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Business Currency Reserve Account

International currency instant access deposit account

On this page
What is it?
Product factsheet
Interest rates
Apply now

Why choose a Business Currency Reserve account?

Enjoy instant access to your funds as you accrue interest (subject to market conditions).  We adjust interest rates to reflect the size of your balance. You'll need a minimum deposit (dependent upon currency) to open the account.

Banded Interest rates (See the current rates below)

Transfer money electronically using Bankline.

Make payments worldwide.

Clear charges. There are standard transaction charges

Choice of currencies. Select the currency that best suits your business' needs

Avoid foreign exchange risks and cost. Holding currency on deposit will mitigate your foreign exchange risks and expenses

Product factsheet

An instant access deposit account that helps you manage surplus cash while improving your rate of return in a range of international currencies.

Currency reserve factsheet (PDF, 994KB)

Interest rates

Interest rates are subject to variation. Interest is paid quarterly.

Currency

US Dollars (Corporates)
US Dollars (Non-Bank Financial Institutions)
US Dollars (Financial Institutions)
US Dollars (Corporates)
US Dollars (Non-Bank Financial Institutions)
US Dollars (Financial Institutions)

Rates valid

Up to 23rd Jan 2020
Up to 23rd Jan 2020
Up to 23rd Jan 2020
From 24th Jan 2020
From 24th Jan 2020
From 24th Jan 2020

Balance

0+
0+
0+
0+
0+
0+

AER

1.36%
0.98%
0.00%
1.15%
0.86%
0.00%

Gross rate p.a.

1.35%
0.98%
0.00%
1.15%
0.86%
0.00%
Rates correct as at 9th December 2019

Currency

Euros (Corporates)
Euros (Financial Institutions)
Euros (Non-Bank Financial Institutions)

Rates valid

-
-
-

Balance

0+
0+
0+

AER

0.00%
-0.75%
-0.60%

Gross rate p.a.

0.00%
-0.75%
-0.60%
Rates correct as at 9th December 2019

Currency

Australian Dollars (Corporates / Non-Bank Financial Institutions)
Australian Dollars (Financial Institutions)
Canadian Dollars (Corporates / Non-Bank Financial Institutions)
Canadian Dollars (Financial Institutions)
Danish Krone (Corporates)
Danish Krone (Non-Bank / Financial Institutions)

Rates valid

-
-
-
-
-
-

Balance

0+
0+
0+
0+
0+
0+

AER

0.35%
0.00%
1.16%
0.00%
0.00%
-0.95%

Gross rate p.a.

0.35%
0.00%
1.15%
0.00%
0.00%
-0.95%
Rates correct as at 9th December 2019

Currency

Hong Kong Dollars
Japanese Yen (Corporates)
Japanese Yen (Non-Bank / Financial Institutions)

Rates valid

-
-
-

Balance

0+
0+
0+

AER

0.00%
0.00%
-0.20%

Gross rate p.a.

0.00%
0.00%
-0.20%
Rates correct as at 9th December 2019

Currency

Norwegian Krone (Corporates / Non-Bank Financial Institutions)
Norwegian Krone (Financial Institutions)
New Zealand Dollars (Corporates / Non-Bank)
New Zealand Dollars (Financial Institutions only)

Rates valid

-
-
-
-

Balance

0+
0+
0+
0+

AER

0.35%
0.00%
0.35%
0.00%

Gross rate p.a.

0.35%
0.00%
0.35%
0.00%
Rates correct as at 9th December 2019

Currency

South African Rand (Corporates / Non-Bank Financial Institutions)
South African Rand (Financial Institutions)
Singapore Dollars
Swedish Krona (Corporates)
Swedish Krona (Non-Bank / Financial Institutions)
Swiss Francs (Corporates)
Swiss Francs (Non-Bank / Financial Institutions)

Rates valid

-
-
-
-
-
-
-

Balance

0+
0+
0+
0+
0+
0+
0+

AER

2.99%
0.00%
0.00%
0.00%
-0.95%
0.00%
-0.95%

Gross rate p.a.

2.95%
0.00%
0.00%
0.00%
-0.95%
0.00%
-0.95%
Rates correct as at 9th December 2019
Annual Equivalent Rate (AER): this is a notional rate used for interest bearing accounts, which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts. Gross rate: This means the interest rate you are paid without the deduction of UK income tax.

Ready to apply?

What is your annual turnover?

To start your application, please call our business team

Contact us

Mon to Fri 9am-5pm (excl. public holidays)

Calls may be recorded.

To start your application, please call our business team

Contact us

Mon to Fri 9am-5pm (excl. public holidays)

Calls may be recorded.

Something else we can help you with?

Support centre

@NatWestBusiness

Branch Locator