Business deposit accounts
Interest rates on our accounts
|Account||Frequency interest paid||Rate bands €||Current rates|
|Gross %||AER %|
|Business Reserve||Quarterly||1 - 5,000,000||0.01||0.01|
|30 Day Business Reserve||Quarterly||1 +||0.01||0.01|
|7 Day Liquidity Manager||Monthly||1 +||0.01||0.01|
|30 Day Liquidity Manager||Monthly||1 +||0.01||0.01|
|Solicitors Reserve||Quarterly||1 - 5,000,000||0.01||0.01|
Interest will normally be paid after deduction of tax at whatever applicable rate is required by law.
Gross - is the interest rate paid before the deduction of tax.
AER - Stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded each year. As every advertisement for a savings product will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.