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.
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 Business Management Team.
Currency |
Currency Code |
Central Bank |
Reference Interest Rate available from |
Reference Interest Rate |
---|---|---|---|---|
CurrencyAustralian Dollar |
Currency CodeAUD |
Central BankReserve Bank of Australia |
Reference Interest Rate available from |
Reference Interest RateRBA Interbank Overnight Cash Rate |
CurrencyCanadian Dollar |
Currency CodeCAD |
Central BankBank of Canada |
Reference Interest Rate available from |
Reference Interest RateOvernight Rate Target |
CurrencyCzech Republic Koruna |
Currency CodeCZK |
Central BankCzech National Bank |
Reference Interest Rate available from |
Reference Interest RateDiscount Rate |
CurrencyDanish Krone |
Currency CodeDKK |
Central BankDanmarks Nationalbank |
Reference Interest Rate available from |
Reference Interest Rate
|
CurrencyEuro |
Currency CodeEUR |
Central BankEuropean Central Bank |
Reference Interest Rate available from |
Reference Interest RateEuropean Deposit Facility rate (EDF) |
CurrencyHong Kong Dollar |
Currency CodeHKD |
Central BankThe Hong Kong Association of Banks |
Reference Interest Rate available from |
Reference Interest RateHKAB Interest Settlement Overnight Rate |
CurrencyHungarian Forint |
Currency CodeHUF |
Central BankMagyar Nemzeti Bank |
Reference Interest Rate available from |
Reference Interest RateBase Rate |
CurrencyIsrael Shekel |
Currency CodeILS |
Central BankBank of Israel |
Reference Interest Rate available from |
Reference Interest RateQuoted Basic Interest Rate (Prime Rate) |
CurrencyJapanese Yen |
Currency CodeJPY |
Central BankBank of Japan |
Reference Interest Rate available from |
Reference Interest RateUncollateralised Overnight Call Rate |
CurrencyMexican Peso |
Currency CodeMXN |
Central BankBanco de Mexico |
Reference Interest Rate available from |
Reference Interest RateOvernight Interest Rate Target |
CurrencyMoroccan Dirham |
Currency CodeMAD |
Central BankBank Al Maghrib |
Reference Interest Rate available from |
Reference Interest RateKey Rate |
CurrencyNew Zealand Dollar |
Currency CodeNZD |
Central BankReserve Bank of New Zealand |
Reference Interest Rate available from |
Reference Interest RateOfficial Cash Rate |
CurrencyNorwegian Krone |
Currency CodeNOK |
Central BankNorges Bank |
Reference Interest Rate available from |
Reference Interest RateKey Policy Rate |
CurrencyPolish Zloty |
Currency CodePLN |
Central BankNarodowy Bank Polski |
Reference Interest Rate available from |
Reference Interest RateRediscount Rate |
CurrencyQatari Riyal |
Currency CodeQAR |
Central BankQatar Central Bank |
Reference Interest Rate available from |
Reference Interest RateQMR Overnight Deposit |
CurrencySaudi Arabian Riyal |
Currency CodeSAR |
Central BankSaudi Arabian Monetary Authority |
Reference Interest Rate available from |
Reference Interest RateOfficial Repo Rate |
CurrencySingapore Dollar |
Currency CodeSGD |
Central BankMonetary Authority of Singapore |
Reference Interest Rate available from |
Reference Interest RateSingapore Overnight Rate Average (SORA) |
CurrencySouth African Rand |
Currency CodeSAR |
Central BankSouth African Reserve Bank |
Reference Interest Rate available from |
Reference Interest RateRepo Rate |
CurrencySwedish Krona |
Currency CodeSEK |
Central BankSveriges Riksbank |
Reference Interest Rate available from |
Reference Interest RateRepo Rate |
CurrencySwiss Franc |
Currency CodeCHF |
Central BankSwiss National Bank |
Reference Interest Rate available from |
Reference Interest RateSwiss Average Rate Overnight (SARON) |
CurrencyThai Baht |
Currency CodeTHB |
Central BankBank of Thailand |
Reference Interest Rate available from |
Reference Interest RateOne Day Repurchase Rate |
CurrencyTurkey New Lira |
Currency CodeTRY |
Central BankCentral Bank of the Republic of Turkey |
Reference Interest Rate available from |
Reference Interest RateOne Week Repo Rate |
CurrencyUAE Dirham |
Currency CodeAED |
Central BankCentral Bank of the UAE |
Reference Interest Rate available fromPlease refer to your RM |
Reference Interest RateOvernight Repurchase Rate |
CurrencyUS Dollar |
Currency CodeUSD |
Central BankThe Federal Reserve |
Reference Interest Rate available from |
Reference Interest RateFederal Funds Target Rate (Upper Bound) |
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