If you are looking for a straightforward way to save money and earn interest without the need to tie up your money for any length of time, our Savings Account is the ideal choice.
Summary Box - Key Product Information
Minimum Age
16 years old
(18 years old for a Foreign Currency Account)
Currencies Available
GBP, USD, HKD, EUR, and CNY
Minimum Deposit
£10, US$10, HK$100, €10, or ¥100
Interest Rates (AERs)
For current interest rates, please click here, or refer to the variable interest rate leaflet available at your nearest BEA branch, or call 0808 180 3838.
Tax Status
Tax (currently at 20%) will be deducted from the interest you have earned before the interest is paid into your account, unless you register your account with us to receive gross interest.
Withdrawal Arrangements
Instant withdrawal without loss of interest
Access
Apply and operate in branch
Additional Information
Tier-based interest is calculated on the daily cleared credit balance and paid quarterly.
Transaction details are recorded in a passbook for each currency.
