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US Dollar Fixed Term Deposit
Fixed savings over a fixed term
To apply you must be; aged 16+, resident in one of our listed countries, open the account with a minimum deposit of $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.
Why choose a US Dollar Fixed Term Deposit?
- Fixed rates over a fixed term so you know what you'll earn
- Choose a term to suit you - 3, 6 or 12 months
- Start saving with balances from $10,000
In detail: US Dollar Fixed Term Deposit
All figures are provided for illustration only.
What’s the interest rate?
Rates correct as at 29th November 2023. Actual rates on offer could be higher or lower, please call us or visit your branch for the latest rates.
The above interest rates are for illustration and are an indication only, please call us for the latest rates. Interest rates may also vary depending on deposit term.
Interest is calculated daily from the date of your deposit and will be paid on the maturity date.
Can NatWest International change the interest rate?
No. The interest rate is fixed for the term of your deposit. This means that the rate will not change between the Fixed Term Deposit Start Date and the Fixed Term Deposit Maturity Date.
Cash Management Account
When you apply for a US Dollar Fixed Term Deposit you must already hold a Cash Management account or we’ll open one during your application so that we can pay any interest you’ve earned, along with you deposit, when the saving term comes to an end.
We may need to confirm your identity and/or proof of your residential address when opening your Cash Management account.
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 deposit below, along with our terms and conditions to make sure it's the right option for you.
Eligibility requirements
To open a US Dollar Fixed Term Deposit you must:
- be aged 16+
- reside in one of our listed countries
- open the account with a minimum deposit of $10,000
- be a Cash Management account holder or open one at the same time that you open your US Dollar Fixed Term Deposit.
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.
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.
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.
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.
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.