Solicitors' Reserve
Our instant access account available exclusively to solicitors and licensed conveyancers, maintaining office accounts or client accounts.
Key features and benefits:
- tiered interest rates with attractive returns on larger balances
- interest calculated daily and paid quarterly to account (or another NatWest Current Account)
- transfer funds electronically using NatWest Bankline Cash Manager
- no restriction on number of designated client accounts held
- cheque books, paying-in books, standing orders and direct debits available on clients' accounts
- statements can be produced as frequently as required
Rates with effect from: 20 November 2008.
| Balances | Gross Rate per annum (%) | AER (%) |
|---|---|---|
| £250,000 + | 0.90 | 0.90 |
| £100,000 - £249,999 | 0.75 | 0.75 |
| £25,000 - £99,999 | 0.50 | 0.50 |
| £2,000 - £24,999 | 0.50 | 0.50 |
| £500 - £1,999 | 0.50 | 0.50 |
| £0 - £499 | 0.50 | 0.50 |
* AER - Annual Equivalent Rate is the effective gross interest rate on the original sum invested, taking account of the additional interest you will earn after quarterly interest payments have been credited to your account. Interest rates are correct at the date of publishing on the Internet, but are subject to variation at any time.
Interest is paid subject to United Kingdom law and regulations governing deduction of income tax from interest earned.
Interest is paid subject to the required registration form having been provided to the Bank.
Find out more
If you are a NatWest corporate customer, contact your Relationship Manager.
If your turnover is more than £1m and you are not a NatWest corporate customer, contact your nearest Corporate Banking Centre - find your nearest Commercial Banking Centre.
If your turnover is less than £1m, contact your local branch - visit your nearest branch.