Deposit Interest Rates
Royal Bank of Canada (Channel Islands) Limited ("the Bank") offers fixed term
deposits and other interest bearing accounts in most of the major currencies
subject to the Bank's General Terms and Conditions ("the Terms") and any further
specific terms and conditions outlined below.
Interest Rates as at:
04 Mar 2016
Please note that (i) interest rates are quoted for a specific monetary value range and may vary unless otherwise stated and are correct as at the
date indicated above; (ii) interest is calculated daily on all deposits and paid, or charged in the event of negative interest rates prevailing from
time to time, ("Applied") on the dates indicated below for each type of account; (iii) interest is calculated from the date of receipt of cleared funds
and there is no minimum period of deposit before interest is calculated; (iv) Fixed Deposits and Executive Plus accounts are offered subject to
(a) the Client meeting the required minimum monetary value for their total relationship with RBC Wealth Management (being £125,000 or
currency equivalent thereof) and (b) the minimum balance requirements reflected below for each type of account and the various currencies in
which it is offered. The Bank reserves the right to refuse to accept any funds for deposit that are below the stated minimum balance
requirements.
Please contact your Relationship Manager for details of the accounts that are available and also the latest interest rates in the various
currencies.
Fixed Term Deposits
Australian
Dollar
(AUD)
7 days
1 month
2 months
3 months
6 months
12 months
140,000279,999
n/a
0.600
0.650
0.700
0.800
0.950
280,000649,999
n/a
0.725
0.775
0.825
0.925
1.075
650,0001,349,999
0.925
0.975
1.025
1.075
1.175
1.325
1,350,0002,749,999
1.050
1.100
1.150
1.200
1.300
1.450
2,750,00013,749,999
1.300
1.350
1.400
1.450
1.550
1.700
13,750,000+
Canadian
Dollar
(CAD)
7 days
1 month
2 months
3 months
6 months
12 months
100,000199,999
n/a
0.000
0.000
0.000
0.000
0.000
200,000499,999
n/a
0.000
0.000
0.000
0.000
0.000
500,000999,999
0.000
0.000
0.000
0.000
0.000
0.000
1,000,0001,999,999
0.000
0.000
0.000
0.000
0.000
0.000
2,000,0009,999,999
0.000
0.000
0.000
0.050
0.100
0.200
10,000,000+
Danish Krone
(DKK)
7 days
1 month
2 months
3 months
6 months
12 months
600,0001,199,999
n/a
0.000
0.000
0.000
0.000
0.000
1,200,0002,999,999
n/a
0.000
0.000
0.000
0.000
0.000
3,000,0005,999,999
0.000
0.000
0.000
0.000
0.000
0.000
6,000,00011,999,999
0.000
0.000
0.000
0.000
0.000
0.000
12,000,00059,999,999
0.000
0.000
0.000
0.000
0.000
0.000
60,000,000+
75,000149,999
n/a
0.000
0.000
0.000
0.000
0.000
150,000374,999
n/a
0.000
0.000
0.000
0.000
0.000
375,000749,999
0.000
0.000
0.000
0.000
0.000
0.000
750,0001,499,999
0.000
0.000
0.000
0.000
0.000
0.000
1,500,0007,499,999
0.000
0.000
0.000
0.000
0.000
0.000
7,500,000+
600,0001,199,999
n/a
0.000
0.000
0.000
0.000
0.000
1,200,0002,999,999
n/a
0.000
0.000
0.000
0.000
0.000
3,000,0005,999,999
0.000
0.000
0.000
0.000
0.000
0.000
6,000,00011,999,999
0.000
0.000
0.000
0.000
0.000
0.000
12,000,00059,999,999
0.000
0.000
0.000
0.000
0.000
0.000
60,000,000+
Euro
(EUR)
7 days
1 month
2 months
3 months
6 months
12 months
Hong Kong
Dollar
(HKD)
7 days
1 month
2 months
3 months
6 months
12 months
1.425
1.475
1.525
1.575
1.675
1.825
0.125
0.125
0.125
0.175
0.225
0.325
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
Page 1 of 4
Interest Rates as at:
04 Mar 2016
Fixed Term Deposits
Japanese Yen
(JPY)
7 days
1 month
2 months
3 months
