Services

Multi-Currency Call Accounts

Each account is created with the following features:

  • No minimum balance required
  • Maximum balance of £10,000,000 or currency equivalent (unless agreed with us in writing)
  • Competitive variable rate of interest *
  • Electronic payment via FASTER PAYMENTS, CHAPS and SWIFT
  • Interest is paid quarterly in arrears (but accrued daily)
  • Unlimited withdrawal without notice

Please note that you may have a tax liability in your country of residence in respect of any interest income received from Cayman National, and it is your responsibility to obtain the relevant tax advice, and to make any appropriate payments, returns and disclosures to the relevant tax authority in your jurisdiction of tax residency.

* Rate of interest linked to market rates, reviewed regularly and amended in line with prevailing market conditions

Contact our Experts

Colin Peters ALIBF, PDipB&F, ACSI
Banking Manager

Colin has over 20 years of experience in the international finance sector, having worked for investment houses and trust companies before moving into banking in 2005, working for one of the major UK clearing banks in the Isle of Man. In 2011 he was seconded to Guernsey for 3 years as a Senior Relationship Manager within the bank’s Commercial Banking department, before returning to the Isle of Man in 2014. Colin has undertaken various roles within banking including business development, commercial lending, foreign exchange and liquidity management.

Colin is also involved with the Isle of Man Bankers Association and is a member of the London Institute of Banking and Finance serving as a committee member of its Isle of Man Branch. Colin also acts as a trustee on a couple of local charities.

The best way to learn more about how we can help is by calling us.