32 Days USD Notice Account

Features

  • Interest is calculated daily and paid into the account daily.
  • Minimum withdrawal amount $10,000.
  • 32 days’ notice required to make a withdrawal, providing remaining balance is over $10,000.
  • Additional funds can be paid into the account.
  • 32 days’ notice is required to close the account.
  • The interest rate you receive on the account will increase if the Federal Funds Target Rate (FDTR) increases.

Keep in mind

  • Funds are committed for a minimum period of 32 days.
  • The interest rate you receive on the account will reduce if the Federal Funds Target Rate (FDTR) reduces.
  • Please read the Terms & Conditions.

Interest Rates

Interest rates stated below are available as at 11/06/2020 and expire on 29/07/2020 but may be subject to change. Should you need to discuss rates for alternative dates or terms, please call us on 0345 305 5555.

These interest rates apply to US Dollar deposits only with a minimum balance of $10,000 and maximum balance of $5m.

For deposits over $5m or for more information about interest rates in other major currencies, please call us on 0345 305 5555. We are available 8am to 5pm Monday to Friday.

32 Day USD Notice Account Interest Rates

Account

Term length

Indicative interest rate AERAERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time./GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

Account

32 Day USD Notice Account

Term length

No set term

32 days’ notice required to make withdrawal or close the account

Indicative interest rate AERAERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time./GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

0.25% (Federal Funds Target Rate (FDTR)

(variable) )1

Information on the Federal Funds Target Rate (FDTR) can be found at https://www.federalreserve.gov/2

Please note, you will need a USD foreign currency account as your nominated settlement account for the 32 Day USD Notice Account. You can view our Foreign Currency Accounts and find out how to open one here.

1Product is linked to the current Federal Funds Target Rate.

2While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.

Apply for a 32 Day USD Notice Account

Apply by phone

0345 305 5555

Call to speak with one of our business management team.

We are available 8am to 5pm Monday to Friday.

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Telephone: 020 7626 1500

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.

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.