Interest on Client Money

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          
GBP15 February 20252.50%
GBP1 September 20242.75%
GBP1 April 20243.00%
GBP10 August 20232.80%
GBP1 July 20232.55%
GBP15 May 20232.05%
GBP1 April 20231.80%
GBP10 February 20231.55%
GBP28 December 2022                                        1.30%
GBP14 November 20221.05%
GBP1 October 20220.65%
GBP15 August 20220.40%
GBP1 July 20220.15%
   
USD15 February 20251.75%
USD1 September 20232.50%