Frequently Asked Questions
Cash Deposit Accounts
Frequently Asked Questions

How do you make money?

The Bank of England pays its full base rate on all deposits made with it. We deposit your funds at the Bank of London who, in turn, deposit those at the Bank of England. The Bank of London receives the full base rate from the Bank of England, takes a small percentage to cover the cost of its expensive technology and human resources that enable these accounts to even exist, and then passes the rest to us. We take 10% of the interest that comes through, leaving you with 90%.

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Cash Deposit Accounts

How do these accounts work?
How do you offer better rates than a high-street bank?
How can you offer better rates than ns&i?
Where is my money held?
Will I receive statements?
How often is my interest paid?
What happens at the end of the deposit term?
What happens if the Bank of England base rate drops?
What happens if the Bank of England base rate increases?
Cash Deposit Manager

Our Interest Rates

Our accounts come in three different types, which we work with you to blend in order to deliver the best return for your chosen liquidity.
Cash Deposit Manager

Our Accounts

We offer accounts for deposits of £1 million+ to companies, trusts, charities and private individuals, with no requirement to borrow from or invest with us - we simply look after your cash deposits.
How it Works
Our Accounts

Company Treasury

Utilise and safeguard bonuses, VAT, M&A proceeds and operational cash surpluses.

Private Clients

Hold large cash sums on high-interest deposit with no bank credit risk.

Charities

Safeguard charity cash assets and generate the maximum possible safe return.

Independent Schools

Deploy start-of-term fee surpluses and fees in advance savings to generate an ongoing return.

Regulatory Capital

Hold regulatory capital and 'own funds' on a high-interest, zero-risk basis.
In Action

Interactive Returns Calculator

Choose your deposit amount (from £1m+)
Enter the forecast Bank of England Base Rate
See your projected returns live in the calculator
There is no need to provide any email address or personal information. This illustration is for comparison purposes only - our rates flex with the Bank of England base rate, so your actual return may be less.

This is a zero-risk deposit at the Bank of England, and not an investment, so your money is not at risk.
Interactive Compound Interest Calculator
Open Returns Calculator