Fixed Term Deposit | International Customers | NatWest International

US Dollar
Fixed Term Deposit

Choose an amount and term to suit your needs

Get in touch to apply
International Personal Banking How to contact us

If you have any queries please contact your Relationship Manager on their dedicated number.

 

To open an account

   01534 282167

From abroad: +44 1534 282167

Existing customers

   01534 282850

From abroad: +44 1534 282850

 

Lines open Monday to Friday 9am - 5pm.

International customer eligibility

You must be aged 16 or over to open a Fixed Term Deposit. Interest rates are an indication only, please call us or visit your local branch for the latest interest rates.

International customers US Dollar Fixed Term Deposit

Earn between 1.70% AER/gross and 2.55% AER/gross, depending on the amount you invest and the term you choose

Know in advance what your savings will earn, helping you to reach your savings goals

Choose a term to suit you - either two, three, six or twelve months

What interest rate can I expect?

Our interest rates are an indication only, this means that the rate quoted below is not guaranteed when you apply. Please call us for the latest rates. 

2 months

US Dollar Balance Annual Equivalent Rate
(AER)
Gross p.a
(fixed)
$10,000 - $99,999 1.70% 1.70%
$100,000 - $249,999 1.80% 1.80%
$250,000 - $499,999 1.90% 1.90%
$500,000 - $5 million 1.95% 1.95%

3 months

US Dollar Balance Annual Equivalent Rate
(AER)
Gross p.a
(fixed)
$10,000 - $99,999 2.00% 2.00%
$100,000 - $249,999 2.05% 2.05%
$250,000 - $499,999 2.15% 2.15%
$500,000 - $5 million 2.20% 2.20%


6 months

US Dollar Balance Annual Equivalent Rate
(AER)
Gross p.a
(fixed)
$10,000 - $99,999 2.10% 2.10%
$100,000 - $249,999 2.20% 2.20%
$250,000 - $499,999 2.25% 2.25%
$500,000 - $5 million 2.30% 2.30%


12 months

US Dollar Balance Annual Equivalent Rate
(AER)
Gross p.a
(fixed)
$10,000 - $99,999 2.30% 2.30%
$100,000 - $249,999 2.40% 2.40%
$250,000 - $499,999 2.50% 2.50%
$500,000 - $5 million 2.55% 2.55%


The need-to-knows

The interest rates for our Currency Fixed Term Deposits change daily, so will be provided on an indicative basis, please call us  for the latest rates.

Interest rates may vary depending on deposit term.

Interest is calculated daily and paid at maturity.

Fixed term examples

Not sure how much interest you could earn? We've worked out some examples for you, based on a range of deposit amounts and terms. 


6 months

Amount fixed at
start date
Balance at
maturity date
Interest earned
$10,000 $10,105 $105
$100,000 $101,100 $1,100
$250,000 $252,812.50 $2,812.50
$500,000 $505,750 $5,750


12 months

Amount fixed at
start date
Balance at
maturity date
Interest earned
$10,000 $10,230 $230
$100,000 $102,400 $2,400
$250,000 $256,250 $6,250
$500,000 $512,750 $12,750

 

These are only examples and do not take into account your individual circumstances. The examples assume that interest is paid into your Cash Management account.

Manage your Fixed Term Deposit Cash Management account

When you apply for a Fixed Term Deposit you'll need to have a Cash Management account so that we can pay you any interest you have earned, as well as your deposit when it has come to the end of it's term. 

If you don’t have a Cash Management account, then we will open one for you.

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
Frequently asked questions

How do I open and manage my account?

You must be aged 16 years or over to open an account

The minimum deposit is $10,000.

To find out how to open your account please give us a call.

You can not add money to the USD 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.

You will need to have a Cash Management account for the payment of interest and to manage your Fixed Term Deposit; if you don’t have an account then we will open one for you.

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 Cash Management account linked to your Fixed Term Deposit, please advise us in writing to close the account.

Can I withdraw money before the Maturity Date?

No. Early withdrawals or early closure before the Maturity Date of a Fixed Term Deposit are not permitted, except at the Bank's sole discretion.

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.

Definitions

Annual Equivalent Rate (AER)
- This is a notional rate used for interest bearing accounts which illustrates what the gross credit interest rate (excluding any bonus interest payable) would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.

Gross
is the interest rate paid before the deduction of 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

Important information

We want to make sure that you have all the information you need before you open an account with us. So before you do, please take some time to read and save,download or print this information.

International Personal Banking Ready for the next step?
Get in touch to apply
International Personal Banking How to contact us

If you have any queries please contact your Relationship Manager on their dedicated number.

 

To open an account

   01534 282167

From abroad: +44 1534 282167

Existing customers

   01534 282850

From abroad: +44 1534 282850

 

Lines open Monday to Friday 9am - 5pm.

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