Fixed Term Deposits
Lloyds Bank International Savings Account.
-
Sterling and US Dollar
Access
At the end of the term. For deposits with a term of less than 12 months, see additional information below.
Term
6 months to 2 years, other terms may be available on request.
Annual interest rate (AER /Gross)
See below.
Minimum deposit
£10,000/US$10,000/€10,000
Maximum deposit
£5,000,000/US$5,000,000/€5,000,000
Annual interest rate (Gross/AER)
Select currency:
Sterling:
Deposit Term
Tier
Annual Interest % (Gross/AER)
SterlingDeposit Term
6 months
Tier
£10,000+
Annual Interest % (Gross/AER) Sterling
1.95
Deposit Term
1 year
Tier
£10,000+
Annual Interest % (Gross/AER) Sterling
3.10
Deposit Term
2 years
Tier
£10,000+
Annual Interest % (Gross/AER) Sterling
2.65
Deposit Term
6 months
Tier
£50,000+
Annual Interest % (Gross/AER) Sterling
4.00
Deposit Term
1 year
Tier
£50,000+
Annual Interest % (Gross/AER) Sterling
3.70
Deposit Term
2 years
Tier
£50,000+
Annual Interest % (Gross/AER) Sterling
3.10
Deposit Term
Tier
Annual Interest % (Gross/AER)
US DollarDeposit Term
6 months
Tier
$10,000+
Annual Interest % (Gross/AER)US Dollar
2.65
Deposit Term
1 year
Tier
$10,000+
Annual Interest % (Gross/AER)US Dollar
3.00
Deposit Term
2 years
Tier
$10,000+
Annual Interest % (Gross/AER)US Dollar
3.00
Deposit Term
6 months
Tier
$50,000+
Annual Interest % (Gross/AER)US Dollar
3.70
Deposit Term
1 year
Tier
$50,000+
Annual Interest % (Gross/AER)US Dollar
3.50
Deposit Term
2 years
Tier
$50,000+
Annual Interest % (Gross/AER)US Dollar
3.00
Deposit Term
Tier
Annual Interest % (Gross/AER)
EuroDeposit Term
6 months
Tier
€10,000+
Annual Interest % (Gross/AER)Euro
0.60
Deposit Term
1 year
Tier
€10,000+
Annual Interest % (Gross/AER)Euro
0.90
Deposit Term
2 years
Tier
€10,000+
Annual Interest % (Gross/AER)Euro
1.25
Deposit Term
6 months
Tier
€50,000+
Annual Interest % (Gross/AER)Euro
1.50
Deposit Term
1 year
Tier
€50,000+
Annual Interest % (Gross/AER)Euro
1.75
Deposit Term
2 years
Tier
€50,000+
Annual Interest % (Gross/AER)Euro
1.50
Important information
- We will open a fee-free servicing account (Money Market Call Account) to allow you to
- Make your initial deposit.
- Withdraw your money at the end of the term.
- The interest rates advertised are not fixed until receipt of your deposit and any supporting documentation required to open your Fixed Term Deposit.
- No additional deposits are allowed
For accounts opened on or after the 2nd September 2024
At the end of the term, we will pay the entire balance of the account to the servicing account.
For accounts opened before the 2nd September 2024
At the end of term we will:
- for accounts where the term is less than 12 months, reinvest the entire balance of the account in a new Fixed Term Deposit account with a term that is the same and at the new rate of interest that applies on the date of reinvestment
- for accounts where the term is 12 months or more, pay the entire balance of the account to the servicing account.
Definitions:
- Gross rate: is the contractual rate of interest payable before deduction of income tax at the rate specified by law.
- AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will include an AER, it makes it easier for you to compare what return you can expect from your savings over time.
- We will open a fee-free servicing account (Money Market Call Account) to allow you to
-
You're eligible if:
- You are aged 18 or over.
- You can deposit a minimum of £10,000, $10,000 or €10,000 in the account.
Depending on legislation and regulations of the country you live in, we may not be able to offer you this account.
-
There is no fee for opening and holding a Fixed Term Deposit. There may be fees for early closures, and these are detailed within your terms and conditions.
-
Please note there are separate versions of the terms and conditions documents for
- accounts which until 1 August 2022 were held with Lloyds Bank (International Services) Limited (LBISL) and
- all other accounts held with Lloyds Bank Corporate Markets plc (LBCM) which were NOT held with Lloyds Bank (International Services) Limited accounts until 1 August 2022.
Customer Relationship Agreement – LBCM (PDF, 383KB) [excluding accounts which until 1 August 2022 were held with Lloyds Bank (International Services) Limited]
Customer Relationship Agreement – Ex-LBISL (PDF, 313KB) [for Lloyds Bank Corporate Markets plc accounts which until 1 August 2022 were held with Lloyds Bank (International Services) Limited]
Account terms and conditions PDF - LBCM (PDF, 226KB) [excluding accounts which until 1 August 2022 were held with Lloyds Bank (International Services) Limited]
Account terms and conditions – Ex-LBISL (PDF, 324KB) [for Lloyds Bank Corporate Markets plc accounts which until 1 August 2022 were held with Lloyds Bank (International Services) Limited]
Frequently asked questions
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We currently offer Fixed Term Deposits for 6 months to 2 years in Sterling, US Dollar and Euro. Other terms and currencies may be available on request.
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We will open you a Call Account for each currency you hold a Fixed Term Deposit in but you don't need to maintain the usual minimum deposit in this account. It just allows you to deposit money into your Fixed Term Deposit and withdraw it at maturity.
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Yes, the interest rate is fixed for the whole term of your Fixed Term Deposit. Any subsequent changes in the interest rate will only affect new Fixed Term Deposits.
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You can’t make withdrawals from this account, but you can close the account early by contacting us. Bear in mind that if you close the account early, for the one year term account you’ll be charged the equivalent of 90 days’ gross interest. For the two year term account you’ll be charged the equivalent of 180 days’ gross interest. This means you may get back less than you put in.
At the end of the term we will contact you to explain your options and next steps.