Cash management accounts

A cash management account is an ideal account to operate alongside a fixed term deposit account.

You can easily transfer maturing fixed term deposit account funds into your cash management account while you consider your options for re-investment.

And all the while, your savings continue to earn competitive interest rates in the cash management account.

Our Cash Management account is also a single home for all your currency deposits. This avoids the fees associated with converting funds to Sterling and removes any foreign exchange risks.

When you make a deposit from overseas, it will automatically be added to the correct currency portion of your account.

For even more convenience, you can have a charge card which allows you to make payments in euros or US dollars. There is an annual fee for this service.

• Instant access - you can withdraw money at any time without penalty
• Quarterly interest - paid in March, June, September and December
• Tiered interest rates - higher account balances attract higher interest rates
• Multi-currency - hold funds in a number of major currencies including US dollars and euros
• Secure international payments - using SWIFT, you can transfer money into any international account
• Currency debit card - lets you make over the counter payments in euros or US dollars. There is an annual fee for this card.
• Avoid currency risks - we hold your account balance in the original currency
• Minimum balance £2,000 - €2,000, $2,000 or equivalent to £10,000 for all other currencies