Savings accounts in £ Sterling at a glance                            Previous Rates

AccountGrossNetAER*
Call 0.30% 0.24%

0.30%

       
90-Day Notice 2.25% 1.80% 2.27%
       
1-year 3.25% 2.60% 3.25%
3-year 3.75% 3.00% 3.75%
5-year 4.15% 3.32% 4.15%

 
The minimum investment in a £Sterling account is £2,000 and the maximum is £250,000.  If you wish to invest a higher amount, please call us on +44 (0) 20 7920 6100 and we’ll be happy to provide a quotation.

Depending on the size and circumstances of your business, your deposit with Union Bank UK may be protected by the UK Financial Services Compensation Scheme.  This means that the first £85,000 (or currency equivalent) of your savings with the Bank are guaranteed by the scheme.  For joint accounts, the protection rises to £170,000.

You can find out more information about this at the Financial Services Compensation Scheme website.

*AER means "annual equivalent rate" and is a notional rate which illustrates the gross interest rate as if paid and compounded on a monthly, quarterly or annual basis whichever is applicable to the account.