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Current Account Interest Rates

Sterling Current Account Interest Rates

Listed below are the interest rates for sterling current accounts. To view rates for other currencies please click on the relevant tab above.

Current Account Interest Rates Previous Monthly Gross**
(%)
Current Monthly Gross**
(%)
Previous AER†
(%)
Current AER†
(%)
All balances 0.10 0.10 0.10 0.10
Minimum deposit required to open and maintain a Sterling Account is £2,500; the maximum balance is £30,000,000.
Interest is calculated on the cleared credit balance on a daily basis.
Interest is paid monthly and credited to accounts on the first day of the month.
There are no minimum credit or withdrawal restrictions.

**

Automatic Exchange of Information

If you are resident in the EU (including the UK) gross interest will be paid to you and be subject to an automatic exchange of information with The Guernsey Income Tax Authority. This report will detail your full name, address, account number/s, date of birth, place of birth, tax identification number (if known) and the amount of interest added to your account/s. Thereafter this will be forwarded to the tax authorities in your country of residence.

If you are deemed to be exempt from the "EU savings directive" for tax purposes in your country of residence, we may be able to pay you gross interest without the need for automatic exchange of information. It remains the responsibility of individual investors to disclose the interest earned on their accounts to the relevant tax authorities.

For further information, please call + 44 (0) 1481 711102.

Up to 31 December 2010 only:

Retention Tax Option

Existing customers who have opted for the deduction of Retention Tax and are EU resident tax payers’ interest will be paid, by default, net of the applicable amount of tax.

† The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.

In all cases, you will be responsible for disclosure to the relevant tax authorities of the amount of interest credited to the Account and the settlement of any tax liability thereon.

This webpage and any accompanying documentation reflect our understanding of the tax position of some customers holding accounts with Clydesdale Bank International ("CBI"). However, CBI is not a tax advisor and accepts no liability for any errors or omissions on this webpage or accompanying documentation. If you have any questions relating to your tax circumstances and obligations you should seek professional advice or contact the relevant tax authorities.

Rates of interest are subject to change but are correct as at 31st March 2009. You can find out about our current interest rates:

  • from your branch
  • by phoning our helpline on +44 (0) 1481 711102~
  • on our website www.clydesdalebankinternational.com

~ For your security, calls may be monitored or recorded.

Important Information

Clydesdale Bank International is a trading name of Clydesdale Bank PLC. The Guernsey Branch of Clydesdale Bank PLC is licensed by the Guernsey Financial Services Commission as a deposit-taking business, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994, as amended. Clydesdale Bank International is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.

Full details are available on the Scheme's website www.dcs.gg or on request.

There is currently no Financial Services Ombudsman Scheme operational in Guernsey. Deposits with Clydesdale Bank International are not covered by the Financial Services Compensation Scheme established in the UK under the Financial Services and Markets Act 2000, nor are deposits with Clydesdale Bank International covered by any equivalent scheme in any other jurisdiction.

Principal place of business in Guernsey: Clydesdale House, North Clifton, St Peter Port, Guernsey, GY1 1JR

Telephone: + 44 (0) 1481 711102 Fax: + 44 (0) 1481 723663

Clydesdale Bank PLC. Registered in Scotland (No. SC001111). Registered Office: 30 St Vincent Place, Glasgow, G1 2HL.

View full details of The Guernsey Banking Compensation Scheme

 

US ($) Current Account Interest Rates

Current Account Interest Rates Previous Monthly Gross**
(%)
Current Monthly Gross**
(%)
Previous AER†
(%)
Current AER†
(%)
All balances 1.05 0.00 1.05 0.00
The above rates are paid on all balances.
Minimum deposit required to open and maintain a currency Current Account is 5,000 in your chosen currency.
The maximum balance is 60,000,000 in your chosen currency.
Interest is calculated on the cleared credit balance on a daily basis.
Interest paid monthly and credited to accounts on the first day of the month.
There are no minimum credit or withdrawal restrictions.

