Liquidity & Risk Management | Corporate Banking | RBS International

Liquidity and risk management

Get in touch
Get in touch

To speak to one of the team, please call:

 


Jersey

+44 (0)1534 285200

 


Guernsey
+44 (0)1481 710051

 


Isle of Man
+44 (0)1624 646464


London

+44 (0)1534 285200

 


Luxembourg

+352 270 330 260

 


Gibraltar
+350 200 73033

 

Calls may be recorded.

Careful planning and practice

We can help you implement a robust liquidity risk management strategy to preserve cash flow while making the most of your funds.

Explore what we offer

Notice Deposits

A Notice Deposit allows you to earn higher returns on surplus funds without having to lock them away for an extended period.

35 Day Notice Deposit

Balance Gross p.a. (variable) AER (variable)
Sterling £25,000+ 0.26% 0.26%
US Dollar $25,000+ 0.35% 0.35%
Euro €25,000+ 0.00% 0.00%

60 Day Notice Deposit

Balance Gross p.a. (variable) AER (variable)
Sterling £25,000+ 0.30% 0.30%
US Dollar $25,000+ 0.40% 0.40%
Euro €25,000+ 0.02% 0.02%

90 Day Notice Deposit

Balance Gross p.a. (variable) AER (variable)
Sterling £25,000+ 0.40% 0.40%
US Dollar $25,000+ 0.50% 0.50%
Euro €25,000+ 0.05% 0.05%

Rates effective from 11th August 2020 and are subject to variation.

  • Minimum deposit £25,000 or currency equivalent.
  • Interest rates are subject to variation.
  • Interest is calculated daily and paid on the last business day of each quarter in March, June, September and December, or at account closure.

Definitions

Annual Equivalent Rate (AER)
illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.

Gross Rate the interest rate you are paid.

p.a per annum (per year).

Common questions

How does Notice Deposit work?
You can manage your deposit in branch, in writing or by telephone.

  • Please note that if you do not already maintain a Business Treasury Cash Management account one is required to be opened when applying for a Notice deposit.
  • The deposit operates on a notice basis; interest is paid at the applicable rate until a minimum 35, 60 or 90 days notice of withdrawal is instructed on the 35, 60 or 90 day Notice Deposit.
  • Once notice has been provided, the amount, to which the notice applies, is placed on a Fixed Term Deposit. The Fixed Term Deposit interest rate on this amount (the Step Down Rate) will be calculated using the prevailing relevant Central Bank Rate for 35 days, plus the prevailing headline rate for the remainder of the notice period on both the 60 and 90 day products. This could be a negative rate.
  • Upon maturity of the Fixed Term Deposit the balance plus any earned interest will be credited to the Cash Management account from where it can be withdrawn.

Please speak to your Relationship Director for further details.


Can the interest rate change?

Yes, the rate is variable; the Notice Deposit rate can increase or decrease. If rates go down, we’ll give you notice of the change as follows:

  • at least 35 days notice for a 35 Day Notice Deposit
  • at least 60 days notice for a 60 Day Notice Deposit
  • at least 90 days notice for a 90 Day Notice Deposit

If rates go up, we’ll give you notice either before the change happens or as soon as possible afterwards.

The Fixed Term Deposit rate remains the same for the term of the Notice Deposit.


Can I withdraw money?
Yes, subject to a minimum withdrawal notice period of:

  • 35 days notice for a 35 Day Notice Deposit
  • 60 days notice for a 60 Day Notice Deposit
  • 90 days notice for a 90 Day Notice Deposit

Early withdrawals are not permitted. The notice period is effective from the date of receipt of the instruction to withdraw. If we receive your instruction after 12pm or on a non business day, notice will commence on the next working day.


Is there a minimum and a maximum deposit and withdrawal amount?
There is a £25,000 (or currency equivalent) minimum deposit requirement to open and maintain. This is not applicable to online transactions made through eQ

There is a £250 million (or currency equivalent), maximum deposit per customer

The minimum deposit and withdrawal amount is £25,000 or currency equivalent. This is not applicable to online transactions made through eQ.

Money Market Deposit

Our Markets teams provide a proactive Money Market service to help you manage your investments, liquidity and cash flow. Their services include:
 

  • Short-term investment products, liquidity management techniques and investment portfolios
  • Worldwide expertise to help you access cost effective sources of short term funding
  • A full range of currencies and maturities at both fixed and floating rates
  • An extensive choice of structured deposit and money market solutions

Foreign Exchange

Our Markets team work closely with you to deliver tailored solutions for your foreign exchange risk management needs including:
 

  • Hedging, investment and structuring solutions in over 30 currencies
  • Execution of large-scale transactions
  • A market-leading foreign exchange volatility database
  • Individual briefings from our team of economists and analysts
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