Excess Fiduciary Account

Requirements

Eligibility

Holders of a CTA

Minimum balance

No minimum

Maximum balance

Unlimited

Features

Currencies

GBP, EUR, USD, HKD, AUD, SGD, CAD and JPY

Overdraft facility

No overdraft facility

Inward and outward payment capability

No - funding from CTA only, and transfer to CTA only

Outward payment cut off times

N/A - outward payments cannot be made from EFA accounts. Funds must be transferred from the EFA to the CTA for onward payment from the CTA

Inward payments cut off times

N/A - you cannot send funds directly to an EFA. EFA accounts can only be funded by internal transfer from a CTA account

Internal transfers cut off times

EFA to CTA - 14:00 (with authorisation by 14:15)
CTA to EFA - 14:30 (with authorisation by 14:45)

Liquidity

Same day subject to cut off times

Interest accrual application

Daily accrual, monthly application

Interest payment

Applied to account only

Interest rate change notice period for existing customers

Immediate - the interest rate applied to the EFA is the effective interest rate calculated on a daily basis across all associated recipient banks where funds are placed

Interest rates

Click here

Balance sheet exposure

Balance sheet of recipient bank

Risk

The customer assumes the risk of the recipient bank failing

Please note: All times are quoted in GMT (BST).

Compare our accounts

Eligibility

Restricted depositors as defined by the Class 1(2) FSA licence and Capital International Bank's risk appetite.

Holders of a CTA

Holders of a GBP, USD or EUR CTA with available funds of 1m+ in the currency to be placed.

Holders of a GBP, USD or EUR CTA with available funds of £250,000 - £1M or currency equivalent.

Overdraft facility

No overdraft facility currently - note fees, charges and negative interest may take your account overdrawn, but no client payment / FX activity can take an account overdrawn)

No overdraft facility currently

No overdraft facility

Interest accrual

Daily accrual, monthly application

Daily accrual, application on maturity

Interest rate change notice period

7 calendar days

Immediate

Rate fixed during term

Interest payment

Applied to account only

Applied to CTA on maturity

Interest rates

View interest rates

Fees

View fees

Bank

Bank

Bank

Requirements

Eligibility

Minimum balance

Maximum balance

Features

Currencies

Overdraft facility

Inward and outward payment capability

Outward payment cut off times

Inward payments cut off times

Internal transfers cut off times

Liquidity

Interest accrual application

Interest payment

Interest rate change notice period for existing customers

Interest rates

Balance sheet exposure

Risk

Please note: All times are quoted in GMT (BST).

Compare our accounts

Capital Call Account

Capital Treasury Account