Running your Business | Corporate Banking | RBS International

Running your business

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

Change in Euro Cash Management Account interest rate

The interest rate applicable to our Euro Cash Management Account for Funds Banking, Financial & Corporate Services and Real Estate Finance clients will change from -0.50% per annum to -0.60% per annum with effect from 27 September.

This change follows the announcement by the European Central Bank on 12 September 2019 to cut interest rates by 0.10%.

Designed to meet your needs

Our range of services simplify and expedite day to day banking for your business, without compromising efficiency or security.

Explore what we offer

Business bank accounts

Business Current Account
Our Business Current Account supports your business on a day-to-day basis. Opening an account with us will provide you with access to the payment services and channels that you need to operate.


Business Reserve Account

An instant access deposit account that helps you manage surplus cash while improving your rate of return. For customers with a connection balance of under £25m. Interest is paid monthly. You can opt to use the automatic sweep facility from/to a Business Current Account to maximise returns on surplus funds.

Multi-Currency Cash Management Account

Holds all currency balances for funds held on call and can be used to transfer monies externally, internally and also to receive funds. You can use it for internal FX transactions too. To optimise the liquidity and return on funds we have developed a comprehensive cash management service which can operate in a number of ways:
 

  • As an interest-bearing account
  • To facilitate an interest-bearing fixed deposit account
  • To facilitate a loan providing either single repayment fixed term advances or amortisation of business term loan facilities.

Funds Banking, Financial & Corporate Services and Real Estate Finance managed rates:

These are rates which we set and which we can change. Credit interest is calculated on the credit balance on your Account(s) at the RBS International Managed Rate less a margin of 1.00%. Margins on positive Managed Rates do not result in a customer rate of less than zero. Where a Managed Rate is zero or negative, no margin is applied. 

Rates effective from 1st October 2018 and are subject to variation.

Currency Managed rate
Sterling (GBP) 0.35%
Euro (EUR) -0.50%
US Dollar (USD) 1.00%
Danish Krone (DKK) -0.50%
Swiss Franc (CHF) -0.95%
Swedish Krona (SEK) -0.70%
Australian Dollar (AUD) 0.35%
Canadian Dollar (CAD) 0.35%
Norwegian Krone (NOK) 0.15%
New Zealand Dollar (NZD) 0.50%
Turkish Lire (TRY) 4.70%
South African Rand (ZAR) 3.70%
Japanese Yen (JPY) -0.20%

 

All other available currencies are currently paying 0%.

Business and Commercial managed rates:

These are rates which we set and which we can change. Credit interest is calculated on the credit balance on your Account(s) at the RBS International Managed Rate less a margin of 1.00%. Margins on positive Managed Rates do not result in a customer rate of less than zero. Where a Managed Rate is zero or negative, no margin is applied. 

Rates effective from 1st October 2018 and are subject to variation

Currency Managed rate
Sterling (GBP) 0.35%
US Dollar (USD) 1.00%
Australian Dollar (AUD) 0.35%
Canadian Dollar (CAD) 0.35%
Norwegian Krone (NOK) 0.15%
New Zealand Dollar (NZD) 0.50%
Turkish Lire (TRY) 4.70%
South African Rand (ZAR) 3.70%

 

All other available currencies are currently paying 0%

Cards and Payments

RBSI OneCard
Simplify payments, control spending, ease cash flow and get comprehensive management information reporting. The adaptable RBS International OneCard can be used at millions of outlets worldwide for business procurement and travel and entertainment spending. Give employees their own card or use the hosted OneCard option, where details are lodged with specific suppliers and all spend goes against one card number.
 

ClearSpend
ClearSpend is a free web and mobile app that gives our OneCard customers complete control of their account in real time and lets employees check their balance on the go. ClearSpend is a UK banking industry first and works across all the major platforms including Android, iOS or your web browser.


Payments
Maximise cash flow and streamline procurement by making payments reliably, quickly and flexibly using our efficient processing solutions. A choice of BACs, CHAPS, Faster Payments and International transfers help you make or receive payments domestically and internationally in a range of currencies.

eQ

With so many different accounts and transactions, meeting your business requirements and clients’ needs can be a time-consuming challenge. That’s why our experts focused on designing and delivering a resource to help. The result is eQ, our multi-currency online banking solution that's designed to meet your international and domestic banking needs.  

Worldpay

Worldpay enables your business to use less cash, transact anywhere at any time and receive quicker payment. A global leader in payments processing technology, Worldpay operates reliable and secure proprietary technology platforms that enable merchants to accept a vast array of payment types, across multiple channels (face to face, online, by phone and email), anywhere in the world.

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