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Revision of Current and Savings Accounts Prevailing Interest Rates

With effect from 1 October 2020 (inclusive), please note that the interest rates for the following Current and Savings accounts will be revised.

Product Currency Balance Prevailing Interest Rate (P.A.) New Prevailing Interest Rate

Effective 1 October 2020 (inclusive)

FCY$aver

 

Statement Savings

 

Cheque and Save

 

Securities Settlement Account

 

Wealth Lending Settlement Account

 

Bonus$aver

AUD Less than 1,000,000 0.00% 0.00%
1,000,000 and above 0.05%
FCY$aver

 

Statement Savings

 

Cheque and Save

 

Securities Settlement Account

 

Wealth Lending Settlement Account

 

Bonus$aver

NZD Less than 1,000,000 0.00% 0.00%
1,000,000 and above 0.05%
FCY$aver

 

Securities Settlement Account

 

Wealth Lending Settlement Account

CNH All Balances 0.50% 0.00%
USD High

 

FCY$aver

 

Statement Savings

 

Cheque and Save

 

Securities Settlement Account

 

Wealth Lending Settlement Account

 

Bonus$aver

 

Cash Account

USD Less than 1,000,000 0.00% 0.00%
1,000,000 and above 0.05%
USD$aver USD First 50,000 0.05% 0.05%
Next 150,000 0.25% 0.10%
Next 300,000 0.50% 0.25%
Any incremental balances above 500,000 0.80% 0.50%

Please note that all DKK, NOK, SEK, ZAR and THB Current and Savings Accounts will no longer offer any interest on balances.