.jpeg)
We are not a bank, but we have partnered with a technology company that is one - through them, we are able to open savings accounts at the Bank of England which pay a very high rate of interest, and at no risk.
The reason that there is no risk is that we hold your funds as bare trustee, and our banking partners hold those funds at the Bank of England, liquid and unencumbered, so they simply sit there safely, gathering interest.
Every other bank, even those that offer a greater rate of interest, is taking a risk with your money. It sits on their balance sheet and is loaned out to other banking customers at a higher rate, which is how those banks make money.
Our rates are incredibly competitive:
We frequently check that we are offering the best value we can. To a great extent, our ability to offer great rates is controlled by the Bank of England base rate - you receive a set share of that rate depending on how long you commit your deposit for, and we charge a small portion of that.
What we find, however, is that because our overheads are so much lower than the big banks, we are able to deliver far better rates on the equivalent basis than they can.
The rates we show on our interactive calculator show the return both before and after any fees. The rates shown above are shown after any fees, so that is how much gets paid into your account at the end of each interest period.
Our fee is 10% of the gross interest you earn, or around £9 per day per million that you have deposited.
In addition to this, for some accounts we charge a modest annual account management fee. See our Account Information below for details.
DOS & Co. is a well-known name in the private family office space in London. We support entrepreneurs, wealth families and new and young wealth in all aspects of their 'back of house' lives, from legal services to escrow services, consolidated wealth-management reporting and third-party managed payments.
We are a Certified B Corporation and a founding Member of We are PRIME.
Our offices are in Central London and we are regulated by the Financial Conduct Authority for the provision of payment services.