**

Automatic Exchange of Information

If you are resident in the EU (including the UK) gross interest will be paid to you and be subject to an automatic exchange of information with The Guernsey Income Tax Authority. This report will detail your full name, address, account number/s, date of birth, place of birth, tax identification number (if known) and the amount of interest added to your account/s. Thereafter this will be forwarded to the tax authorities in your country of residence.

If you are deemed to be exempt from the "EU savings directive" for tax purposes in your country of residence, we may be able to pay you gross interest without the need for automatic exchange of information. It remains the responsibility of individual investors to disclose the interest earned on their accounts to the relevant tax authorities.

For further information, please call + 44 (0) 1481 711102.

Up to 31 December 2010 only:

Retention Tax Option

Existing customers who have opted for the deduction of Retention Tax and are EU resident tax payers’ interest will be paid, by default, net of the applicable amount of tax.

† The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.

In all cases, you will be responsible for disclosure to the relevant tax authorities of the amount of interest credited to the Account and the settlement of any tax liability thereon.

This webpage and any accompanying documentation reflect our understanding of the tax position of customers making investments with Clydesdale Bank International ("CBI"). However, CBI is not a tax advisor and accepts no liability for any errors or omissions on this webpage or accompanying documentation. If you have any questions relating to your tax circumstances and obligations you should seek professional advice or contact the relevant tax authorities.

Rates of interest are subject to change but are correct as at 31st December 2008. You can find out about our current interest rates:

~ For your security, calls may be monitored or recorded

Important Information

Clydesdale Bank International is a trading name of Clydesdale Bank PLC. The Guernsey Branch of Clydesdale Bank PLC is licensed by the Guernsey Financial Services Commission as a deposit-taking business, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994, as amended. Clydesdale Bank International is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.

Full details are available on the Scheme's website www.dcs.gg or on request.

There is currently no Financial Services Ombudsman Scheme operational in Guernsey. Deposits with Clydesdale Bank International are not covered by the Financial Services Compensation Scheme established in the UK under the Financial Services and Markets Act 2000, nor are deposits with Clydesdale Bank International covered by any equivalent scheme in any other jurisdiction.

Principal place of business in Guernsey: Clydesdale House, North Clifton, St Peter Port, Guernsey, GY1 1JR

Telephone: + 44 (0) 1481 711102 Fax: + 44 (0) 1481 723663

Clydesdale Bank PLC. Registered in Scotland (No. SC001111). Registered Office: 30 St Vincent Place, Glasgow, G1 2HL.

View full details of The Guernsey Banking Compensation Scheme


 

Euro (€) Current Account Interest Rates

Current Account Interest Rates Previous Monthly Gross**
(%)
Current Monthly Gross**
(%)
Previous AER†
(%)
Current AER†
(%)
All balances 0.15 0.00 0.00 0.00
The above rates are paid on all balances.
Minimum deposit required to open and maintain a currency Current Account is 5,000 in your chosen currency.
The maximum balance is 60,000,000 in your chosen currency.
Interest is calculated on the cleared credit balance on a daily basis.
Interest paid monthly and credited to accounts on the first day of the month.
There are no minimum credit or withdrawal restrictions.

**

Automatic Exchange of Information

If you are resident in the EU (including the UK) gross interest will be paid to you and be subject to an automatic exchange of information with The Guernsey Income Tax Authority. This report will detail your full name, address, account number/s, date of birth, place of birth, tax identification number (if known) and the amount of interest added to your account/s. Thereafter this will be forwarded to the tax authorities in your country of residence.

If you are deemed to be exempt from the "EU savings directive" for tax purposes in your country of residence, we may be able to pay you gross interest without the need for automatic exchange of information. It remains the responsibility of individual investors to disclose the interest earned on their accounts to the relevant tax authorities.

For further information, please call + 44 (0) 1481 711102.

Up to 31 December 2010 only:

Retention Tax Option

Existing customers who have opted for the deduction of Retention Tax and are EU resident tax payers’ interest will be paid, by default, net of the applicable amount of tax.

† The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.

