Client Accounts

If you have a business requirement to hold money on behalf of your clients, we offer client accounts to meet your needs.

Apply now

Apply now

Talk to one of our Relationship Managers to apply or discuss your Client Account needs.

For clients with an annual turnover of up to £25 million please call 0800 022 4378

We’re available from 8am to 8pm Monday to Friday and 9am to 1pm on Saturday.

Commercial Designated and Designated Client Account

This account enables you to hold your clients’ individual funds in separate accounts. It’s suitable for professional practices or other businesses that hold clients’ money, such as solicitors, accountants, insurance brokers and estate and managing agents.

  • Hold your clients’ money in segregated accounts
  • Instant access to account
  • Easy withdrawal from account as long as cleared funds are available
  • Interest is calculated daily, paid monthly and can be added to your firm’s office account
  • Deputyship or Appointeeship arrangements are available, giving your clients direct access to their money

Commercial Undesignated Client and Clients’ Call Account

Suitable for professional practices such as accountants or solicitors, this account enables you to hold money on behalf of your clients.

  • Instant access to account
  • Easy withdrawal from account as long as cleared funds are available
  • Interest is calculated daily, paid monthly and can be added to your firm’s office account
  • Depending on your annual business turnover, different terms and conditions will apply

Apply now

Talk to one of our Relationship Managers to apply or discuss your Client Account needs.

We’re available from 8am to 8pm Monday to Friday and 9am to 1pm on Saturday.

For clients with an annual turnover of up to £25 million please call 0800 022 4378

Other options

View all savings accounts

Solicitor support

View all business accounts

Protecting your money, fscs protected

Financial Services Compensation Scheme

Due to FSCS eligibility criteria not all business customers will be covered.

More about the FSCS

Commercial Designated Client account & Commercial Undesignated client Account

What is the interest rate?

It’s a variable rate, as shown in the table below.

Current interest rates.

Interest paid monthly

AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

Interest paid monthly

£10,000,000+

AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

1.81%

Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

1.80%

Interest paid monthly

£1,000,000+

AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

1.61%

Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

1.60%

Interest paid monthly

£250,000+

AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

1.11%

Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

1.10%

Interest paid monthly

£100,000+

AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

1.11%

Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

1.10%

Interest paid monthly

£50,000+

AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

1.11%

Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

1.10%

Interest paid monthly

£1+

AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

1.11%

Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

1.10%

These interest rates will apply from 21 January 2025. Interest is calculated daily and applied monthly.