
Summary Box
Current Plus Account (GBP)
Account Name
What is the interest rate?
Balance | Gross per year % | AER % |
0+ | 0.00 | 0.00 |
Interest is accrued daily on the daily net value dated balance and applied monthly on the final working day. A Deposit Interest Charge will apply where you hold credit balances greater than the thresholds outlined above. If you hold balances greater than the threshold shown, the Deposit Interest Charge will apply to the portion of the balance that you hold above the threshold.
Our most recent historic deposit interest rates are available to you. Your web browser may permit a download of these here, or alternatively we can provide a copy on request.
Can SVB change the interest rate?
What would the estimated balance be after 12 months based on a representative range?
Deposit amount | Estimated value after a year |
GBP 1,000 | GBP 1,000 |
The estimated value is based on interest remaining on account and no change to the interest rate for 12 months and no withdrawals made. This is provided for illustrative purposes and does not take into account your individual circumstances.
How do I open and manage my account?
Once open, accounts can be managed via online banking, over the phone or via email. Any qualifying customer can open this account with GBP 0.01 and currently there is no maximum amount.
Can I withdraw money?
Additional information
Corporate Deposit Account
Account Name
What is the interest rate?
Balance | Gross per year % | AER % |
0+ | 2.40 | 2.43 |
250,000+ | 1.55 | 1.56 |
5,000,000+ | 1.65 | 1.66 |
USD - Effective from 4 May 2023
Balance | Gross per year % | AER % |
0+ | 2.25 | 2.27 |
250,000+ | 1.60 | 1.61 |
5,000,000+ | 1.70 | 1.71 |
EUR - Effective from 10 May 2023
Balance | Gross per year % | AER % |
0+ | 1.00 | 1.00 |
5,000,000+ | 1.05 | 1.06 |
AUD - Effective from 3 May 2023
Balance | Gross per year % | AER % |
0 | 0.85 | 0.86 |
CAD - Effective from 25 January 2023
Balance | Gross per year % | AER % |
0 | 1.50 | 1.53 |
CHF - Effective from 24 March 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
CNH - Effective from 1 July 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
DKK - Effective from 4 May 2023
Balance | Gross per year % | AER % |
0 | 0.85 | 0.86 |
HKD - Effective from 4 May 2023
Balance | Gross per year % | AER % |
0 | 2.50 | 2.56 |
ILS - Effective from 3 April 2023
Balance | Gross per year % | AER % |
0 | 2.50 | 2.56 |
JPY - Effective from 1 July 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
1,000,000,000+ | -0.10 | -0.10 |
NOK - Effective from 5 May 2022
Balance | Gross per year % | AER % |
0 | 0.25 | 0.25 |
NZD - Effective from 5 April 2023
Balance | Gross per year % | AER % |
0 | 2.25 | 2.30 |
SEK - Effective from 3 May 2023
Balance | Gross per year % | AER % |
0 | 1.50 | 1.53 |
SGD - Effective from 1 July 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
ZAR - Effective from 31 March 2023
Balance | Gross per year % | AER % |
0 | 0.75 | 0.75 |
Interest is accrued daily on the daily net value dated balance and applied monthly on the final working day. A Deposit Interest Charge will apply where you hold credit balances greater than the thresholds outlined above. If you hold balances greater than the threshold shown, the Deposit Interest Charge will apply to the portion of the balance that you hold above the threshold.
Our most recent historic deposit interest rates are available to you. Your web browser may permit a download of these here, or alternatively we can provide a copy on request.
Can SVB UK change the interest rate?
What would the estimated balance be after 12 months based on a representative range?
