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Client Accounts Hub
Accounts for holding funds on behalf of a third party. Suitable for solicitors, accountants and property management companies as an example.
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For clients with an annual turnover of less than £3 million please call 0345 072 5555 to speak to one of our business advisors.
Lines are open Monday to Friday 7am to 8pm and Saturday 9am to 2pm, excluding bank holidays.
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For clients with an annual turnover between £3 million and £25m million please talk to your relationship manager to apply or discuss your client needs.
If you don’t yet have a relationship manager assigned, please call 0800 022 4378.
We’re available from 8am to 8pm Monday to Friday and 9am to 1pm on Saturday, excluding bank holidays.
Financial Services Compensation Scheme
Due to FSCS eligibility criteria not all business customers will be covered.
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. 1.71% |
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. 1.70% |
|
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. 1.41% |
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. 1.40% |
|
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. 1.00% |
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. 1.00% |
|
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. 1.00% |
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. 1.00% |
|
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. 1.00% |
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. 1.00% |
|
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. 1.00% |
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. 1.00% |
These interest rates will apply from 15 April 2025. Interest is calculated daily and applied monthly.