In all cases, you will be responsible for disclosure to the relevant tax authorities of the amount of interest credited to the Account and the settlement of any tax liability thereon.

This webpage and any accompanying documentation reflect our understanding of the tax position of customers making investments with Clydesdale Bank International ("CBI"). However, CBI is not a tax advisor and accepts no liability for any errors or omissions on this webpage or accompanying documentation. If you have any questions relating to your tax circumstances and obligations you should seek professional advice or contact the relevant tax authorities.

Rates of interest are subject to change but are correct as at 10th June 2009. You can find out about our current interest rates:

~ For your security, calls may be monitored or recorded

Important Information

Clydesdale Bank International is a trading name of Clydesdale Bank PLC. The Guernsey Branch of Clydesdale Bank PLC is licensed by the Guernsey Financial Services Commission as a deposit-taking business, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994, as amended. Clydesdale Bank International is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.

Full details are available on the Scheme's website www.dcs.gg or on request.

There is currently no Financial Services Ombudsman Scheme operational in Guernsey. Deposits with Clydesdale Bank International are not covered by the Financial Services Compensation Scheme established in the UK under the Financial Services and Markets Act 2000, nor are deposits with Clydesdale Bank International covered by any equivalent scheme in any other jurisdiction.

Principal place of business in Guernsey: Clydesdale House, North Clifton, St Peter Port, Guernsey, GY1 1JR

Telephone: + 44 (0) 1481 711102 Fax: + 44 (0) 1481 723663

Clydesdale Bank PLC. Registered in Scotland (No. SC001111). Registered Office: 30 St Vincent Place, Glasgow, G1 2HL.

View full details of The Guernsey Banking Compensation Scheme


 

Australia ($) Current Account Interest Rates

Current Account Interest Rates Previous Monthly Gross**
(%)
Current Monthly Gross**
(%)
Previous AER†
(%)
Current AER†
(%)
All balances 1.93 1.70 1.93 1.70
The above rates are paid on all balances.
Minimum deposit required to open and maintain a currency Current Account is 5,000 in your chosen currency.
The maximum balance is 60,000,000 in your chosen currency.
Interest is calculated on the cleared credit balance on a daily basis.
Interest paid monthly and credited to accounts on the first day of the month.
There are no minimum credit or withdrawal restrictions.

**

Automatic Exchange of Information

If you are resident in the EU (including the UK) gross interest will be paid to you and be subject to an automatic exchange of information with The Guernsey Income Tax Authority. This report will detail your full name, address, account number/s, date of birth, place of birth, tax identification number (if known) and the amount of interest added to your account/s. Thereafter this will be forwarded to the tax authorities in your country of residence.

If you are deemed to be exempt from the "EU savings directive" for tax purposes in your country of residence, we may be able to pay you gross interest without the need for automatic exchange of information. It remains the responsibility of individual investors to disclose the interest earned on their accounts to the relevant tax authorities.

For further information, please call + 44 (0) 1481 711102.

Up to 31 December 2010 only:

Retention Tax Option

Existing customers who have opted for the deduction of Retention Tax and are EU resident tax payers’ interest will be paid, by default, net of the applicable amount of tax.

† The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.

In all cases, you will be responsible for disclosure to the relevant tax authorities of the amount of interest credited to the Account and the settlement of any tax liability thereon.

This webpage and any accompanying documentation reflect our understanding of the tax position of customers making investments with Clydesdale Bank International ("CBI"). However, CBI is not a tax advisor and accepts no liability for any errors or omissions on this webpage or accompanying documentation. If you have any questions relating to your tax circumstances and obligations you should seek professional advice or contact the relevant tax authorities.

Rates of interest are subject to change but are correct as at 1st May 2009. You can find out about our current interest rates:

~ For your security, calls may be monitored or recorded

Important Information

Clydesdale Bank International is a trading name of Clydesdale Bank PLC. The Guernsey Branch of Clydesdale Bank PLC is licensed by the Guernsey Financial Services Commission as a deposit-taking business, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994, as amended. Clydesdale Bank International is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.