Deposit amount | Estimated value after a year |
GBP 1,000 | GBP 1,024.27 |
GBP 5,000,000 | GBP 5,083,126.77 |
Deposit amount | Estimated value after a year |
USD 1,000 | USD 1,022.73 |
USD 5,000,000 | USD 5,085,665.43 |
Deposit amount | Estimated value after a year |
EUR 1,000 | EUR 1,010.05 |
EUR 5,000,000 | EUR 5,052,753.39 |
Deposit amount | Estimated value after a year |
AUD 1,000 | AUD 1,000 |
Deposit amount | Estimated value after a year |
CAD 1,000 | CAD 1,000 |
Deposit amount | Estimated value after a year |
CHF 1,000 | CHF 1,000* |
Deposit amount | Estimated value after a year |
CNH 1,000 | CNH 1,000 |
Deposit amount | Estimated value after a year |
DKK 1,000 | DKK 1,000* |
Deposit amount | Estimated value after a year |
HKD 1,000 | HKD 1,000 |
Deposit amount | Estimated value after a year |
ILS 1,000 | ILS 1,000 |
Deposit amount | Estimated value after a year |
JPY 1,000 | JPY 1,000* |
Deposit amount | Estimated value after a year |
NOK 1,000 | NOK 1,000 |
Deposit amount | Estimated value after a year |
NZD 1,000 | NZD 1,000 |
Deposit amount | Estimated value after a year |
SEK 1,000 | SEK 1,000 |
Deposit amount | Estimated value after a year |
SGD 1,000 | SGD 1,000 |
Deposit amount | Estimated value after a year |
ZAR 1,000 | ZAR 1,000 |
The estimated value is based on interest remaining on account and no change to the interest rate for 12 months and no withdrawals made. This is provided for illustrative purposes.
How do I open and manage my account?
Once open, accounts can be managed via online banking, over the phone or via email. Any qualifying customer can open this account with 0.01 local currency and currently there is no maximum amount.
Can I withdraw money?
Additional information
* Deposit Interest Charge applies for CHF, DKK, EUR and JPY
Foreign Currency Account
Account Name
What is the interest rate?
Balance | Gross per year % | AER % |
0+ | 0.00 | 0.00 |
EUR - Effective from 27 July 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
30,000,000+ | 0.00 | 0.00 |
AUD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
CAD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
CHF - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
10,000,000+ | -1.00 | -1.00 |
CNH - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
DKK - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
75,000,000+ | -0.70 | -0.70 |
HKD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
ILS - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
JPY - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
1,000,000,000+ | -0.10 | -0.10 |
NOK - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
NZD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
SEK - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
SGD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
ZAR - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
Interest is accrued daily on the daily net value dated balance and applied monthly on the final working day. A Deposit Interest Charge will apply where you hold credit balances greater than the thresholds outlined above. If you hold balances greater than the threshold shown, the Deposit Interest Charge will apply to the portion of the balance that you hold above the threshold.
Our most recent historic deposit interest rates are available to you. Your web browser may permit a download of these here, or alternatively we can provide a copy on request.
Can SVB change the interest rate?
What would the estimated balance be after 12 months based on a representative range?
Deposit amount | Estimated value after a year |
USD 1,000 | USD 1,000 |
Deposit amount | Estimated value after a year |
EUR 1,000 | EUR 1,000* |
Deposit amount | Estimated value after a year |
AUD 1,000 | AUD 1,000 |
Deposit amount | Estimated value after a year |
CAD 1,000 | CAD 1,000 |
Deposit amount | Estimated value after a year |
CHF 1,000 | CHF 1,000* |
Deposit amount | Estimated value after a year |
CNH 1,000 | CNH 1,000 |
Deposit amount | Estimated value after a year |
DKK 1,000 | DKK 1,000* |
Deposit amount | Estimated value after a year |
HKD 1,000 | HKD 1,000 |
Deposit amount | Estimated value after a year |
ILS 1,000 | ILS 1,000 |
Deposit amount | Estimated value after a year |
JPY 1,000 | JPY 1,000* |
Deposit amount | Estimated value after a year |
NOK 1,000 | NOK 1,000 |
Deposit amount | Estimated value after a year |
NZD 1,000 | NZD 1,000 |
Deposit amount | Estimated value after a year |
SEK 1,000 | SEK 1,000 |
Deposit amount | Estimated value after a year |
SGD 1,000 | SGD 1,000 |
Deposit amount | Estimated value after a year |
ZAR 1,000 | ZAR 1,000 |
The estimated value is based on interest remaining on account and no change to the interest rate for 12 months and no withdrawals made. This is provided for illustrative purposes.
How do I open and manage my account?
Once open, accounts can be managed via online banking, over the phone or via email. Any qualifying customer can open this account with 0.01 local currency and currently there is no maximum amount.
Can I withdraw money?
