Foreign Currency Account & Euro Current Account Interest Rates
The below information applies to newly opened accounts, for information on existing accounts please request from your usual Bank contact.
Credit Interest
Credit Interest is not payable on this account.
Debit Interest
For any unauthorised borrowing, the unauthorised borrowing interest rate will be linked to the currency’s external Reference Interest Rate + 12% margin.
- Overdraft facilities available in most major currencies (subject to our normal lending criteria)
- Overdrafts are subject to arrangement fees
- The authorised borrowing margin is linked to the Reference Interest Rate
Interest will be calculated on either a 360 day year or a 365 day year depending on the currency involved in line with market convention. For further information please contact your relationship manager.
Reference Interest Rates
The Reference Interest Rate can vary either up or down on a daily basis. If the Reference Interest Rate falls below 0%, it will be treated as 0% until such time it exceeds 0%. For currencies not listed in the table below please contact your Relationship Manager.
Currency |
Currency Code |
Central Bank/Administrators |
Reference Interest Rate available from |
Reference Interest Rate |
---|---|---|---|---|
CurrencyAustralian Dollar |
Currency CodeAUD |
Central Bank/AdministratorsReserve Bank of Australia |
Reference Interest Rate available from |
Reference Interest RateRBA Interbank Overnight Cash Rate |
CurrencyCanadian Dollar |
Currency CodeCAD |
Central Bank/AdministratorsBank of Canada |
Reference Interest Rate available from |
Reference Interest RateOvernight Rate Target |
CurrencyCzech Republic Koruna |
Currency CodeCZK |
Central Bank/AdministratorsCzech National Bank |
Reference Interest Rate available from |
Reference Interest RateDiscount Rate |
CurrencyDanish Krone |
Currency CodeDKK |
Central Bank/AdministratorsDanmarks Nationalbank |
Reference Interest Rate available from |
Reference Interest Rate
|
CurrencyEuro |
Currency CodeEUR |
Central Bank/AdministratorsEuropean Central Bank |
Reference Interest Rate available from |
Reference Interest RateEuropean Deposit Facility rate (EDF) |
CurrencyHong Kong Dollar |
Currency CodeHKD |
Central Bank/AdministratorsThe Hong Kong Association of Banks |
Reference Interest Rate available from |
Reference Interest RateHKAB Interest Settlement Overnight Rate |
CurrencyHungarian Forint |
Currency CodeHUF |
Central Bank/AdministratorsMagyar Nemzeti Bank |
Reference Interest Rate available from |
Reference Interest RateBase Rate |
CurrencyIsrael Shekel |
Currency CodeILS |
Central Bank/AdministratorsBank of Israel |
Reference Interest Rate available from |
Reference Interest RateQuoted Basic Interest Rate (Prime Rate) |
CurrencyJapanese Yen |
Currency CodeJPY |
Central Bank/AdministratorsBank of Japan |
Reference Interest Rate available from |
Reference Interest RateUncollateralised Overnight Call Rate |
CurrencyMexican Peso |
Currency CodeMXN |
Central Bank/AdministratorsBanco de Mexico |
Reference Interest Rate available from |
Reference Interest RateOvernight Interest Rate Target |
CurrencyMoroccan Dirham |
Currency CodeMAD |
Central Bank/AdministratorsBank Al Maghrib |
Reference Interest Rate available from |
Reference Interest RateKey Rate |
CurrencyNew Zealand Dollar |
Currency CodeNZD |
Central Bank/AdministratorsReserve Bank of New Zealand |
Reference Interest Rate available from |
Reference Interest RateOfficial Cash Rate |
CurrencyNorwegian Krone |
Currency CodeNOK |
Central Bank/AdministratorsNorges Bank |
Reference Interest Rate available from |
Reference Interest RateKey Policy Rate |
CurrencyPolish Zloty |
Currency CodePLN |
Central Bank/AdministratorsNarodowy Bank Polski |
Reference Interest Rate available from |
Reference Interest RateRediscount Rate |
CurrencyQatar Riyal |
Currency CodeQAR |
Central Bank/AdministratorsQatar Central Bank |
Reference Interest Rate available from |
Reference Interest RateQMR Overnight Deposit |
CurrencySaudi Riyal |
Currency CodeSAR |
Central Bank/AdministratorsSaudi Arabian Monetary Authority |
Reference Interest Rate available from |
Reference Interest RateOfficial Repo Rate |
CurrencySingapore Dollar |
Currency CodeSGD |
Central Bank/AdministratorsMonetary Authority of Singapore |
Reference Interest Rate available from |
Reference Interest RateSingapore Overnight Rate Average (SORA) |
CurrencySouth African Rand |
Currency CodeZAR |
Central Bank/AdministratorsSouth African Reserve Bank |
Reference Interest Rate available from |
Reference Interest RateRepo Rate |
CurrencySwedish Krona |
Currency CodeSEK |
Central Bank/AdministratorsSveriges Riksbank |
Reference Interest Rate available from |
Reference Interest RateRepo Rate |
CurrencySwiss Franc |
Currency CodeCHF |
Central Bank/AdministratorsSwiss National Bank |
Reference Interest Rate available from |
Reference Interest RateSwiss Average Rate Overnight (SARON) |
CurrencyThai Baht |
Currency CodeTHB |
Central Bank/AdministratorsBank of Thailand |
Reference Interest Rate available from |
Reference Interest RateOne Day Repurchase Rate |
CurrencyTurkey New Lira |
Currency CodeTRY |
Central Bank/AdministratorsCentral Bank of the Republic of Turkey |
Reference Interest Rate available from |
Reference Interest RateOne Week Repo Rate |
CurrencyUAE Dirham |
Currency CodeAED |
Central Bank/AdministratorsCentral Bank of the UAE |
Reference Interest Rate available fromPlease refer to your RM |
Reference Interest RateOvernight Repurchase Rate |
CurrencyUS Dollar |
Currency CodeUSD |
Central Bank/AdministratorsThe Federal Reserve |
Reference Interest Rate available from |
Reference Interest RateFederal Funds Target Rate (Upper Bound) |
Important Legal Information
Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.
The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.