Business Deposit accounts

Overlay

Business credit balance interest

Credit interest rates on our accounts

Deposit Rates
All rates are subject to variation and are correct as of 1st July 2020

 

Account

Frequency interest applied

Rate Bands €

 

Current Rates

Gross %

 

Current Rates

AER%

Liquidity Select Monthly Balances up to & including €1,000,000 0% 0%
Balances over €1,000,000 Negative interest rates may apply, contact our business team for details
Business Current Account Quarterly at a rate set by the Bank; or Monthly where negative rates are applied Balances up to & including €1,000,000 0% 0%
Balances over €1,000,000 Negative interest rates may apply, contact our business team for details
Corporate Current Account Quarterly at a rate set by the Bank; or Monthly where negative rates are applied Balances up to & including €1,000,000 0% 0%
Balances over €1,000,000 Negative interest rates may apply, contact our business team for details
Money Desk Deposits
Minimum balance €25,000 For negotiated rates contact our business team
No longer available to new customers
All rates are subject to variation and are correct as of 1st July 2020

 

Account

Frequency interest applied

Rate Bands €

 

Current Rates

Gross %

 

Current Rates

AER%

Special Interest Bearing Account Quarterly at a rate set by the Bank; or Monthly where negative rates are applied Balances up to & including €1,000,000 0% 0%
Balances over €1,000,000 Negative interest rates may apply, contact our business team for details
Liquidity Manager Monthly 1 -
5,000,000  
0.01 0.01
Business Reserve Quarterly 1 - 5,000,000 0.01 0.01
30 Day Business Reserve Quarterly 1 + 0.01 0.01
Bonus Access Account Quarterly
(excluding bonuses)
1-5,000,000 0.01 0.01
  Quarterly
(including bonuses)
1-5,000,000 0.02 0.02
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

All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 33%.  DIRT is not applicable on rates of 0.00% or less.

 

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.

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1850 211 690 (Republic of Ireland)

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Or if calling from abroad 0044 2890 538459

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