Our deposit account rates vary with the Duncan Lawrie Base Rate which will fluctuate from time to time to reflect changes in the rate set by the Monetary Policy Committee of The Bank of England.
All our account rates are shown below:
- Duncan Lawrie Sterling Base Rate
- International Current Account Interest Rates (GBP)
- International Current Account Interest Rates (EUR)
- International Call Account Interest Rates (GBP)
- International Call Account Interest Rates (EUR and USD)
- International Young Person's Account
Duncan Lawrie Sterling Base Rate
0.50% with effect from 06 March 2009
The Previous Base Rate was 1.00%
Tiered rates of interest are offered on deposit and interest bearing current accounts. Account balances receive interest quarterly on the last working day of each quarter. Where this day is on a weekend or public holiday, interest will be applied on the next business day. Interest is calculated on a daily basis on the entire cleared balance at the rate applicable as stated in the tables below.
International Current Account Interest Rate (GBP)
Current Rates (effective 20 February 2009)
| Account Balance | Margin | Gross Interest Rate** | Annual Equivalent Rate*** |
| £0 - £10,000 | N/A | 0.00% | 0.00% |
| £10,001 and over | 4.00% under Base Rate - subject to a minimum rate of 0.035% | 0.035% | 0.035% |
Previous Rates
| Account Balance | Margin | Gross Interest Rate** | Annual Equivalent Rate*** |
| £0 - £5,000 | N/A | 0.00% | 0.00% |
| £5,001 and over | 4.00% under Base Rate - subject to a minimum rate of 0.085% | 0.085% | 0.085% |
Duncan Lawrie's Base Rate is displayed in our offices and published daily on our website. The rate will fluctuate (in a manner determined by the Bank) to reflect changes in the rate set from time to time by the Monetary Policy Committee of the Bank of England.
Duncan Lawrie International Current Account Interest Rate (EUR and USD)
Currently we do not pay credit interest on either Euro or US Dollar International Current Accounts. If you are interested in opening an International Current Account, please contact us today.
International Call Deposit Account Interest Rates (GBP)
Current Rates (effective 29 April 2009)
| Account Balance | Margin | Gross Interest Rate** | Annual Equivalent Rate*** |
| £0 - £10,000 | N/A | 0.00% | 0.00% |
| £10,001 - £25,000 | N/A | 0.00% | 0.00% |
| £25,001 - £50,000 | 2.50% under Base Rate - subject to a minimum rate of 0.0625% | 0.0625% | 0.0625% |
| £50,001 and over | 2.00% under Base Rate - subject to a minimum rate of 0.1250% | 0.1250% | 0.1250% |
Previous Rates
| Account Balance | Margin | Gross Interest Rate** | Annual Equivalent Rate*** |
| £0 - £10,000 | N/A | 0.00% | 0.00% |
| £10,001 - £25,000 | 3.00% under Base Rate - subject to a minimum rate of 0.0625% | 0.0625% | 0.0625% |
| £25,001 - £50,000 | 2.50% under Base Rate - subject to a minimum rate of 0.1250% | 0.1250% | 0.1250% |
| £50,001 and over | 2.00% under Base Rate - subject to a minimum rate of 0.2500% | 0.2500% | 0.2500% |
Duncan Lawrie's Base Rate is displayed in our offices and published daily on our website. The rate will fluctuate (in a manner determined by the Bank) to reflect changes in the rate set from time to time by the Monetary Policy Committee of the Bank of England.
International Call Deposit Account Interest Rate (EUR and USD)
Currently we do not pay credit interest on either Euro or US Dollar International Call Deposit Accounts. If you are interested in opening an International Call Deposit Account, please contact us today.
International Young Person's Account
Whilst in full time education, clients under 21 years of age are eligible for our International Young Person's Account.
Current rates (effective 29 April 2009)
| Account Balance | Margin | Gross Interest Rate** | Annual Equivalent Rate*** |
| £1 and over | 1.00% under Base Rate - subject to a minimum rate of 0.125% | 0.125% | 0.125% |
Previous Rates
| Account Balance | Margin | Gross Interest Rate** | Annual Equivalent Rate*** |
| £1 and over | 1.00% under Base Rate - subject to a minimum rate of 0.25% | 0.25% | 0.25% |
*** The Annual Equivalent Rate ("AER") illustrates what the interest rate would be if interest was paid and compounded each year.
** Actual interest rate may vary from time to time depending upon the Bank's Base Rate