Deposit Balance Requirements and Rates
Know the deposit balance rates and requirements before opening an account.
Required initial deposit | Required monthly average daily balance | Required daily balance to earn interest | Interest rate per annum |
|---|---|---|---|
USD 5,000.00 | USD 5,000.00 | USD 5,000.00 | 3.00% |
Required initial deposit | Required monthly average daily balance | Required daily balance to earn interest | Interest rate per annum |
|---|---|---|---|
GBP 5,000.00 | GBP 5,000.00 | GBP 5,000.00 | 2.25% |
1) ADB refers to Average Daily Balance, which is defined as the sum of the daily end-of-day balances in the account for a month divided by the number of days in that month. The formula for computing ADB is as follows:
ADB = (Day 1 ending balance + Day 2 ending balance …+ Day 30/31 ending balance)
Number of days in the month (i.e. 30/31 days)
2) Daily Balance is equivalent to end-of-day account balance.
3) Interest payment is calculated daily based on end of day account balances and credited monthly. No interest will be paid out in the event that you close your account before the date of credit.
Board effective rates effective 19 September 2025
GBP (%)
Amount | 91 Days | 182 Days | 364 Days |
|---|---|---|---|
5,000 to 9,999 | 4.040% | 4.160% | 4.000% |
10,000 to 84,999 | 4.040% | 4.160% | 4.000% |
85,000 to 149,999 | 4.040% | 4.160% | 4.000% |
150,000 to 999,999 | 4.000% | 4.000% | 4.100% |
1,000,000 to 4,999,999 | 4.100% | 4.150% | 4.200% |
5Mn and above | Call Treasury Unit for Quote | ||
USD (%)
Amount | 91 Days | 182 Days | 364 Days |
|---|---|---|---|
5,000 to 9,999 | 3.900% | 3.800% | 3.600% |
10,000 to 84,999 | 3.900% | 3.800% | 3.600% |
85,000 to 149,999 | 3.900% | 3.800% | 3.600% |
150,000 to 999,999 | 4.100% | 4.000% | 3.800% |
1,000,000 to 4,999,999 | 4.100% | 4.000% | 3.800% |
5Mn and above | Call Treasury Unit for Quote | ||
EUR (%)
Amount | 91 Days | 182 Days | 364 Days |
|---|---|---|---|
5,000 to 9,999 | 1.050% | 1.100% | 1.200% |
10,000 to 84,999 | 1.050% | 1.100% | 1.200% |
85,000 to 149,999 | 1.050% | 1.100% | 1.200% |
150,000 to 999,999 | 1.750% | 1.850% | 1.550% |
1,000,000 to 4,999,999 | 1.750% | 1.850% | 1.550% |
5Mn and above | Call Treasury Unit for Quote | ||
For the rates of amounts from 150,000 and above, please call our Retail Operations Team at +44 0207 8350088.
As of 14 February 2025
Tenor | US T-Bill | SOFR Fix |
|---|---|---|
| 3 months | 4.22% | 4.32% |
| 6 months | 4.20% | 4.31% |
| 1 Year | 4.04% | 4.27% |
1) Interest rates are variable and we reserve the right to amend them from time to time.
2) Day count convention for GBP currency day is 365.
At BPI Europe PLC, we are committed to providing our customers with superior services. Your opinion(s) or suggestion(s) regarding our products and services will enable us to serve you better. To share your opinion(s) or suggestion(s), you may contact us through the following channels:
Get in touch with us using the phone number below:
(+020) 783-50088
You may also email us:
bpinoy@bpieuropeplc.com
Our business hours are:
Monday to Friday, 9:30 AM to 4:30 PM
Weekends and Bank Holidays – Closed
Get all the help for your banking needs.
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Bank of the Philippine Islands (Europe) Plc is registered in England and Wales. Registered No. 05888535. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority
6/F 95 Aldwych, London, WC2B 4JF
9:30 AM to 4:30 PM GMT (Monday to Friday)
Weekend - Closed
