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The interest
rates published below are applicable to accounts maintained
with the Guernsey Office and Jersey Branch of Royal Bank
of Canada (Channel Islands) Limited. For rates applicable
to accounts maintained with other Global Private Banking
offices, please contact the relevant office direct.
Executive Plus
- The minimum balance requirement is GBP 50,000 /
USD & CAD 100,000 / EUR 100,000 (or rounded currency equivalent).
- Interest rates are reviewed on the 5th of each month.
- Interest is calculated daily and is paid on the 5th of every month or the previous business day.
- Funds may be withdrawn without notice.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.
Interest Rates as at
07/04/08
|
20,000-
49,999 |
50,000-
99,999
|
100,000-
249,999 |
250,000+
|
| GBP |
3.180 % |
3.555 % |
3.805 % |
4.555 % |
Interest Rates as at
07/04/08
|
30,000-
99,999 |
100,000-
199,999 |
200,000-
499,999 |
500,000+
|
| USD |
0.430 % |
1.305 % |
1.555 % |
1.930 % |
| EUR |
2.000 % |
2.450 % |
2.500 % |
3.250 % |
Interest Rates as at
07/04/08
|
40,000-
99,999 |
100,000-
199,999 |
200,000-
499,999 |
500,000+
|
| CAD |
1.180 % |
1.680 % |
1.930 % |
2.680 % |
Fixed Term Deposits
Interest Rates as at
21/04/08
|
GBP |
USD |
CAD |
EUR |
| 1 Month |
4.100
% |
1.625
% |
2.150
% |
3.100
% |
| 2 Months |
4.200
% |
1.625
% |
2.200
% |
3.200
% |
| 3 Months |
4.250
% |
1.625
% |
2.250
% |
3.300
% |
| 6 Months |
4.400
% |
1.625
% |
2.300
% |
3.500
% |
| 9 Months |
4.450
% |
1.625
% |
2.350
% |
3.500
% |
| 12 Months |
4.500
% |
1.625
% |
2.400
% |
3.500
% |
Rates quoted above are for amounts from GBP 50,000 to GBP
99,999, USD/EUR 75,000 to USD/EUR 149,999 and CAD 100,000
to CAD 199,999. For amounts, currencies, or terms not listed,
please contact your Royal Bank of Canada Global Private Banking
office.
- The minimum balance requirement is GBP 50,000 / USD & CAD
100,000 / EUR 100,000 (or rounded currency equivalent).
- Rates are dependent upon money market conditions and
may fluctuate from day to day.
- Interest is calculated daily and is paid gross 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Funds may only be withdrawn on the maturity of the deposit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.
-
If no instructions are received, the capital sum plus interest
will be automatically reinvested, for the same term as
the preceding deposit, at the rate applicable on the
reinvestment date for Sterling deposits and the rate
applicable two working days before (dealing spot) for
all other currencies.
Expatriate Choice
- The minimum balance requirement is GBP 50,000 / USD & CAD
100,000 / EUR 100,000 (or rounded currency equivalent).
- Interest rates are reviewed on a quarterly basis and
are linked to our 3-month interest rates.
- All interest will be paid on the day the account is
closed at the end of the 5 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 account does not drop
below the minimum balance of GBP 50,000 / USD & CAD
100,000 / EUR 100,000 (or rounded currency equivalent).
- The account can only remain open if the minimum balance
is retained.
|
50,000-99,999 |
100,000-249,999 |
250,000-499,999 |
500,000-999,999 |
1,000,000-4,999,999 |
5,000,000+ |
| GBP |
4.560 % |
4.685 % |
4.935 % |
5.060 % |
5.310 % |
5.435 % |
|
75,000-149,999 |
150,000-374,999 |
375,000-749,999 |
750,000-1,499,999 |
1,500,000-7,499,999 |
7,500,000+ |
| USD |
1.750 % |
1.875 % |
2.125 % |
2.250 % |
2.500 % |
2.625 % |
| EUR |
3.250 % |
3.375 % |
3.625 % |
3.750 % |
4.000 % |
4.125 % |
|
100,000-199,999 |
200,000-499,999 |
500,000-999,999 |
1,000,000-1,999,999 |
2,000,000-9,999,999 |
10,000,000+ |
| CAD |
2.500 % |
2.625 % |
2.875 % |
3.000 % |
3.250 % |
3.375 % |
Conditions Common to Executive Plus (EP), Fixed Term Deposits
(FTD) and Expatriate Choice (EC)
- Interest rates may vary unless otherwise stated and
are correct as at the above date.
- All deposit interest is paid gross.
- Interest will be paid on the dates detailed above, or
on closure of the account, if closure occurs before this
date or if it is an EC.
- Interest is paid from the date of receipt of cleared
funds and there is no minimum period of deposit before
interest is paid.
- Interest on overdrafts is payable on the last working
day of the month. Overdrafts are only available with the
prior written approval of the Bank and items may be returned
unpaid to maintain an account in credit.
- FTD, EP and EC Accounts are available in a range of
currencies including Australian Dollars; Japanese Yen;
New Zealand Dollars; South African Rand and Swiss Francs.
For the latest interest rates in these currencies, please
contact your Private Banker.
Readers should note that although all interest is paid
gross, you may well be liable to tax on this income in
the jurisdiciton in which you pay tax.
In these circumstances, you are obliged to declare such income
to the relevant tax authority. Residents of the European
Union should note that
EU Savings Directive Retention Tax will be deducted from
your account on the same date as any interest is applied
to the account, unless you
have notified the Bank in writing that you are not liable
to tax in the EU on such income, or you have provided the
Bank with written consent to
disclose information regarding interest paid to you by the
Bank, or you have provided the Bank with a tax certificate
issued from the competent
authority in your EU Member State or residence for tax purposes.
Royal Bank of Canada (Channel Islands)
Limited (the "Bank")
is incorporated in Guernsey and is regulated by the Guernsey
Financial Services Commission in Guernsey and by the Jersey
Financial Services Commission in Jersey to carry on banking
and investment business in Guernsey and Jersey.
As at 31 October 2006, the Bank’s paid up capital and reserves were £269,582,000 and deposits
are accepted in all major currencies. Deposits made with
the offices of the Bank in Guernsey and Jersey are not covered
by the UK Financial Services Compensation Scheme. Copies
of the latest audited accounts are available upon request
from either the registered office: PO Box 48, Canada Court,
St Peter Port, Guernsey, GY1 3BQ or the Jersey Branch: PO
Box 194, 19/21 Broad St, St. Helier, Jersey JE4 8RR.
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of Royal Bank of Canada used under licence.
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