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Euro Notice Accounts

Our Euro Notice Accounts provide attractive rates of interest on Euro deposits over a choice of four notice periods. Consider our 12 Month Euro Notice Account to maximise returns or benefit from more flexible access to your funds whilst still earning competitive rates with one of our shorter terms.

Currently available

With no interest rate tierings, your funds will benefit from our simple and competitive interest rates (minimum account balance of €100,000 must be maintained at all times)

  • 30 Day Euro Notice Account
  • 3 Month Euro Notice Account
  • 6 Month Euro Notice Account
  • 12 Month Euro Notice Account

Euro Notice Account interest rates (managed¹) - Issue 2

30 Day Euro Notice Account 3 Month Euro Notice Account 6 Month Euro Notice Account 12 Month Euro Notice Account
0.10%
AER variable /
Gross PA*
0.20%
AER variable /
Gross PA*
0.30%
AER variable /
Gross PA*
0.60%
AER variable /
Gross PA*

¹ Managed rate refers to a rate that we can change at any time. Such changes may be made without notice if the change is favourable to you. However, we must give you at least 1 month's written notice of any reduction in interest rate. See our Customer Agreement (Terms and Conditions).

* Where rates are quoted Gross PA, this means Gross Per Annum before the deduction of tax at the rate agreed by law. AER stands for Annual Equivalent Rate and illustrates the annual rate of return assuming interest is paid and compounded once each year.

Euro Notice Accounts

Summary box

To comply with regulations issued by the Financial Conduct Authority (FCA), we are required to show a cash illustration based on a €1,000 deposit amount. This is for illustration purposes only, the minimum deposit on this product is €100,000. To calculate the interest you will receive based on your specific deposit amount, please select the Personal illustration tab.

What is the interest rate?

Please note, interest is paid into the Euro Notice Account semi-annually on 1 January and 1 July.

Product term Annual Equivalent Rate (AER)* Example amount Estimated balance after 12 months
30 Day 0.10% €1,000.00 €1,001.01
3 months 0.20% €1,000.00 €1,002.03
6 months 0.30% €1,000.00 €1,003.04
12 months 0.60% €1,000.00 €1,006.08

* Annual Equivalent Rate illustrates what the interest rate would be if interest were paid and added each year.

Customer deposit interest calculator

How much would you like to deposit?

Select the applicable product term

How the product works

Our Euro Notice Accounts are based on a standard notice account. This means a notice period, for the applicable period of the particular account you hold (e.g. 30 day's notice), must be served before the repayment of funds.

A minimum account balance of €100,000 must be maintained at all times. If an account balance falls below €100,000, the balance will be paid in full to the nominated bank account.

How the account works

1. Funds are deposited into the Euro Notice Account and benefit from the account’s favourable interest rates

How the account works

2. Once we receive a notice instruction from you to repay funds, the applicable notice period (e.g. 30 day’s notice), must be served before the repayment of funds

How the account works

3. The requested sum is returned to your nominated bank account (notice cannot be rescinded)

Rates are variable and subject to change at any time. Where rates are quoted Gross P.A. this means Gross Per Annum before the deduction of tax at the rate agreed by law. A.E.R. stands for Annual Equivalent Rate and illustrates the annual rate of return assuming interest is paid and compounded once each year.

What you need to know

  • Choose from a 30 Day, 3 Month, 6 Month or 12 Month Notice account
  • Save from €100,000 to €10,000,000 per account term
  • No interest rate tierings (minimum account balance of €100,000 must be maintained at all times)
  • Interest is calculated daily and paid twice a year ²
  • One account term per Issue per depositor permitted (e.g. one 30 Day and one 6 Month Notice account)
  • Available to UK registered companies, UK institutions and UK registered charities. We may also consider applications from non-UK based entities.
  • Local authorities, non credit financial institutions, trusts, individual and pension deposits (SIPP/SSAS) are not eligible
  • Notice cannot be rescinded once we receive instruction from an account holder requesting a sum to be placed on notice for repayment
  • This is a limited offer, subject to availability and may be withdrawn at any time without notice

² As with all standard Euro deposit accounts, interest is calculated on an actual / 360 day basis and paid twice yearly on 1 January and 1 July. Statements will be sent monthly on the 1st of each month.

Apply now

1

Read our General Terms and Conditions and Privacy Policy

 

2

Download the Euro Notice Account application form

 

3

Complete the application form (specifying deposit amount and currency as 'EURO')

 

4

Post the completed form with the relevant identity documentation to: Close Brothers Treasury, 4th Floor, 10 Crown Place, London EC2A 4FT.

 

General Terms and Conditions

This is our standard customer agreement upon which we intend to rely. For your own benefit and protection you should read these terms carefully. If you do not understand any point please ask for further information. Copies of the General Terms and Conditions are available on this website or by telephoning us on 020 3857 3060.

Fof full details of how we collect and process your data, please read our Privacy Policy

* AER stands for Annual Equivalent Rate and illustrates the annual rate of return assuming interest is paid and compounded each year. Gross PA means Gross Per Annum before the deduction of tax at the rate agreed by law.

Tax Residency - Self-certification declaration form for Entities and Trusts

Members of the FSCS

Your eligible deposits with Close Brothers Limited (and our associated trading styles of Close Brothers Treasury and Close Brothers Savings) are protected up to a total of £85,000 by the Financial Services Compensation Scheme ('FSCS'), the UK's deposit protection scheme. This limit is applied to the total of any deposits you have with the following: Close Brothers Savings and Close Brothers Treasury. Any total deposits you hold above the £85,000 limit between these brands are not covered.

Read more here 

If you have an enquiry call us on: 020 3857 3060