Client Accounts Hub
Accounts for holding funds on behalf of a third party. Suitable for solicitors, accountants and property management companies as an example.
Financial Services Compensation Scheme
Eligible deposits with Bank of Scotland plc are protected up to a total of £85,000. Due to FSCS eligibility criteria not all business customers will be covered.
Commercial Designated Client account & Commercial Undesignated client Account
What is the interest rate?
It’s a variable rate, as shown in the table below.
Current interest rates.
These interest rates will apply from 21 January 2025. Interest is calculated daily and applied monthly.
|
Interest paid monthly |
AER (%)* |
Gross (%)** |
|---|---|---|
|
Interest paid monthly £10,000,000+ |
AER (%)* 1.81% |
Gross (%)** 1.80% |
|
Interest paid monthly £1,000,000+ |
AER (%)* 1.61% |
Gross (%)** 1.60% |
|
Interest paid monthly £250,000+ |
AER (%)* 1.11% |
Gross (%)** 1.10% |
|
Interest paid monthly £100,000+ |
AER (%)* 1.11% |
Gross (%)** 1.10% |
|
Interest paid monthly £50,000+ |
AER (%)* 1.11% |
Gross (%)** 1.10% |
|
Interest paid monthly £1+ |
AER (%)* 1.11% |
Gross (%)** 1.10% |
These interest rates will apply from 21 January 2025. Interest is calculated daily and applied monthly.
*The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
**Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
Interest rates with effect from 15 April 2025
Please note that with effect from 15 April 2025, the rates of credit interest and interest tiers for this product will change to those shown below:
|
Interest paid monthly |
AER (%)* |
Gross (%)** |
|---|---|---|
|
Interest paid monthly £10,000,000+ |
AER (%)* 1.71% |
Gross (%)** 1.70% |
|
Interest paid monthly £1,000,000+ |
AER (%)* 1.41% |
Gross (%)** 1.40% |
|
Interest paid monthly £250,000+ |
AER (%)* 1.00% |
Gross (%)** 1.00% |
|
Interest paid monthly £100,000+ |
AER (%)* 1.00% |
Gross (%)** 1.00% |
|
Interest paid monthly £50,000+ |
AER (%)* 1.00% |
Gross (%)** 1.00% |
|
Interest paid monthly £1+ |
AER (%)* 1.00% |
Gross (%)** 1.00% |
These interest rates will apply from 15 April 2025. Interest is calculated daily and applied monthly.