6 months
12 months
10,000,00024,999,999
n/a
0.000
0.000
0.000
0.000
0.000
25,000,00049,999,999
n/a
0.000
0.000
0.000
0.000
0.000
50,000,000124,999,999
0.000
0.000
0.000
0.000
0.000
0.000
125,000,000249,999,999
0.000
0.000
0.000
0.000
0.000
0.000
250,000,000999,999,999
0.000
0.000
0.000
0.000
0.000
0.000
1,000,000,000+
New Zealand
Dollar
(NZD)
7 days
1 month
2 months
3 months
6 months
12 months
200,000399,999
n/a
1.150
1.200
1.250
1.350
1.450
400,000849,999
n/a
1.275
1.325
1.375
1.475
1.575
850,0001,699,999
1.475
1.525
1.575
1.625
1.725
1.825
1,700,0003,499,999
1.600
1.650
1.700
1.750
1.850
1.950
3,500,00017,499,999
1.850
1.900
1.950
2.000
2.100
2.200
17,500,000+
Norwegian
Krone
(NOK)
7 days
1 month
2 months
3 months
6 months
12 months
600,0001,199,999
n/a
0.000
0.000
0.000
0.000
0.000
1,200,0002,999,999
n/a
0.000
0.000
0.000
0.000
0.000
3,000,0005,999,999
0.025
0.125
0.175
0.175
0.075
0.000
6,000,00011,999,999
0.150
0.250
0.300
0.300
0.200
0.100
12,000,00059,999,999
0.400
0.500
0.550
0.550
0.450
0.350
60,000,000+
Singapore
Dollar
(SGD)
7 days
1 month
2 months
3 months
6 months
12 months
150,000374,999
n/a
0.000
0.000
0.000
0.000
0.000
375,000749,999
n/a
0.000
0.000
0.000
0.000
0.000
750,0001,499,999
0.000
0.000
0.000
0.000
0.000
0.000
1,500,0002,999,999
0.000
0.000
0.000
0.000
0.000
0.000
3,000,00014,999,999
0.000
0.000
0.000
0.000
0.000
0.000
15,000,000+
South African
Rand
(ZAR)
7 days
1 month
2 months
3 months
6 months
12 months
850,0001,699,999
n/a
5.200
5.350
5.700
5.850
6.350
1,700,0003,999,999
n/a
5.325
5.475
5.825
5.975
6.475
4,000,0007,999,999
5.575
5.575
5.725
6.075
6.225
6.725
8,000,00015,999,999
5.700
5.700
5.850
6.200
6.350
6.850
16,000,00079,999,999
5.950
5.950
6.100
6.450
6.600
7.100
80,000,000+
50,00099,999
n/a
0.000
0.000
0.000
0.000
0.000
100,000249,999
n/a
0.000
0.000
0.000
0.000
0.000
250,000499,999
0.000
0.000
0.000
0.000
0.000
0.000
500,000999,999
0.000
0.000
0.000
0.000
0.000
0.050
1,000,0004,999,999
0.000
0.000
0.050
0.100
0.200
0.300
5,000,000+
Sterling
(GBP)
7 days
1 month
2 months
3 months
6 months
12 months
0.000
0.000
0.000
0.000
0.000
0.000
1.975
2.025
2.075
2.125
2.225
2.325
0.525
0.625
0.675
0.675
0.575
0.475
0.000
0.000
0.000
0.000
0.000
0.000
6.075
6.075
6.225
6.575
6.725
7.225
0.125
0.125
0.175
0.225
0.325
0.425
Page 2 of 4
Interest Rates as at:
04 Mar 2016
Fixed Term Deposits
Swedish
Krona
7 days
1 month
2 months
3 months
6 months
12 months
(SEK)
Swiss Franc
(CHF)
7 days
1 month
2 months
3 months
6 months
12 months
US Dollar
(USD)
7 days
1 month
2 months
3 months
6 months
12 months
600,0001,199,999
n/a
0.000
0.000
0.000
0.000
0.000
1,200,0002,999,999
n/a
0.000
0.000
0.000
0.000
0.000
3,000,0005,999,999
0.000
0.000
0.000
0.000
0.000
0.000
6,000,00011,999,999
0.000
0.000
0.000
0.000
0.000
0.000
12,000,00059,999,999
0.000
0.000
0.000
0.000
0.000
0.000
60,000,000+
170,000349,999
n/a
n/a
n/a
n/a
n/a
n/a
350,000849,999
n/a
n/a
n/a
n/a
n/a
n/a
850,0001,699,999
n/a
n/a
n/a
n/a
n/a
n/a
1,700,0003,499,999
n/a
n/a
n/a
n/a
n/a
n/a
3,500,00017,499,999
n/a
n/a
n/a
n/a
n/a
n/a
17,500,000+
75,000149,999
n/a
0.000
0.000
0.000
0.000
0.000
150,000374,999
n/a
0.000
0.000
0.000
0.000
0.000
375,000749,999
0.000
0.000
0.000
0.000
0.000
0.025
750,0001,499,999
0.000
0.000
0.000
0.050
0.100
0.150
1,500,0007,499,999
0.000
0.000
0.200
0.300
0.350
0.400
7,500,000+
0.000
0.000
0.000
0.000
0.000
0.000
n/a
n/a
n/a
n/a
n/a
n/a
0.000
0.025
0.325
0.425
0.475
0.525
- Rates are dependent upon money market conditions and may fluctuate from day to day.
