This same day access account offers a great opportunity for UK companies to benefit from changes in the currency market – maximising returns on surplus funds held in euros or US dollars.

Interest rates are benchmarked, the Bank of Scotland Euro Managed Rate against EONIA (Euro Overnight Index Average) and the Bank of Scotland US Dollar Managed Rate is based on US Federal Benchmark rate. The managed rates may vary at any time and the interest rate will change accordingly.

• Minimum initial deposit of £100,000 in equivalent $ or €.
• Maximum deposits over the $ or € equivalent of £50,000,000 will be accepted at the Bank's discretion.
• Calculated daily on cleared balance and paid to your account on last business day of month.
• Same day access to funds with minimum withdrawal of €20,000 / $20,000 (instruction to be received by 11am from customer)*.
• Peace of mind that your funds can only ever be repatriated to your nominated accounts.
• Locally based Relationship Manager alongside a dedicated team who administers your account.
• No third party payments are allowed.
• Option to have two nominated accounts – one in Sterling and/or currency account.

For the current rates refer to the tables below:

Rate Table

Foreign Exchange

If you have overseas assets or trade overseas, making or receiving currency payments, you will be exposed to currency risk. Our Treasury experts' help and advice could make a real difference in managing your currency risk exposures while optimising your cash flow, leaving you to focus on those aspects of your business which you can control. Find out more.

Corporate Online

Corporate Online keeps you right up-to-speed with the latest position on your domestic transactions, balances and statements. With this cutting-edge service, you can trade online using foreign exchange** and instruct international payments* from your sterling or currency accounts using live rates. Find out more.