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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]