- Interest is Applied at maturity.
- Funds may only be withdrawn on the maturity of the deposit and funds added on the reinvestment date.
- Instructions on existing deposits must be given by 12:00 noon on the day of maturity for Sterling deposits and for all other currencies, two
working days before the maturity date.
- In the event that the client maintains separate capital and income accounts, then only the principal sum of the maturing deposit will be
reinvested for the same term as the preceding deposit and the interest (due from the maturing deposit) will be credited or paid to the client's
designated income account.
Executive Plus
R
50,00099,999
0.020
100,000249,999
0.030
250,000+
Sterling
20,00049,999
0.010
100,000199,999
0.030
0.000
200,000499,999
0.040
0.000
500,000+
US Dollar
Euro
30,00099,999
0.020
0.000
100,000199,999
0.030
200,000499,999
0.040
500,000+
Canadian Dollar
40,00099,999
0.010
-
0.040
0.050
0.000
0.050
Interest rates are reviewed on the 5th of each month.
Interest is Applied on the 5th of every month (or the previous business day) or on the closure of the account.
Funds may be withdrawn without notice.
Funds will not attract interest for the period during which the balance on an account falls below the minimum quoted.
Page 3 of 4
Interest Rates as at:
04 Mar 2016
Expatriate Choice
100,000249,999
0.000
250,000499,999
0.000
500,000999,999
0.000
1,000,0004,999,999
0.000
5,000,000+
Sterling
50,00099,999
0.000
150,000374,999
0.000
0.000
375,000749,999
0.000
0.000
750,0001,499,999
0.000
0.000
1,500,0007,499,999
0.000
0.000
7,500,000+
US Dollar
Euro
75,000149,999
0.000
0.000
200,000499,999
0.000
500,000999,999
0.000
1,000,0001,999,999
0.000
2,000,0009,999,999
0.000
10,000,000+
Canadian Dollar
100,000199,999
0.000
0.125
0.025
0.000
0.125
- Please note that the Expatriate Choice account is not available to new applicants.
- Interest rates are reviewed on a monthly basis and are linked to the Bank's one month interest rates for the relevant currencies.
- Interest will be Applied on the day the account is closed at the end of the five year duration or when you choose to close the account by giving
90 days notice before that date.
- A minimum of £5,000 may be withdrawn providing 90 days notice is provided and the balance on the account does not fall below the minimum
quoted.
- The account can only remain open if the minimum balance is retained.
Clients should note the important information provided in clause 3.2 of the Bank's Terms regarding Taxation before establishing or operating
an account with the Bank.
Although credit interest is paid gross (except if you are a resident of the European Union {"EU"} and subject to the deduction of EU Savings
Directive Retention Tax) you may well be liable to tax on this income in the jurisdiction in which you pay tax. In these circumstances, you are
obliged to declare such income to the relevant tax authority.
This document is issued by Royal Bank of Canada (Channel Islands) Limited (“the Bank”), which is regulated by the Guernsey Financial Services
Commission in the conduct of deposit taking and investment business and to act as a custodian/trustee of collective investment schemes in
Guernsey and is also regulated by the Jersey Financial Services Commission in the conduct of deposit taking, fund services and investment
business in Jersey. The Bank's General Terms and Conditions are updated from time to time and can be found at
www.rbcwminternational.com/terms-and-conditions-British-Isles.html. Registered office: Canada Court, St.Peter Port, Guernsey, Channel
Islands, GY1 3BQ, registered company number 3295.
Deposits made with the offices of the Bank in Guernsey and Jersey are not covered by the UK Financial Services Compensation Scheme;
however, the Bank is a participant in the respective Deposit Compensation Schemes in Jersey and Guernsey (“the CI Schemes”). Copies of the
official leaflets for the respective CI Schemes can be found on the Jersey and Guernsey pages of our website. Copies of the latest audited
accounts are available upon request from either the Bank's Guernsey office or its Jersey branch at the address stated below.
® / TM Trademark(s) of Royal Bank of Canada. Used under licence.
Guernsey Office
Royal Bank of Canada (Channel Islands) Limited
PO Box 48, Canada Court, St. Peter Port
Guernsey GY1 3BQ
Jersey Branch
Royal Bank of Canada (Channel Islands) Limited
PO Box 194, 19-21 Broad Street, St. Helier
Jersey JE1 8PB
Tel: +44 (0) 1481 744 000
Fax: +44 (0)1481 744 001
Email: rbcwminternational@rbc.com
Tel: +44 (0)1534 283 000
Fax: +44 (0)1534 283 801
Email: rbcwminternational@rbc.com
www.rbcwminternational.com
CA/81
April 2013
Page 4 of 4