International Banking
International Bank Accounts
Cash Management account

Cash Management

Manage your savings in more than one currency

To apply you must be; aged 16+, resident in one of our listed countries and meet our minimum balance, salary or deposit requirements.

On this page

Account overview Open in new window

Interest rates Open in new window

Common questions Open in new window

Eligibility & important information Open in new window

US Dollar Fixed Term Deposit Open in new window

Apply Now Open in new window

Why choose a Cash Management account?

An account to manage multiple currencies and foreign currency transactions online, allowing you to flex your savings to your needs.

Manage multiple accounts and view and transfer in multiple currencies online
The instant access pot gives you the flexibility to withdraw your savings at any time
The fixed term savings pot allows you to save in a range of currencies over a term to suit you – either 3, 6, 9 or 12 months

In detail

Account name: Cash Management account

What interest rate could I expect?

Interest rates vary between currencies. Please contact us for more information on the rates currently available.

Can NatWest International change the interest rate?

Yes, for Instant Access Deposits

The interest rate is variable and we will write to you to inform you of the change. The rate may increase or decrease for any of the reasons set out in Term 10.3 of the Personal Banking Account Terms and Fees to account for the Bank of England's base rate changes or changes in the rates paid by other banks. If the rates are going down we'll give you at least 60 days' notice. If they are going up, we'll inform you before the change or shortly afterwards. Term 10.4 of the Personal Banking Account Terms and Fees contain details of the notice we'll give you.

Not for Fixed Term Deposits

The rate agreed at the start of the term will not change during the course of the deposit, between the Fixed Term Deposit Start Date and the Fixed Term Deposit Maturity Date.

Common Questions

How do I open and manage my account?

To open your account please give us a call.

Instant Access Deposits

As well as having instant access to your funds, you can also use the account for the following services:

Make Sterling and international payments
Settlement of our US dollar or Euro charge cards
Receipt of sterling and international payments
Foreign exchange transactions

Fixed Term Deposits

You can't add money to a Fixed Term Deposit after the Start Date.

A deposit certificate will be sent to you within 14 working days confirming the details of your deposit.

On the Maturity Date, your deposit and any interest earned will be paid into your Cash Management account.

After the Maturity Date, if you no longer need the Fixed Term Deposit linked to your Cash Management account, please advise us in writing.

What documents do you need from me?

We may need you to provide proof of identity, residential address or a bit more information from you to validate your income.

We might need to see...

Confirmation of identity
Proof of your residential address

We'll ask you for...

Your personal details (name, date of birth etc.)
The source of your funds & wealth

Is there a cost or account fee?

There is no monthly account fee for Cash Management accounts.

Can I withdraw or transfer money before the maturity date?

Not on your Fixed Term Deposit(s). Early withdrawals or early closure before the Maturity Date of a Fixed Term Deposit are not permitted, except at the Bank's sole discretion.

Your instant access deposits can be withdrawn at any time.

Can I earn interest on my funds?

Yes. Interest rates vary between currencies. For more information on the current available rates, please contact us.

How do I credit my account?

You can credit your account via:

transferring money between your accounts
payment from another bank

For assistance, please contact us.

What currencies can I hold?

Most major currencies are available on this account including Sterling, US Dollars and Euros. You can hold up to 25 currencies.

How do I make a payment and are there charges for this?

You can make payments from your account if the cleared for funds balance on your account is sufficient.

You can withdraw or transfer money via:

our mobile app
online banking
telephone banking
written instruction

Charges vary depending on the amount and currency and how the payment is initiated. Please refer to our Personal Banking Account Terms and Fees Brochure for more detail.

Can I pay in a CCY cheque?

No, we only accept sterling cheques.

Fixed Term Deposit

Fixed rates over a fixed term so you know what you'll earn

A term to suit you - either 3, 6, 9 or 12 month

Start saving with balances from £5,000 or $10,000

Information Message

To apply you must be; aged 16+, resident in one of our listed countries, open the account with a minimum deposit of £5,000 or $10,000 and be a Cash Management account holder or open one at the same time that you open your US Dollar Fixed Term Deposit.