Additional information
* Deposit Interest Charge applies for CHF, DKK, EUR and JPY
Client Monies Account (GBP)
Account Name
What is the interest rate?
Balance | Gross per year % | AER % |
0+ | 0.00 | 0.00 |
Interest is accrued daily on the daily net value dated balance and applied monthly on the final working day. A Deposit Interest Charge will apply where you hold credit balances greater than the thresholds outlined above. If you hold balances greater than the threshold shown, the Deposit Interest Charge will apply to the portion of the balance that you hold above the threshold.
Our most recent historic deposit interest rates are available to you. Your web browser may permit a download of these here, or alternatively we can provide a copy on request.
Can SVB change the interest rate?
What would the estimated balance be after 12 months based on a representative range?
Deposit amount | Estimated value after a year |
GBP 1,000 | GBP 1,016.50 |
GBP 5,000,000.00 | GBP 5,035,000.00 |
The estimated value is based on interest remaining on account and no change to the interest rate for 12 months and no withdrawals made. This is provided for illustrative purposes.
How do I open and manage my account?
Once open, accounts can be managed via online banking, over the phone or via email. Any qualifying customer can open this account with GBP 0.01 and currently there is no maximum amount.
Can I withdraw money?
Additional information
Foreign Currency Client Monies Account
Account Name
What is the interest rate?
Balance | Gross per year % | AER % |
0+ | 0.00 | 0.00 |
EUR - Effective from 27 July 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
30,000,000+ | 0.00 | 0.00 |
AUD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
CAD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
CHF - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
10,000,000+ | -1.00 | -1.00 |
CNH - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
DKK - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
75,000,000+ | -0.70 | -0.70 |
HKD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
ILS - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
JPY - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
1,000,000,000+ | -0.10 | -0.10 |
NOK - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
NZD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
SEK - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
SGD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
ZAR - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
Interest is accrued daily on the daily net value dated balance and applied monthly on the final working day. A Deposit Interest Charge will apply where you hold credit balances greater than the thresholds outlined above. If you hold balances greater than the threshold shown, the Deposit Interest Charge will apply to the portion of the balance that you hold above the threshold.
Our most recent historic deposit interest rates are available to you. Your web browser may permit a download of these here, or alternatively we can provide a copy on request.
Can SVB change the interest rate?
What would the estimated balance be after 12 months based on a representative range?
Deposit amount | Estimated value after a year |
USD 1,000 | USD 1,000 |
Deposit amount | Estimated value after a year |
EUR 1,000 | EUR 1,000* |
Deposit amount | Estimated value after a year |
AUD 1,000 | AUD 1,000 |
Deposit amount | Estimated value after a year |
CAD 1,000 | CAD 1,000 |
Deposit amount | Estimated value after a year |
CHF 1,000 | CHF 1,000* |
Deposit amount | Estimated value after a year |
CNH 1,000 | CNH 1,000 |
Deposit amount | Estimated value after a year |
DKK 1,000 | DKK 1,000* |
Deposit amount | Estimated value after a year |
HKD 1,000 | HKD 1,000 |
Deposit amount | Estimated value after a year |
ILS 1,000 | ILS 1,000 |
Deposit amount | Estimated value after a year |
JPY 1,000 | JPY 1,000* |
Deposit amount | Estimated value after a year |
NOK 1,000 | NOK 1,000 |
Deposit amount | Estimated value after a year |
NZD 1,000 | NZD 1,000 |
Deposit amount | Estimated value after a year |
SEK 1,000 | SEK 1,000 |
Deposit amount | Estimated value after a year |
SGD 1,000 | SGD 1,000 |
Deposit amount | Estimated value after a year |
ZAR 1,000 | ZAR 1,000 |
The estimated value is based on interest remaining on account and no change to the interest rate for 12 months and no withdrawals made. This is provided for illustrative purposes.
How do I open and manage my account?
Once open, accounts can be managed via online banking, over the phone or via email. Any qualifying customer can open this account with 0.01 local currency and currently there is no maximum amount.
Can I withdraw money?
Additional information
* Deposit Interest Charge applies for CHF, DKK, EUR and JPY
Corporate Deposit Client Monies Account
Account Name
What is the interest rate?
