Bank

Capital Call Account

Account Type

Capital Call Account (CCA)

Requirements

Eligibility

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

Minimum balance

£0

Maximum balance

£250,000 or currency equivalent as a total across all CCA , Fixed Term and Notice accounts (or as individually agreed)

Features

Overdraft facility

No overdraft facility

Inward and Outward Payment Capability

Yes - The CCA can be used for all inward and outward payment activity within cut off times and deposit limits.

Foreign Exchange availability

Yes - You are able to process Foreign Exchange transactions across two CCAs in different currencies

Currencies

GBP, EUR, AUD, BGN, CAD, CHF, CZK, DKK, HKD, HRK, HUF, ILS, JPY, NOK, NZD, PLN, SEK, SGD, ZAR

Balance sheet exposure

Capital International Bank

Cut-off times

Outward Payment

Group 1 - (CHF, DKK, NOK, SEK) value same day, cut off 10:00
Group 2 - (EUR) value same day, cut off 14:00
Group 3 - (GBP, AUD, BGN, CAD, CZK, HKD, HRK, HUF, ILS, JPY, NZD, PLN, SGD, ZAR) value same day, cut off 16:00

Inward Payments

16:00 - inward payments received after this time may result in funds being applied the next available day in that currency.

FX Trading Cut-Off

FX desk opening hours are 08:30 to 16:00 GMT Monday to Friday, excluding UK Bank Holidays.

Covered by Depositors Compensation Scheme?

No