Foreign currency savings accounts
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.
-
- A savings account that lets you manage your foreign currency easily
- Variable interest rates
- No minimum or maximum balance
- Free deposits and withdrawals from your Barclays account
- Interest paid quarterly
Account
Business Premium Account
Currency
USD
Access
Same day
Minimum balance
$0
Management
Online Banking, branch, Telephone Banking
Summary box
Account name
US Dollar Business Premium Account
What is the interest rate?
Effective from 24 July 2020
Balance
Gross per year %
AER%
$1+
0.00
0.00
Interest is paid quarterly in March, June, September and December.
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.
What would the estimated balance be after 12 months based on a $1,000 deposit?
Deposit amount
Estimated value after a year
$1,000
$1,000
These are examples and do not take into account your individual circumstances. The examples assume that:
- No further deposits or withdrawals are made
- Any interest earned stays in the account
- There is no change to interest rates and tiers
How do I open and manage my account?
Open your account by speaking to our telephone servicing team or to a Business Manager in one of our branches.
Manage your account either in branch, over the phone or via our electronic banking services.
No restrictions on deposits or withdrawals.
No minimum balance.
No maximum balance.
Can I withdraw money?
Yes, you’ll have instant access to your money so you can make withdrawals
Additional information
- Interest accrued daily, and paid quarterly
- Account may not be designated as ‘client or trust account’
- Same day access through Barclays USD Account
- To hold this account, you will also need a Barclays Sterling Current Account
-
- A savings account that lets you manage your foreign currency easily
- Variable interest rates
- No minimum or maximum balance
- Free deposits and withdrawals from your Barclays account
- Interest paid quarterly
Account
Currency Call Deposit Account
Currencies
AUD, AED, CAD, CHF, CNY, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NZD, NOK, PLN, RUB, SAR, SEK, SGD, TRY, ZAR
Access
Same day (CAD), varies for other
Minimum balance
£0
Management
Online Banking, branch, Telephone Banking
Interest rate
-
- A savings account that lets you manage your foreign currency easily
- For businesses with lots of different clients, like lawyers, accountants and estate agents
- No restrictions on deposits or withdrawals
- No minimum or maximum balance
- Interest paid quarterly
Account
Currency Clients Premium Account
Currencies
AED, AUD, CAD, CHF, CZK, DKK, EUR, HKD, ILS, JPY, MXN, NOK, NZD, PLN, SEK, SGD, TRY, USD, ZAR
Access
Same day
Minimum balance
£0
Management
Online Banking, branch, Telephone Banking, cheque book (available on request)
Interest rate
Terms and conditions
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- A savings account for businesses wanting to make larger deposits and get higher returns
- Possibility of higher returns than a standard savings account
- Interest rate guaranteed for the whole of the fixed term
- Interest rate linked to the London currency money markets
- Deposit up to the foreign currency equivalent of £24,999,999
- Fixed terms from overnight to 12 months (minimum balances apply, depending on the term)
Account
Treasury Deposit Account
Currencies
USD
Access
Fixed term
Minimum balance
Varies according to the term. This can be as low as the USD equivalent of £100,000.
Management
Branch, Telephone Banking
Interest rate
Depends on the term
Terms and conditions
Compare business currency savings accounts
|
Business Premium Account |
Currency Call Deposit Account |
Currency Clients Premium Account |
Treasury Deposit Account |
|
|---|---|---|---|---|
|
Account type |
Instant access |
Instant access |
Instant access |
Fixed-term |
|
Currencies |
EUR, USD |
AUD, AED, CAD, CHF, CNY, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NZD, NOK, PLN, RUB, SAR, SEK, SGD, TRY, ZAR |
AED, AUD, CAD, CHF, CZK, DKK, EUR, HKD, ILS, JPY, MXN, NOK, NZD, PLN, SEK, SGD, TRY, USD, ZAR |
USD |
|
Withdrawals |
Yes |
Yes |
Yes |
No |
|
Minimum balance |
£0 |
£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. |
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. |
How to apply
Don’t have access to Online Banking?
Give us a call on your usual number or dial 0333 202 74312
Visit a branch
Come in and talk to us