Balance | Gross per year % | AER % |
0+ | 0.00 | 0.00 |
5,000,000+ | 0.00 | 0.00 |
USD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0+ | 0.00 | 0.00 |
5,000,000+ | 0.00 | 0.00 |
EUR - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
30,000,000+ | -0.60 | -0.60 |
AUD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
CAD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
CHF - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
10,000,000+ | -1.00 | -1.00 |
CNH - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
DKK - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
75,000,000+ | -0.70 | -0.70 |
HKD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
ILS - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
JPY - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
1,000,000,000+ | -0.10 | -0.10 |
NOK - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
NZD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
SEK - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
SGD - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
ZAR - Effective from 1 June 2022
Balance | Gross per year % | AER % |
0 | 0.00 | 0.00 |
Interest is accrued daily on the daily net value dated balance and applied monthly on the final working day. A Deposit Interest Charge will apply where you hold credit balances greater than the thresholds outlined above. If you hold balances greater than the threshold shown, the Deposit Interest Charge will apply to the portion of the balance that you hold above the threshold.
Our most recent historic deposit interest rates are available to you. Your web browser may permit a download of these here, or alternatively we can provide a copy on request.
Can SVB change the interest rate?
What would the estimated balance be after 12 months based on a representative range?
Deposit amount | Estimated value after a year |
GBP 1,000 | GBP 1,000 |
GBP 5,000,000 | GBP 5,000,000 |
Deposit amount | Estimated value after a year |
USD 1,000 | USD 1,000 |
USD 5,000,000 | USD 5,005,002 |
Deposit amount | Estimated value after a year |
EUR 1,000 | EUR 1,000* |
Deposit amount | Estimated value after a year |
AUD 1,000 | AUD 1,000 |
Deposit amount | Estimated value after a year |
CAD 1,000 | CAD 1,000 |
Deposit amount | Estimated value after a year |
CHF 1,000 | CHF 1,000* |
Deposit amount | Estimated value after a year |
CNH 1,000 | CNH 1,000 |
Deposit amount | Estimated value after a year |
DKK 1,000 | DKK 1,000* |
Deposit amount | Estimated value after a year |
HKD 1,000 | HKD 1,000 |
Deposit amount | Estimated value after a year |
ILS 1,000 | ILS 1,000 |
Deposit amount | Estimated value after a year |
JPY 1,000 | JPY 1,000* |
Deposit amount | Estimated value after a year |
NOK 1,000 | NOK 1,000 |
Deposit amount | Estimated value after a year |
NZD 1,000 | NZD 1,000 |
Deposit amount | Estimated value after a year |
SEK 1,000 | SEK 1,000 |
Deposit amount | Estimated value after a year |
SGD 1,000 | SGD 1,000 |
Deposit amount | Estimated value after a year |
ZAR 1,000 | ZAR 1,000 |
The estimated value is based on interest remaining on account and no change to the interest rate for 12 months and no withdrawals made. This is provided for illustrative purposes.
How do I open and manage my account?
Once open, accounts can be managed via online banking, over the phone or via email. Any qualifying customer can open this account with 0.01 local currency and currently there is no maximum amount.
Can I withdraw money?
Additional information
* Deposit Interest Charge applies for CHF, DKK, EUR and JPY
30 Day Evergreen Notice Account
Account Name
What is the interest rate?
GBP - Effective from 1 May 2023 to 31 May 2023
Balance | Gross per year % | AER % |
0+ | 4.13 | 4.21 |
5,000,000+ | 4.18 | 4.26 |
USD - Effective from 1 May 2023 to 31 May 2023
Balance | Gross per year % | AER % |
0+ | 5.04 | 5.16 |
5,000,000+ | 5.09 | 5.21 |
EUR - Effective from 1 May 2023 to 31 May 2023
Balance | Gross per year % | AER % |
0+ | 2.90 | 2.94 |
As this is a tracker product, the interest rate will vary. The above is illustrating the interest rate currently on 1 May 2023 for the month of May 2023. Interest is accrued daily on the daily net value dated balance and applied monthly on the final working day.
Our most recent historic deposit interest rates are available to you. Your web browser may permit a download of these, or alternatively we can provide a copy on request.
Current interest rates and Deposit Interest Charges can be found here.
Can SVB change the interest rate?
