• Non-Sterling Currency Accounts

    • The information below applies to Non-Sterling Currency Accounts opened on or after 22 February 2018



      Credit Interest

      Credit Interest is not payable on this account

      Debit Interest

      • Overdraft facilities available in most major currencies (subject to our normal lending criteria)
      • Overdrafts are subject to arrangement fees
      • 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 Relationship Manager

      CurrencyCurrency CodeCentral BankReference Interest Rate available fromReference Interest Rate
      Australian DollarAUDReserve Bank of Australiawww.rba.gov.auCash Rate
      Canadian DollarCADBank of Canadawww.bankofcanada.caOvernight Rate Target
      Czech Republic KorunaCZKCzech National Bankwww.cnb.czDiscount Rate
      Danish KroneDKKDanmarks Nationalbankwww.nationalbanken.dkCertificates of Deposit Rate
      EuroEUREuropean Central Bankwww.euribor.orgEuro Overnight Index average
      Hong Kong DollarHKDThe Hong Kong Association of Bankswww.hkab.org.hkHKAB Settlement Overnight Rate
      Hungarian ForintHUFMagyar Nemzeti Bankwww.mnb.huBase Rate
      Israel ShekelILKBank of Israelwww.boi.org.il/enQuoted Basic Interest Rate (Prime Rate)
      Japanese YenJPYBank of Japanwww.boj.or.jpUncollaterlised Overnight Call Rate
      Mexican PesoMXNBanco de Mexicowww.banxico.org.mxOvernight Interest Rate Target
      Moroccan DirhamMADBank Al Maghribwww.bkam.maKey Rate
      New Zealand DollarNZDReserve Bank of New Zealandwww.rbnz.govt.nzOfficial Cash Rate
      Norwegian KroneNOKNorges Bankww.norges-bank.noKey Policy Rate
      Polish ZlotyPLNNarodowy Bank Polskiwww.nbp.plRediscount Rate
      Qatari RiyalQARQatar Central Bankwww.qcb.gov.qaQMR Overnight Deposit
      Saudi Arabian RiyalSARSaudi Arabian Monetary Authoritywww.sama.gov.saOfficial Repo Rate
      Singapore DollarSGDMonetary Authority of Singaporewww.mas.gov.sgSingapore Overnight Rate Average
      South African RandZARSouth African Reserve Bankwww.reservebank.co.zaRepo Rate
      Swedish KroneSEKSveriges Riksbankwww.riksbank.comRepo Rate
      Swiss FrancCHFSwiss National Bankwww.snb.chSNB Target Rate
      Thai BahtTHBBank of Thailandwww.bot.or.thOne Day Repurchase Rate
      Turkey New LiraTRYCentral Bank of the Republic of Turkeywww.tcmb.gov.trOne Week Repo Rate
      UAE DirhamAEDCentral Bank of the UAEPlease refer to your RMOvernight Repurchase Rate
      US DollarUSDFederal Reserve Bank of NYwww.newyorkfed.orgFederal Funds Target Rate
    • The information below applies to Non-Sterling Currency Accounts opened before 22 February 2018



      Reference Interest Rates

      For information on Reference Interest Rates for our major currencies please refer to our Reference Interest Rate schedule.

      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 schedule please contact your Relationship Manager.

      Credit Interest

      Credit interest will be paid at the Credit Product Rate (which is set at 0.25% below the Reference Interest Rate). The appropriate credit interest tiers or agreed credit interest margins are then applied. If the Reference Interest Rate falls below 0%, it will be treated as 0% until such time it exceeds 0%.

      For information on standard currency denominated interest tiers please refer to our Credit Interest Tiers schedule.

      For information on standard sterling-equivalent interest tiers please refer to our Credit Interest Tiers schedule. Please also refer to our exchange rate schedule for accounts that use sterling-equivalent credit interest tiers.

      Debit Interest

      Debit interest will be charged at the Debit Product Rate (which is set at 0.25% above Reference Interest Rate). The appropriate debit interest margin is then applied. If Reference Interest Rate falls below 0%, it will be treated as 0% until such time it exceeds 0%.

      For debit interest rates on currency overdraft facilities please contact your Relationship Manager. Unauthorised borrowing for 24 standard currencies will be charged at the Debit Product Rate + 12% margin. For confirmation of unauthorised borrowing rates of other currencies please contact your Relationship Manager.

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. Please note that any data sent via e-mail is not secure and could be read by others.

Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 0207 626 1500.

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 119278.

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.