|
Interest rates for SME accounts
The accounts detailed below are no longer available. If you wish to open a new account with Bank of Scotland please speak to your dedicated Relationship Manager.
Bank of Scotland Base Rate
Bank of Scotland announces that with effect from 10th April 2008 its Base Rate has changed from 5.25% per annum to 5.00% per annum.
Where we refer to base rate, we mean Bank of Scotland Base Rate.
SME Current Account
Rates with effect from 10th April 2008
|
|
Current Rates
|
Previous Rates
|
|
|
Balance
|
AER%
|
Gross%
|
Net%
|
AER%
|
Gross%
|
Net%
|
|
|
On all balances
|
3.04
|
3.00
|
2.40
|
3.30
|
3.25
|
2.60
|
|
SME Direct Business Cheque Account
Rates with effect from 10th April 2008
|
|
Current Rates
|
Previous Rates
|
|
Balance
|
AER%
|
Gross%
|
Net%
|
AER%
|
Gross%
|
Net%
|
|
£100,000 and above
|
2.53
|
2.50
|
2.00
|
2.78
|
2.75
|
2.20
|
|
£50,000 to £99,999
|
2.27
|
2.25
|
1.80
|
2.53
|
2.50
|
2.00
|
|
£25,000 to £49,999
|
2.02
|
2.00
|
1.60
|
2.27
|
2.25
|
1.80
|
|
£5,000 to £24,999
|
1.51
|
1.50
|
1.20
|
1.76
|
1.75
|
1.40
|
|
Under £5,000
|
0.10
|
0.10
|
0.08
|
0.25
|
0.25
|
0.20
|
SME Treasurers Account
Rates with effect from 10th April 2008
|
|
Current Rates
|
Previous Rates
|
|
Balance
|
AER%
|
Gross%
|
Net%
|
AER%
|
Gross%
|
Net%
|
|
£2,500 and above
|
1.76
|
1.75
|
1.40
|
2.02
|
2.00
|
1.60
|
|
Under £2,500
|
1.26
|
1.25
|
1.00
|
1.51
|
1.50
|
1.20
|
SME Bonus Account
Instant Rate
Rates with effect from 10th April 2008
|
|
Current Rates
|
Previous Rates
|
|
Balance
|
AER%
|
Gross%
|
Net%
|
AER%
|
Gross%
|
Net%
|
|
£5,000,000 and above
|
4.54
|
4.45
|
3.56
|
4.80
|
4.70
|
3.76
|
|
£2,500,000 to £4,999,999
|
4.49
|
4.40
|
3.52
|
4.75
|
4.65
|
3.72
|
|
£1,000,000 to £2,499,999
|
4.44
|
4.35
|
3.48
|
4.70
|
4.60
|
3.68
|
|
£500,000 to £999,999
|
4.28
|
4.20
|
3.36
|
4.54
|
4.45
|
3.56
|
|
£100,000 to £499,999
|
4.13
|
4.05
|
3.24
|
4.39
|
4.30
|
3.44
|
|
£0 to £99,999
|
3.40
|
3.35
|
2.68
|
3.66
|
3.60
|
2.88
|
30 Day Rate
Rates with effect from 10th April 2008
|
|
Current Rates
|
Previous Rates
|
|
Balance
|
AER%
|
Gross%
|
Net%
|
AER%
|
Gross%
|
Net%
|
|
£5,000,000 and above
|
4.59
|
4.50
|
3.60
|
4.85
|
4.75
|
3.80
|
|
£2,500,000 to £4,999,999
|
4.54
|
4.45
|
3.56
|
4.80
|
4.70
|
3.76
|
|
£1,000,000 to £2,499,999
|
4.49
|
4.40
|
3.52
|
4.75
|
4.65
|
3.72
|
|
£500,000 to £999,999
|
4.33
|
4.25
|
3.40
|
4.59
|
4.50
|
3.60
|
|
£100,000 to £499,999
|
4.18
|
4.10
|
3.28
|
4.44
|
4.35
|
3.48
|
|
£0 to £99,999
|
3.45
|
3.40
|
| |