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.
Reference Interest Rate
Bank of Scotland announces that with effect from 5th of March 2009 its Reference Rate has been changed from 1.00% per annum to 0.50% per annum. Reference Rate means the Bank of England Bank Rate or such other externally set rate as We may decide from time to time.
Any reference below to base rate, refers to the Bank of England Base Rate.
SME Current Account
Rates with effect from 5th March 2009
|
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
On all balances
|
0.00
|
0.00
|
For information on the link to reference rate see the Product Prices PDF [12KB]
SME Direct Business Cheque Account
Rates with effect from 5th March 2009
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
£100,000 and above
|
0.00
|
0.00
|
|
£50,000 to £99,999
|
0.00
|
0.00
|
|
£25,000 to £49,999
|
0.00
|
0.00
|
|
£5,000 to £24,999
|
0.00
|
0.00
|
|
Under £5,000
|
0.00
|
0.00
|
For information on the link to reference rate see the Product Prices PDF [12KB]
SME Treasurers Account
Rates with effect from 5th March 2009
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
£2,500 and above
|
0.00
|
0.00
|
|
Under £2,500
|
0.00
|
0.00
|
For information on the link to reference rate see the Product Prices PDF [12KB]
SME Bonus Account
Instant Rate
Rates with effect from 5th March 2009
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
£5,000,000 and above
|
0.10
|
0.10
|
|
£2,500,000 to £4,999,999
|
0.10
|
0.10
|
|
£1,000,000 to £2,499,999
|
0.10
|
0.10
|
|
£500,000 to £999,999
|
0.10
|
0.10
|
|
£100,000 to £499,999
|
0.10
|
0.10
|
|
£0 to £99,999
|
0.10
|
0.10
|
30 Day Rate
Rates with effect from 5th March 2009
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
£5,000,000 and above
|
0.15
|
0.15
|
|
£2,500,000 to £4,999,999
|
0.15
|
0.15
|
|
£1,000,000 to £2,499,999
|
0.15
|
0.15
|
|
£500,000 to £999,999
|
0.15
|
0.15
|
|
£100,000 to £499,999
|
0.15
|
0.15
|
|
£0 to £99,999
|
0.15
|
0.15
|
60 Day Rate
Rates with effect from 5th March 2009
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
£5,000,000 and above
|
0.20
|
0.20
|
|
£2,500,000 to £4,999,999
|
0.20
|
0.20
|
|
£1,000,000 to £2,499,999
|
0.20
|
0.20
|
|
£500,000 to £999,999
|
0.20
|
0.20
|
|
£100,000 to £499,999
|
0.20
|
0.20
|
|
£0 to £99,999
|
0.20
|
0.20
|
For information on the link to reference rate see the Product Prices PDF [12KB]
SME Business Bonus Account
Instant Rate
Rates with effect from 5th March 2009
|
Current Rate
|
|
Balance
|
AER%
|
Gross%
|
|
£100,000 and above
|
0.10
|
0.10
|
|
£50,000 to £99,999
|
0.10
|
0.10
|
|
£25,000 to £49,999
|
0.10
|
0.10
|
|
£10,000 to £24,999
|
0.10
|
0.10
|
|
£2,500 to £9,999
|
0.10
|
0.10
|
|
Under £2,500
|
0.10
|
0.10
|
For information on the link to reference rate see the Product Prices PDF [12KB]
30 Day Bonus Rate
Rates with effect from 5th March 2009
|
Current Rate
|
|
Balance
|
AER%
|
Gross%
|
|
£100,000 and above
|
0.15
|
0.15
|
|
£50,000 to £99,999
|
0.15
|
0.15
|
|
£25,000 to £49,999
|
0.15
|
0.15
|
|
£10,000 to £24,999
|
0.15
|
0.15
|
|
£2,500 to £9,999
|
0.15
|
0.15
|
|
Under £2,500
|
0.15
|
0.15
|
For information on the link to reference rate see the Product Prices PDF [12KB]
90 Day Bonus Rate
Rates with effect from 5th March 2009
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
£100,000 and above
|
0.20
|
0.20
|
|
£50,000 to £99,999
|
0.20
|
0.20
|
|
£25,000 to £49,999
|
0.20
|
0.20
|
|
£10,000 to £24,999
|
0.20
|
0.20
|
|
£2,500 to £9,999
|
0.20
|
0.20
|
|
Under £2,500
|
0.20
|
0.20
|
For information on the link to reference rate see the Product Prices PDF [12KB]
SME E-Business Deposit Account
Rates with effect from 5th March 2009
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
£100,000 and above
|
0.10
|
0.10
|
|
£50,000 to £99,999
|
0.10
|
0.10
|
|
£25,000 to £49,999
|
0.10
|
0.10
|
|
£5,000 to £24,999
|
0.10
|
0.10
|
|
Under £5,000
|
0.10
|
0.10
|
For information on the link to reference rate see the Product Prices PDF [12KB]
SME 30 Day Reserve Account
Rates with effect from 5th March 2009
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
£5,000,000 and above
|
0.10
|
0.10
|
|
£2,500,000 to £4,999,999
|
0.10
|
0.10
|
|
£1,000,000 to £2,499,999
|
0.10
|
0.10
|
|
£500,000 to £999,999
|
0.10
|
0.10
|
|
£100,000 to £499,999
|
0.10
|
0.10
|
|
£50,000 to £99,999
|
0.10
|
0.10
|
For information on the link to reference rate see the Product Prices PDF [12KB]
You can make withdrawals at no charge to your nominated account providing you give 30 days' notice. However, access is available earlier by paying an early access fee which is £10 per £10,000 withdrawn.
SME Business Investment Account
Rates with effect from 5th March 2009
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
£1,000,000 and above
|
0.10
|
0.10
|
|
£500,000 to £999,999
|
0.10
|
0.10
|
|
£100,000 to £499,999
|
0.10
|
0.10
|
|
£25,000 to £99,999
|
0.10
|
0.10
|
|
Under £25,000
|
0.10
|
0.10
|
For information on the link to reference rate see the Product Prices PDF [12KB]
SME HOBS Investment Account
Rates with effect from 5th March 2009
|
Current Rates
|
|
Balance
|
AER%
|
Gross%
|
|
£1,000,000 and above
|
0.10
|
0.10
|
|
£100,000 to £999,999
|
0.10
|
0.10
|
|
£50,000 to £99,999
|
0.10
|
0.10
|
|
£25,000 to £49,999
|
0.10
|
0.10
|
|
Under £25,000
|
0.10
|
0.10
|
For information on the link to reference rate see the Product Prices PDF [12KB]
|
