Earn interest on any client funds you're holding with our Client Premium Deposit Account. You can withdraw the funds anytime you like so it's a great alternative if you need a holding account but you can't commit to the Flexible Client Term Deposit Account.
You can withdraw money from the account whenever you like.
Make and receive electronic payments including CHAPS, Bacs, SWIFT and standing orders.
We’re up front with our customers about everything. We’ve created this handy summary of our Client Premium Deposit Account key features so you can see the important information from the get-go.
|Interest rate||Minimum balance||Interest payment frequency|
|0.20% AER (variable)||None||Monthly, half-yearly or annually|
There’s no set-up fee or monthly maintenance fee for this account.
We will charge for some transactions and services such as international payments, CHAPS payments and an Auditor's Certificate of Balance. You can find all the details of our transaction and service charges in the downloadable PDF below.
It’s typically used by solicitors and accountants, but other businesses can benefit too.
If you have client funds that you need to deposit for at least 6 months, you may want to consider our Flexible Client Term Deposit Account to earn a higher interest rate.
Open in store – we’re open 7 days a week, including after work and at weekends.
Call the Business Team on 0345 08 08 508 or simply talk to your Relationship Manager.
If your account balance and agreed overdraft aren’t enough to cover a payment, we may give you an unarranged overdraft. Unarranged overdrafts have a typical interest rate of 25% EAR (variable).
We may also make other charges:
Download our PDF to read when you like - it contains all the ins and outs of our Client Premium Deposit Account.
You can make international payments from your local store. Find your nearest store
You can also call our Business Customer Service Team on 0345 08 08 508, or +44 203 402 8312 if you’re outside the UK, and a member of the team will help you make the payment.
You’ll need to know and provide the recipient’s IBAN number (International Bank Account Number), Swift/BIC Code (Bank Identifier Code) and the payee’s bank and personal details in order to make the payment.
With Bacs payments you can move money from one bank account to another. They’re mainly used for direct debits payments. Payments can take 3 working days to clear. There is no charge to make or receive Bacs payments.
You can use SWIFT payments to transfer money between different countries. There is a £25 charge to use this service.
You can use CHAPS to make payments in the UK, in sterling, on the same day. There is a £25 charge to use this service.
Usually, the cheque will clear on the fourth working day after you pay it in. If you pay a cheque in on Monday, you can use the money on Friday. Pay it in on Tuesday and you can use the money the following Monday – and so on.
If the bank the cheque is from is using extra security measures, it will take a little longer. International cheques can take 6-8 weeks to clear.
Metro Bank 24/7. Check balances, make payments, see transactions and open new accounts any time - all with internet banking.
Control your money on the move with our mobile banking app. Check balances, move money, make payments and more wherever you are.
A friendly face and a quick answer. And all the usual payment services too. We're open 362 days a year.
If you need help you can talk to a real person in our UK contact centre 24 hours a day, 7 days a week, 365 days a year.
Choose to lock away your client funds in a fixed deposit term that suits you and earn higher interest.
The right deposit account can help you reach your goals. Discover how you can make your money work harder with our helpful guide.
Find solutions tailored to your industry. Talk to our experts who understand the challenges in your sector, from healthcare to property to financial services.
Your eligible deposits with Metro Bank are protected by the FSCS.