Our active management of client cash means we can credit clients with competitive rates of interest.
We offer a secure, interest-bearing cash solution that gives competitive rates and seamless integration, but also gives clients additional value and flexibility through:
- Paying interest on all GBP and USD cash balances
- Having no minimum cash balances
- Holding all client monies in instant access
- Allowing restriction free withdrawals.
Where suitable for a client’s investment strategies, we also offer longer term cash solutions, for example we can custody money market funds and certificates of deposit for those seeking a potentially higher return. We recommend cash held with us is for investment purposes only.
Interest on Client Money is paid at the following rates per currency:
- GBP: 2.50% per annum, paid monthly, accrues daily
- USD: 1.75% per annum, paid half-yearly, accrues daily
- All others 0%.
All Client Money is held in instant access accounts.
Historic Interest Rates | ||
---|---|---|
Currency | Date of rate change | Interest rate per annum |
GBP | 15 February 2025 | 2.50% |
GBP | 1 September 2024 | 2.75% |
GBP | 1 April 2024 | 3.00% |
GBP | 10 August 2023 | 2.80% |
GBP | 1 July 2023 | 2.55% |
GBP | 15 May 2023 | 2.05% |
GBP | 1 April 2023 | 1.80% |
GBP | 10 February 2023 | 1.55% |
GBP | 28 December 2022 | 1.30% |
GBP | 14 November 2022 | 1.05% |
GBP | 1 October 2022 | 0.65% |
GBP | 15 August 2022 | 0.40% |
GBP | 1 July 2022 | 0.15% |
USD | 15 February 2025 | 1.75% |
USD | 1 September 2023 | 2.50% |