High Interest Accumulation Account
A High Interest Accumulation Account is a high interest bank
account which pays the interest upon the closure of the
account. Whilst the interest is calculated and accrued on a
daily basis, the interest is only paid to the account on closure*
(dependent on your country of residence for taxation).
Account
operation
Minimum deposit of £50,000, US$75,000 or
€75,000. Withdrawals can be made on demand and additional
funds can be added at any time with no minimum transaction
amount. The account and accumulated interest will be reported
within your monthly Focus
report.
Competitive interest rates
The High Interest Accumulation
Account offers a competitive interest rate which changes
whenever the bank's published rates change. The actual
rate applied is based upon the sum deposited. Please click
here for indicative interest
rates.
* The minimum balance must be maintained on the
account if interest is to accrue.