BasePLUS offers highly attractive deposit rates regardless of market conditions.
For minimum opening balances of £1 million we guarantee that the rate you receive will not fall below Bank of Scotland Base Rate and when London Inter Bank offered rate (LIBOR) is above Base, the account offers the potential for even higher interest earnings. What's more, all funds are accessible within just 7 days.
Key Features and Benefits
- Base rate guaranteed or a higher 'Managed rate' based on LIBOR
- Flexibility of 7 day notice withdrawal*
- Keep track with monthly statements
- Easy access to rate information via weekly email, the Bank's website or dedicated telephone line
- Accounts viewable on Corporate Online
- Withdrawals by CHAPS to a nominated account**
- 48 hour account opening procedure
- Minimum withdrawal of £100,000 or balance if lower
For the current rates offered through BasePLUS refer to the table below:
BasePLUS
BasePLUS
| Balance |
AER % |
Gross % |
| £1,000,000 and above |
5.51 |
5.38 |
| £500,000 to £999,999 |
5.20 |
5.08 |
| Under £500,000 |
3.04 |
3.00 |
| These interest rates are effective from Thursday 8th May 2008 until Wednesday 14th May 2008. |
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