Full details are available on the Scheme's website www.dcs.gg or on request.

There is currently no Financial Services Ombudsman Scheme operational in Guernsey. Deposits with Clydesdale Bank International are not covered by the Financial Services Compensation Scheme established in the UK under the Financial Services and Markets Act 2000, nor are deposits with Clydesdale Bank International covered by any equivalent scheme in any other jurisdiction.

Principal place of business in Guernsey: Clydesdale House, North Clifton, St Peter Port, Guernsey, GY1 1JR

Telephone: + 44 (0) 1481 711102 Fax: + 44 (0) 1481 723663

Clydesdale Bank PLC. Registered in Scotland (No. SC001111). Registered Office: 30 St Vincent Place, Glasgow, G1 2HL.

View full details of The Guernsey Banking Compensation Scheme


 

New Zealand ($) Current Account Interest Rates

Current Account Interest Rates Previous Monthly Gross**
(%)
Current Monthly Gross**
(%)
Previous AER†
(%)
Current AER†
(%)
All balances 1.70 1.20 1.70 1.20
The above rates are paid on all balances.
Minimum deposit required to open and maintain a currency Current Account is 5,000 in your chosen currency.
The maximum balance is 60,000,000 in your chosen currency.
Interest is calculated on the cleared credit balance on a daily basis.
Interest paid monthly and credited to accounts on the first day of the month.
There are no minimum credit or withdrawal restrictions.

**

Automatic Exchange of Information

If you are resident in the EU (including the UK) gross interest will be paid to you and be subject to an automatic exchange of information with The Guernsey Income Tax Authority. This report will detail your full name, address, account number/s, date of birth, place of birth, tax identification number (if known) and the amount of interest added to your account/s. Thereafter this will be forwarded to the tax authorities in your country of residence.

If you are deemed to be exempt from the "EU savings directive" for tax purposes in your country of residence, we may be able to pay you gross interest without the need for automatic exchange of information. It remains the responsibility of individual investors to disclose the interest earned on their accounts to the relevant tax authorities.

For further information, please call + 44 (0) 1481 711102.

Up to 31 December 2010 only:

Retention Tax Option

Existing customers who have opted for the deduction of Retention Tax and are EU resident tax payers’ interest will be paid, by default, net of the applicable amount of tax.

† The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.

In all cases, you will be responsible for disclosure to the relevant tax authorities of the amount of interest credited to the Account and the settlement of any tax liability thereon.

This webpage and any accompanying documentation reflect our understanding of the tax position of customers making investments with Clydesdale Bank International ("CBI"). However, CBI is not a tax advisor and accepts no liability for any errors or omissions on this webpage or accompanying documentation. If you have any questions relating to your tax circumstances and obligations you should seek professional advice or contact the relevant tax authorities.

Rates of interest are subject to change but are correct as at 10th June 2009. You can find out about our current interest rates:

~ For your security, calls may be monitored or recorded

Important Information

Clydesdale Bank International is a trading name of Clydesdale Bank PLC. The Guernsey Branch of Clydesdale Bank PLC is licensed by the Guernsey Financial Services Commission as a deposit-taking business, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994, as amended. Clydesdale Bank International is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.

Full details are available on the Scheme's website www.dcs.gg or on request.

There is currently no Financial Services Ombudsman Scheme operational in Guernsey. Deposits with Clydesdale Bank International are not covered by the Financial Services Compensation Scheme established in the UK under the Financial Services and Markets Act 2000, nor are deposits with Clydesdale Bank International covered by any equivalent scheme in any other jurisdiction.

Principal place of business in Guernsey: Clydesdale House, North Clifton, St Peter Port, Guernsey, GY1 1JR

Telephone: + 44 (0) 1481 711102 Fax: + 44 (0) 1481 723663

Clydesdale Bank PLC. Registered in Scotland (No. SC001111). Registered Office: 30 St Vincent Place, Glasgow, G1 2HL.

View full details of The Guernsey Banking Compensation Scheme