Barclays

Barclays International Client Monies Scheme

The Barclays International Client Monies Scheme enables you to hold clients' monies in individually designated accounts while allowing you to manage your overall funds as a single account.

It gives your clients access to individual interest-bearing bank accounts, while you earn higher rates of interest based on the amount your business holds across all accounts.

It offers you:

• Higher rates of interest
  Interest is calculated based on the total funds that your company holds across all accounts.
• A high degree of flexibility
  We can tailor our service to meet your company's specific needs.
• The ability to segregate your clients' funds
  Each account within the arrangement has full current account capabilities. Overdraft facilities are available, subject to application and status.
• Easy access to your money
  Via same day transfer or by transferring to your Barclays current account.
• A wide range of currencies
  The scheme is available in US dollars and euros with other denominations available on request. Balance aggregations and interest calculations are carried out separately for each different currency.
• Flexible interest rate calculations on client accounts
  Interest rates are agreed and calculated on an individual basis according to the balance held in each account, and payments are credited to each account quarterly.
• Reduced administration
  You can maintain separate accounts for each of your clients while managing the overall arrangement as a single account, saving you time and money.

Find out more about Barclays International Client Monies Scheme

To learn more about how Barclays could help your business, please contact us and we'll be in touch as soon as possible.

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