Business currency reserve account | NatWest

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Business Currency Reserve Account

Earn interest on surplus funds with our Business Currency Reserve Account

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Get in touch

 

New customers

To discuss your unique banking needs, please call SolutionsLine on:

0345 900 0652 
Text Relay 18001 0800 210 0235


Mon to Fri 9am-5pm (excl. public holidays)
Calls may be recorded.

Existing customers

Please contact your relationship manager.

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.

International payments

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.

Add your signposting title here… 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

Interest rates

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

Currency  Balance AER Gross rate p.a.

US Dollars (Corporates)

0+

1.76%

1.75%

US Dollars (Non-Bank Financial Institutions)

0+

1.24%

1.23%

US Dollars (Financial Institutions)

0+

0.00%

0.00%

Euros (Corporates)

0+

0.00%

0.00%

Euros (Non-Bank Financial Institutions)

0+

-0.50%

-0.50%

Euros (Financial Institutions)

0+

-0.65%

-0.65%

Canadian Dollars (Corporates / Non-Bank Financial Institutions)

0+

1.15%

1.15%

Canadian Dollars (Financial Institutions)

0+

0.00%

0.00%

Australian Dollars (Corporates / Non-Bank Financial Institutions)

0+

0.35%

0.35%

Australian Dollars (Financial Institutions)

0+

0.00%

0.00%

Norwegian Krone (Corporates / Non-Bank Financial Institutions)

0+

0.35%

0.35%

Norwegian Krone (Financial Institutions)

0+

0.00%

0.00%

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

0+

0.35%

0.35%

New Zealand Dollars (Financial Institutions only)

0+

0.00%

0.00%

South African Rand (Corporates / Non-Bank Financial Institutions)

0+

2.98%

2.95%

South African Rand (Financial Institutions)

0+

0.00%

0.00%

Japanese Yen (Corporates)

0+

0.00%

0.00%

Japanese Yen (Non-Bank Financial Institutions / Financial Institutions)

0+

-0.20%

-0.20%

Danish Krone (Corporates)

0+

0.00%

0.00%

Danish Krone (Non-Bank Financial Institutions / Financial Institutions)

0+

-0.95%

-0.95%

Swiss Francs (Corporates)

0+

0.00%

0.00%

Swiss Francs (Non-Bank Financial Institutions / Financial Institutions)

0+

-0.95%

-0.95%

Swedish Krona (Corporates)

0+

0.00%

0.00%

Swedish Krona (Non-Bank Financial Institutions / Financial Institutions)

0+

-0.95%

-0.95%

Hong Kong Dollars

0+

0.00%

0.00%

Singapore Dollars

0+

0.00%

0.00%

Rates correct as at 19th February 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.

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