
Currencies |
USD, EUR |
Access |
Fixed term |
Minimum balance |
Varies according to the term. This can be as low as the USD equivalent of £100,000. |
Management |
Telephone Banking |
Interest rate |
Depends on the term |
Terms and conditions |
Business Treasury Deposit Account1 [PDF, 55KB] |
Currency Business Premium Account |
Currency Clients Premium Account |
Treasury Deposit Account |
|
---|---|---|---|
Account type |
Instant access |
Instant access |
Fixed-term |
Currencies |
USD |
||
Withdrawals |
Yes |
Yes |
No |
Minimum balance |
£0 |
£0 |
Varies according to the term |
Management |
Branch Phone |
||
Interest rate |
Rate guaranteed for the duration of fixed deposit |
||
Benefits |
An interest-earning savings account, with easy access. |
Manage money on behalf of your clients.
For businesses with lots of different clients – eg, lawyers, accountants and estate agents.
|
For businesses with big deposits looking for higher returns.
Potentially higher returns than a standard savings account. |