Interest rates change monthly as they follow the published curve on the first working day of the month plus the agreed margin. The new rate takes effect on the first working day of each month. Interest will be calculated daily on the daily closing balance and applied on the last business day of each month to the linked account. We won’t change the margin without giving you at least 2 months’ written notice before the margin change comes into effect.
Until 5 July 2023
GBP
Balance | Published Curve | Margin |
0+ | GBP SONIA1 | -0.05% |
5,000,000+ | GBP SONIA1 | 0.00% |
USD
Balance | Published Curve | Margin |
0+ | USD Libor (1 Month)1 | -0.05% |
5,000,000+ | USD Libor (1 Month)1 | 0.00% |
EUR
Balance | Published Curve | Margin |
0+ | EUR Short-Term Rate (ЄSTR)1 | 0.00% |
1Reset on the first working day of each calendar month
From 5 July 2023, we’re changing the published curve. We will instead track the relevant major central bank rates listed below plus the agreed margin.
- GBP - Bank of England base rate;
- USD - Federal Reserve (mid-point);
- Euro - European Central Bank Deposit Rate
Interest rates will change on the date that any change in the relevant central bank rate takes effect. Interest will be calculated daily on the daily closing balance and applied on the last business day of each month to the linked account itself. You’ll find full details of the changes below and how they will affect the interest you earn.
From 5 July 2023
GBP
Balance | Published Curve | Margin |
0+ | Bank of England Base Rate Link2 (LINK) |
-0.40% |
5,000,000+ | -0.20% |
USD
Balance | Published Curve | Margin |
0+ | Mid Point Federal Reserve Target Rate2 (LINK) |
-0.40% |
5,000,000+ | -0.20% |
EUR
Balance | Published Curve | Margin |
0+ | ECB Deposit Rate (LINK) |
-0.40% |
5,000,000+ | -0.20% |
What would the estimated balance be after 12 months based on a representative range?
Deposit amount | Estimated value after a year |
GBP 50,000.00 | GBP 52,104.54 |
GBP 5,000,000.00 | GBP 5,213,050.95 |
Deposit amount | Estimated value after a year |
USD 50,000.00 | USD 52,579.03 |
USD 5,000,000.00 | USD 5,260,522.03 |
Deposit amount | Estimated value after a year |
EUR 50,000.00 | EUR 51,469.43 |
EUR 5,000,000.00 | EUR 5,146,942.76 |
The estimated value is based on interest remaining on account and no change to the interest rate for 12-month period and no withdrawals, including no early withdrawals made. This is provided for illustrative purposes.
What would the estimated balance be after 12 months based on a representative range?
Effective from 5 July 2023 based on the current published central bank rate
Deposit amount | Estimated value after a year |
GBP 50,000.00 | GBP 51,959.33 |
GBP 5,000,000.00 | GBP 5,206,301.52 |
Deposit amount | Estimated value after a year |
USD 50,000.00 | USD 52,414.34 |
USD 5,000,000.00 | USD 5,251,885.33 |
Deposit amount | Estimated value after a year |
EUR 50,000.00 | EUR 51,315.60 |
EUR 5,000,000.00 | EUR 5,141,810.71 |
The estimated value is based on interest remaining on account and no change to the interest rate for 12-month period and no withdrawals, including no early withdrawals made. This is provided for illustrative purposes and is based on the revised published curves and margins using rates as at 4 May 2023.
How do I open and manage my account?
Can I withdraw money?
Additional information
AER stands for Annual Equivalent Rate and illustrates what the interest rate or Deposit Interest Charge would be if interest was paid or charged and compounded for one year.
If in exceptional circumstances we agree to an early withdrawal or closure from your evergreen notice account (for example, you enter into insolvency), an early withdrawal charge will apply. This will consist of (i) an early withdrawal administration fee of £100 and (ii) an early withdrawal adjustment fee which is calculated by the deposit amount multiplied by the remaining days of the notice period divided by the currency basis for the calculation of interest (360 for USD and EUR, 365 for GBP) multiplied by the Libor rate (or the alternative replacement rate used by SVB) for the remaining notice period, less any interest accrued to that date. The total early withdrawal charge will be advised to you at the time of withdrawal. In the event of early withdrawal, you may not achieve the published rate of return and you may receive less money back than you initially deposited. The decision whether or not to accept your request will be made by us in our sole discretion.