Find out how to apply Open in new window

Definitions

Annual Equivalent Rate (AER): Stands for the Annual Equivalent Rate. It shows you what the rate would be if interest was paid and compounded each year.

Gross Rate: The interest rate you are paid without the deduction of income tax.

p.a.: Per annum (per year).

Start Date: is the date on which your money is fixed.

Maturity Date: is the date on which your Deposit matures.

Ready to apply?

Before you apply, we've outlined the eligibility requirements for the account below, along with our terms and conditions to make sure it's the right account for you.

Eligibility requirements

To open a Cash Management account you must:

be aged 16+, and
resident in one of our listed countries, and
open the account with a minimum deposit of £25,000 or pay in a mandated salary of £40,000.

Residential requirements

Our International Banking service can help customers who are resident in the following countries:

Austria, Bahrain, Belgium, Bermuda, Canada, China (Expats only), Denmark, Finland, France, Hong Kong, Kuwait, Norway, Oman, Qatar, South Africa, Sweden, Switzerland, United Arab Emirates, United Kingdom (Non-domiciled only) or the United States of America.

Please note that not all of our products and services are available in all jurisdictions and some are available on a limited basis only due to local regulatory and legal requirements. Contact us to find out more.

Please review our important information

Our important documents give all the detail you need about our account. If you carry on applying, it means you're happy with what's in these documents. Please take some time to review, print and/or save the important information.

Personal Banking Account Terms and Fees (PDF, 310 KB)
Savings Rates and Information Sheet (PDF, 183 KB)

Depositor Compensation Schemes

Under the scheme(s) customers are entitled to make only one claim per licensed entity regardless of the number of brands or trading names contained within that licensed entity and customers are entitled to make one claim only per licensed entity in the jurisdiction where the deposits are held.

Therefore as NatWest International brand is operated by RBS International it is not licensed in its own right. A person with a deposit in NatWest International and a deposit in RBS International would thus only be entitled to make one claim.

Jersey Banking Depositor Compensation Scheme

NatWest International is a participant in the Jersey Bank Depositors Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.

Full details of the Scheme and banking groups covered are available on the Government of Jersey website www.gov.je/dcs or on request.

Guernsey Banking Deposit Compensation Scheme

NatWest International is a participant in the Guernsey Banking Deposit Compensation Scheme. The scheme offers protection for ‘qualifying deposits’ up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.

Details are available from: Website: www.dcs.gg. Telephone: +44 (0)1481 722756. Post: P.O. Box 380, St Peter Port, GY1 3FY.

Deposits made in a Guernsey Branch will not be covered by any equivalent scheme in any jurisdiction outside of the Bailiwick of Guernsey.

Isle of Man Depositors’ Compensation Scheme

NatWest International is a member of the Isle of Man Depositors’ Compensation Scheme (DCS) as set out in the Depositors Compensation Scheme Regulations 2010.

To understand your eligibility under the scheme you may wish to visit the Isle of Man Financial Services Authority website.

Gibraltar Deposit Guarantee Scheme

The Royal Bank of Scotland International Limited trading as NatWest International is covered by the Gibraltar Deposit Guarantee Scheme (‘GDGS’). The GDGS can pay compensation to depositors if a credit institution is unable to meet its financial obligations. Ordinarily, most depositors – including individuals, corporations and small businesses – can claim back up to EUR 100,000 of their deposits (or EUR 100,000 for each eligible account holder if it’s a joint account). However, there are important exclusions which apply to certain depositors, which are set out on the website of the GDGS.

For further information about the compensation provided by the GDGS refer to: www.gdgb.gi.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

To begin your application...

This process must be completed using a mobile device (phone or tablet).

During the application process we require you to take photographs of some documents for ID and address verification purposes. We also require you to take a selfie for fraud prevention purposes.

To continue, navigate to natwestint.com/international-apply on your mobile device, or use your phones camera to scan this QR code.

How do I scan a QR code?

Let's get started

Apply online now

Let's get started

Apply online now