Know the deposit balance rates and requirements before opening an account.
Savings deposit
USD
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%
GBP
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.
Time deposit
Board effective rates effective March 27, 2023
GBP (%)
Amount
91 days
182 days
364 days
5,000 - 9,999
3.500%
3.750%
4.000%
10,000 - 84,999
3.500%
3.750%
4.000%
85,000 - 149,999
3.500%
3.750%
4.000%
150,000 and above
Call treasury unit for quote
Call treasury unit for quote
Call treasury unit for quote
USD (%)
Amount
91 days
182 days
364 days
5,000 - 9,999
4.000%
4.250%
4.500%
10,000 - 84,999
4.000%
4.250%
4.500%
85,000 - 149,999
4.000%
4.250%
4.500%
150,000 and above
Call treasury unit for quote
Call treasury unit for quote
Call treasury unit for quote
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.
Contact us
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 our contact center via our 24-hour hotline
We use cookies to improve your experience and provide you with better services. By continuing to browse our website, you agree to our data protection policy.