90 Day Evergreen Notice Account
Account Name
What is the interest rate?
GBP - Effective from 1 May 2023 to 31 May 2023
Balance | Gross per year % | AER % |
0+ | 4.42 | 4.51 |
5,000,000+ | 4.52 | 4.61 |
USD - Effective from 1 May 2023 to 31 May 2023
Balance | Gross per year % | AER % |
0+ | 5.24 | 5.37 |
5,000,000+ | 5.34 | 5.47 |
EUR - Effective from 1 May 2023 to 31 May 2023
Balance | Gross per year % | AER % |
0+ | 3.17 | 3.22 |
5,000,000+ | 3.27 | 3.32 |
As this is a tracker product, the interest rate will vary. The above is illustrating the interest rate currently on 1 May 2023 for the month of May 2023. Interest is accrued daily on the daily net value dated balance and applied monthly on the final working day.
Our most recent historic deposit interest rates are available to you. Your web browser may permit a download of these, or alternatively we can provide a copy on request.
Current interest rates and Deposit Interest Charges can be found here.
Can SVB UK change the interest rate?
Interest rates change monthly as they follow the published curve on the first working day of the month plus the agreed margin. The new rate takes effect on the first working day of each month. Interest will be calculated daily on the daily closing balance and applied on the last business day of each month to the linked account. We won’t change the margin without giving you at least 2 months’ written notice before the margin change comes into effect:
Until 5th July 2023
GBP
Balance | Published Curve | Margin |
0+ | TSRR (3 month term Sonia Reference Rate)1 | -0.10% |
5,000,000+ | TSRR (3 month term Sonia Reference Rate)1 | 0.00% |
USD
Balance | Published Curve | Margin |
0+ | USD Libor (3 Month)1 | -0.10% |
5,000,000+ | USD Libor (3 Month)1 | 0.00% |
EUR
Balance | Published Curve | Margin (Min 0%) |
0+ | EUR (€STR) 3 Month1 | -0.10% |
5,000,000+ | EUR (€STR) 3 Month1 | 0.00% |
1Reset on the first working day of each calendar month
What would the estimated balance be after 12 months based on a representative range?
Deposit amount | Estimated value after a year |
GBP 50,000.00 | GBP 52,255.33 |
GBP 5,000,000.00 | GBP 5,230,741.25 |
Deposit amount | Estimated value after a year |
USD 50,000.00 | USD 52,683.85 |
USD 5,000,000.00 | USD 5,273,632.74 |
Deposit amount | Estimated value after a year |
EUR 50,000.00 | EUR 51,608.23 |
EUR 5,000,000.00 | EUR 5,165,972.85 |
The estimated value is based on interest remaining on account and no change to the interest rate for 12-month period and no withdrawals, including no early withdrawals made. This is provided for illustrative purposes.
What would the estimated balance be after 12 months based on a representative range?
Effective from 5 July 2023 based on the current published central bank rate
Deposit amount | Estimated value after a year |
GBP 50,000.00 | GBP 52,063.02 |
GBP 5,000,000.00 | GBP 5,216,688.58 |
Deposit amount | Estimated value after a year |
USD 50,000.00 | USD 52,518.85 |
USD 5,000,000.00 | USD 5,262,355.72 |
Deposit amount | Estimated value after a year |
EUR 50,000.00 | EUR 51,418.11 |
EUR 5,000,000.00 | EUR 5,152,079.78 |
How do I open and manage my account?
Can I withdraw money?
Additional Information
AER stands for Annual Equivalent Rate and illustrates what the interest rate or Deposit Interest Charge would be if interest was paid or charged and compounded for one year.
If in exceptional circumstances we agree to an early withdrawal or closure from your evergreen notice account (for example, you enter into insolvency), an early withdrawal charge will apply. This will consist of (i) an early withdrawal administration fee of £100 and (ii) an early withdrawal adjustment fee which is calculated by the deposit amount multiplied by the remaining days of the notice period divided by the currency basis for the calculation of interest (360 for USD and EUR, 365 for GBP) multiplied by the Libor rate (or the alternative replacement rate used by SVB) for the remaining notice period, less any interest accrued to that date. The total early withdrawal charge will be advised to you at the time of withdrawal. In the event of early withdrawal, you may not achieve the published rate of return and you may receive less money back than you initially deposited. The decision whether or not to accept your request will be made by us in our sole discretion.
