
Rates and
Prices
View the latest Adam & Company interest rates across our product range, for both Private and Commercial clients as well as the current tax rates.
- The Annual Equivalent Rate ('AER') is the notional rate which shows the gross interest rate as if paid and compounded on an annual basis.
- ‘Gross’ is the rate of interest before the deduction of Income Tax at the rate specified by law. Interest will be paid gross.
- All rates are subject to variation.
- We offer our clients money market deposit facilities in sterling, euros and other major currencies for periods ranging from call or overnight, to one year and beyond. Rates are available from your Private Banker.
- For rates and pricing on our current Mortgage product range, please see our mortgage calculator.
Debit interest
Interest on any overdraft arising under the portfolio management agreement will be charged at an aggregate of the Custodian Base Rate from time to time in force and 2%. Interest will be calculated on a daily basis and will be debited quarterly in arrears to an account in your name which is held at the Custodian.
- The Annual Equivalent Rate ('AER') is the notional rate which shows the gross interest rate as if paid and compounded on an annual basis.
- ‘Gross’ is the rate of interest before the deduction of Income Tax at the rate specified by law. Interest will be paid gross.
- All rates are subject to variation.
- We offer our clients money market deposit facilities in sterling, euros and other major currencies for periods ranging from call or overnight, to one year and beyond. Rates are available from your Private Banker.
Currency | Currency Name | You Buy With GBP | You Sell For GBP |
---|---|---|---|
AED | UAE Dirham | 4.4868 | 4.5782 |
AUD | Australian Dollar | 1.7373 | 1.7728 |
CAD | Canadian Dollar | 1.6392 | 1.6728 |
CHF | Swiss Franc | 1.1308 | 1.154 |
DKK | Danish Krone | 8.3863 | 8.5565 |
EUR | Euro | 1.1273 | 1.1504 |
HKD | Hong Kong Dollar | 9.5738 | 9.7671 |
INR | Indian Rupee | 99.8109 | 101.8335 |
JPY | Japanese Yen | 159.0377 | 162.2781 |
NOK | Norwegian Krone | 12.2077 | 12.4573 |
NZD | New Zealand Dollar | 1.8944 | 1.9337 |
SEK | Swedish Krona | 12.7366 | 12.9957 |
SGD | Singapore Dollar | 1.6056 | 1.6386 |
THB | Thai Baht | 40.0343 | 40.878 |
USD | US Dollar | 1.2214 | 1.2465 |
ZAR | South African Rand | 21.2761 | 21.7207 |
Page Last Updated: Wed Feb 01 07:00:00 CET 2023
ILLUSTRATION
Use the 'you buy with GBP' column when you are buying foreign currency with GBP.
- For example, if you are buying GBP 1,000 worth of Euros, it is the rate in the 'you buy with GBP' column that will apply. If this rate is '1.1154' for illustrative purposes, then you will receive EUR 1,115.40 (GBP 1,000 X 1.1154).
- If you were making a payment from a Sterling account for a value of EUR 1,000, the amount to be debited would be GBP 896.54 (EUR 1,000/1.1154).
Use the 'you sell for GBP' column when you are selling a foreign currency for GBP.
- If you are selling Euros to us, it is the rate in the 'you sell for GBP' column that will apply. If this rate is '1.1384' for illustrative purposes, then for EUR 1,000 you will receive GBP 878.43 (EUR 1,000/1.1384).
- If you were making a payment from a Euro account for a value of GBP 1,000, the amount to be debited would be EUR 1,138.40 (GBP 1,000 X 1.1384).
These are indication rates only and payments made or received on your behalf by Adam will be converted at the rates prevailing at the time. These rates do not apply to currency notes or travellers cheques.
You will see an FX margin fee when completing an international payment on online or mobile banking. This is a variable fee which is included within the exchange rates. It will not show as a separate charge on your statement.
When making transactions that involve foreign exchange in Coutts Online, the exchange rate you receive is based on the following:
Coutts Treasury Services acts as the principal price maker for client transactions.
The foreign exchange rate is determined by reference to wholesale interbank quotes sourced from Reuters/Bloomberg quoted as bid/ask.
We incorporate a spread/margin to the wholesale interbank quote, which is added to or subtracted from the exchange rate, depending on whether you are buying or selling the foreign currency. This spread is variable and is determined by a range of factors including the transaction type, size, currencies, prevailing market conditions and overall cost of undertaking the transaction.
The spread is also referred to as FX margin fee when completing an international payment on online or mobile banking. This is a variable fee which is included within the exchange rates. It will not show as a separate charge on your statement.
For any card transactions made in currencies other than sterling, the transaction will be converted to sterling by Visa or MasterCard using the exchange rate on the day the transaction is processed. To compare Visa or Mastercard’s indicative exchange rates for today against that of the European Central Bank (ECB), please select the relevant card type and currency below.
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Mark Up | ECB Rate | Non-Sterling Transaction Fee |
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Adam Black Card:
Money, including currency and travellers cheques, obtained from cash machines or at bank counters, will incur a Cash Fee of 2% of the amount withdrawn (subject to a minimum of £1.50).