• 95 Day Notice Deposit Account

  • A deposit account which has the potential to generate interest income over and above that from similar money market products if you are able to commit part of your core funds for 95 days.

    • Withdraw funds when you give us at least 95 calendar days’ notice.
  • Lloyds Bank Corporate Markets plc, is a wholly-owned subsidiary of Lloyds Banking Group. This is a separate entity to Lloyds Bank plc and Bank of Scotland plc which covers all of the Group’s retail and most commercial activities in the UK. Due to its product offerings, the counterparties and the markets in which they operate, Lloyds Bank Corporate Markets plc may be exposed to a different degree of risk compared to Lloyds Bank plc or Bank of Scotland plc. This is a reflection of the separation of the wholesale and investment banking activities which Lloyds Bank Corporate Markets plc may undertake, from the retail banking activities of the other entities, in the UK.

    Lloyds Bank is a trading name of Lloyds Bank Corporate Markets plc Jersey branch. Lloyds Bank Corporate Markets plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850 Lloyds Bank Corporate Markets plc in the UK is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 763256 respectively. Authorisation can be checked on the Financial Services Register at www.fca.org.uk.

    The Jersey branch of Lloyds Bank Corporate Markets plc, principal place of business 11-12 Esplanade, St Helier, Jersey, JE2 3QA is licensed by the Jersey Financial Services Commission to carry on deposit-taking business under the Banking Business (Jersey) Law 1991.

  • Features & Benefits

    • In a rising interest rate environment you may benefit from an increase in the Monthly Interest Rate.
    • You will have access to your funds after giving us 95 days’ notice.
    • You may receive a monthly interest income stream from your 95 Day Notice Account.
    • Account available in US Dollars (US$) and Sterling (GB£).
    • Minimum opening balance £500,000 or US$ 500,000.
    • Maximum balance £5,000,000 or US$ 5,000,000.
  • Risk

    • Your funds are committed for a minimum period of 95 calendar days.
    • Your financial position must allow you to be able to cover any cashflow requirements you may have whilst the Notice Period elapses.
    • The Monthly Interest Rate which you receive on the funds in your 95 Day Notice Account may decrease each month.
  • Eligibility

    New and existing islands commercial customers.

    • Trusts.
    • Intermediaries.
    • Life Companies.
    • Captives.
    • Larger Corporates –both island based and offshore.
  • Interest Rates

    Please call us for the current interest rate.

  • What is the minimum opening balance?

    The minimum opening balance is £500,000 or US$500,000.

    How much can I deposit in 95 Day Notice Account?

    The maximum deposit amount per deal is £5,000,000 or US$5,000,000; higher amounts may be accepted at the banks discretion.

    What currency can I open a 95 Day Notice Account in?

    The 95 Day Notice Account is available in Sterling and US Dollars only.

    How much access do I have to my money?

    You can withdraw money from the account by giving 95 days notice. This should be done in writing to you relationship manager.

    When is interest paid on the 95 Day Notice Account?

    Interest is paid monthly into your nominated account.

    How do I know what my ongoing monthly interest rate will be?

    Rates are set monthly on the 15th of each month (or next bank working day). If your interest rate changes you will be notified in your monthly statement.

    Who can I speak to if I need extra information?

    Please call us on:

    • Jersey 01534 845011
    • Guernsey 01481 706309
    • Isle of Man 01624 638281

    Pop into your local branch and speak to a member of staff.

  • How to apply:

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    • 01534 845012  Jersey
    • 01481 706308  Guernsey
    • 01624 657848  Isle of Man