Fixed Term Deposit Account (GBP, USD & EURO)
Account Name
What is the interest rate?
Balance GBP | 1 Month Fixed Term |
3 Month Fixed Term |
6 Month Fixed Term |
12 Month Fixed Term |
Gross per year % | AER % | Gross per year % | AER % | Gross per year % | AER % | Gross per year % | AER % | |
GBP 50,000+ | 3.62 | 3.68 | 3.76 | 3.81 | 4.04 | 4.08 | 4.13 | 4.13 |
GBP 5,000,000+ | 3.77 | 3.84 | 4.01 | 4.07 | 4.29 | 4.34 | 4.38 | 4.38 |
Balance USD | 1 Month Fixed Term |
3 Month Fixed Term |
6 Month Fixed Term |
12 Month Fixed Term |
Gross per year % | AER % | Gross per year % | AER % | Gross per year % | AER % | Gross per year % | AER % | |
USD 50,000+ | 4.33 | 4.42 | 4.58 | 4.66 | 4.74 | 4.80 | 4.65 | 4.65 |
USD 5,000,000+ | 4.48 | 4.57 | 4.83 | 4.91 | 4.99 | 5.06 | 4.90 | 4.90 |
Balance EUR | 1 Month Fixed Term |
3 Month Fixed Term |
6 Month Fixed Term |
12 Month Fixed Term |
Gross per year % | AER % | Gross per year % | AER % | Gross per year % | AER % | Gross per year % | AER % | |
EUR 50,000+ | 2.89 | 2.93 | 3.07 | 3.11 | 3.42 | 3.45 | 3.67 | 3.67 |
EUR 5,000,000+ | 2.89 | 2.93 | 3.07 | 3.11 | 3.42 | 3.45 | 3.67 | 3.67 |
The above interest rates are an indication only, please contact your relationship manager for the latest rates prior to investing your deposit. Other terms are available on request. Interest is calculated daily from the date of your deposit and will be paid on the maturity date.
Our most recent historic deposit interest rates are available to you. Your web browser may permit a download of these here, or alternatively we can provide a copy on request.
In accordance with the Silicon Valley Bank UK Banking Terms and Conditions, if the relevant interest rate set out for your account is a negative rate or where we have notified you that a negative interest rate charge will apply to your non-interest bearing account, we reserve the right to charge interest on some of all of the credit balance of that account.
Can SVB change the interest rate?
In accordance with the Silicon Valley Bank UK Banking Terms and Conditions, if the relevant interest rate set out for your account is a negative rate or where we have notified you that a negative interest rate charge will apply to your non-interest bearing account, we reserve the right to charge interest on some or all of the credit balance of that account.
What would the estimated balance be on maturity date on a representative range?
GBP Deposit amount |
Estimated GBP value after |
1 Month | 3 Months | 6 Months | 12 Months | |
50,000 | 50,149 | 50,464 | 50,997 | 52,035 |
5,000,000 | 5,015,496 | 5,049,442 | 5,105,867 | 5,215,837 |
USD Deposit amount |
Estimated USD value after |
1 Month | 3 Months | 6 Months | 12 Months | |
50,000 | 50,180 | 50,572 | 51,186 | 52,325 |
5,000,000 | 5,018,673 | 5,060,329 | 5,124,860 | 5,244,980 |
EUR Deposit amount |
Estimated Euro value after |
1 Month | 3 Months | 6 Months | 12 Months | |
50,000 | 50,121 | 50,384 | 50,856 | 51,836 |
5,000,000 | 5,012,054 | 5,038,425 | 5,085,550 | 5,183,600 |
The estimated value is based on a fixed interest rate for specific term.
In accordance with the Silicon Valley Bank UK Banking Terms and Conditions, if the relevant interest rate set out for your account is a negative rate or where we have notified you that a negative interest rate charge will apply to your non-interest bearing account, we reserve the right to charge interest on some or all of the credit balance of that account.
How do I open and manage my account?
Can I withdraw money?
Additional information
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded for one year. Our most recent historic deposit interest rates are available to you. Your web browser may permit a download of these here, or alternatively we can provide a copy on request.