BUSINESS CLASS ASIA DEPOSIT SERVICE
The Deposit Service from Business Class Asia is a bespoke offering made available to individual and corporate clients across Asia.
The service has two main objectives:
- To guide risk-averse investors to find superior deposit rates made available by high street banks.
- To offer maximum investor protection to clients.
As Independent intermediaries, Business Class Asia, have introducer agreements in place with some of the world’s leading banks. We take all of the leg work out of researching the market and bring to you preferential or institutional treasury terms.
Choose from a range of currencies and account deposit terms provided by leading banks. From instant access, with daily rates, right the way through to 5 & 10 year terms we guarantee to find you the most competitive rate available. We are in regular contact with all the leading banks and are often aware in advance of any changes to available rates.
The deposit service only offers pure deposit, term or bond accounts. We do not promote structured products or those with any equity linkage.
Deposit Services Rates
| GBP | Daily | 1 Month | 3 Month | 6 Month | 1 Year | 2 Year | 3 Year | 5 Year |
| 10,000 | 2.70% | 2.75% | 2.75% | 1.93% | 3.65% | 3.75% | 3.78% | 4.75% |
| 50,000 | 2.70% | 2.75% | 2.75% | 2.50% | 3.70% | 3.75% | 3.78% | 4.75% |
| 100,000 | 2.70% | 2.75% | 2.75% | 2.50% | 3.75% | 3.75% | 3.73% | 4.75% |
| 250,000 | 2.70% | 2.75% | 2.75% | 2.50% | 3.75% | 3.75% | 3.73% | 4.75% |
| 1,000,000 | 2.70% | 2.75% | 2.75% | 2.50% | 3.75% | 3.80% | 3.73% | 4.75% |
| USD | Daily | 1 Month | 3 Month | 6 Month | 1 Year | 2 Year | 3 Year | 5 Year |
| 10,000 | 2.30% | 3.25% | 0.70% | 1.70% | 4.25% | 4.50% | 3.70% | 2.95% |
| 50,000 | 2.30% | 3.25% | 1.50% | 1.70% | 4.50% | 4.75% | 3.70% | 2.95% |
| 100,000 | 2.30% | 3.25% | 1.50% | 1.75% | 4.75% | 5.00% | 3.75% | 2.95% |
| 250,000 | 2.30% | 3.25% | 1.50% | 1.75% | 4.75% | 5.00% | 3.75% | 2.95% |
| 1,000,000 | 1.50% | 3.25% | 1.50% | 1.75% | 4.75% | 5.00% | 3.75% | 2.95% |
| EUR | Daily | 1 Month | 3 Month | 6 Month | 1 Year | 2 Year | 3 Year | 5 Year |
| 10,000 | 2.70% | 3.25% | 0.84% | 1.93% | 4.25% | 4.50% | 3.84% | 3.79% |
| 50,000 | 2.70% | 3.25% | 2.75% | 1.93% | 4.50% | 4.50% | 3.84% | 3.79% |
| 100,000 | 2.70% | 3.25% | 2.75% | 1.98% | 4.75% | 4.50% | 3.89% | 3.79% |
| 250,000 | 2.70% | 3.25% | 2.75% | 1.98% | 4.75% | 4.50% | 3.89% | 3.79% |
| 1,000,000 | 2.25% | 3.25% | 2.75% | 2.00% | 4.75% | 5.00% | 3.89% | 3.79% |
Indicative Rates Only
We operate four simple fee tiers which are as follows:
- Tier 1: Client deposits between $50,000 - $250,000*
• Business Class Asia fee on acceptance of rate = 0.5% of deposit amount. - Tier 2: Client deposits between $250,000 - $500,000*
• Business Class Asia fee on acceptance or rate and terms = 0.25% of deposit amount. - Tier 3: Client deposits between $500,000 - $1,000,000*
• Business Class Asia fee on acceptance of rate and terms = 0.125% of deposit amount. - Top Tier: Client deposits in excess of $1,000,000*
• Business Class Asia fee on acceptance of rate and terms = 0.1% of deposit amount.
*Or currency equivalent
INTEREST RATE – GBP 2.70% GROSS
The account features are:
- Variable interest rate
- Immediate access to funds
- Interest is accrued daily and paid annually on the last working day in March
- All interest is paid gross*
- Available in GBP £, USD $ and Euro €
- Maximum balance limit of 250,000 in GBP £, USD $ and Euro €
- Only one account per depositor(s), per currency, is permitted
*Subject to the provision of the European Union Savings Tax Directiv
