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international reserve account

International Reserve Account

Instant access savings in multiple currencies

Our International Reserve Account lets you save in sterling, euros or US dollars, helping you to make the most of your money.

Features and benefits

There are lots of reasons to choose an international savings account: whether you're living abroad but keeping savings in sterling or working in the UK but being paid in US dollars, our International Reserve Account could be right for you.

Easy access savings account

Deposit or withdraw funds whenever you choose.

Available in three currencies

Save in the currency you prefer:  sterling, dollars or euros.

No withdrawal restrictions or penalties

Withdraw money whenever you  like with no fees.

Flexible savings

Add to your account at any time, subject to any maximum balance restrictions.

Open an account with just £1

Open an account with just £1, US$1 or €1. The maximum deposit limit is £25 million, US$40 million or €10 million.

Choose your account location

We offer a choice of locations so you can open your account in a jurisdiction that best suits your needs.

Eligibility

To open an International Reserve Account, you must be a client of Barclays International Banking - you'll need a minimum balance of £25,000 (or currency equivalent) in cash or investments to deposit and maintain across your Barclays international bank accounts.

Account information

What else you need to know about the International Reserve Account?

What is the interest rate?

All rates are effective 1 October 2018.

Balance (GBP)

Gross rate p.a.

AER

£0 to £49,999

0.35%

0.35%

£50,000 to £99,999

0.35%

0.35%

£100,000 to £999,999

0.40%

0.40%

£1,000,000 to £4,999,999

0.50%

0.50%

£5,000,000+

0.60%

0.60%

Interest is paid monthly on the first working day of the month

Balance (USD)

Gross rate p.a.

AER

$0 to $49,999

0.45%

0.45%

$50,000 to $99,999

0.45%

0.45%

$100,000 to $999,999

1.10%

1.10%

$1,000,000 to $4,999,999

1.35%

1.36%

$5,000,000+

1.85%

1.86%

Interest is paid quarterly on the first Monday of March, June, September and December.

Balance (EUR)

Gross rate p.a.

AER

€0 to €49,999

0.00%

0.00%

€50,000 to €99,999

0.00%

0.00%

€100,000 to €999,999

0.00%

0.00%

€1,000,000 to €4,999,999

0.00%

0.00%

€5,000,000+

0.00%

0.00%

What would the estimated balance be after 12 months based on a £1,000 deposit or currency equivalent?

Deposit amount in currency

Estimated value after a year

£1,000

£1,002.50

$1,000

$1,004.51

€1,000

€1,000.00

Can Barclays change the interest rate?

Yes, rates are variable. We can increase or decrease the interest rates as set out in ‘Barclays Bank Terms’. For more details on when we may change the interest rates and the notice that we’ll give you, please see our 'Barclays Bank Terms’ booklet which can be obtained from your usual contact point or viewed online on our terms and conditions page.

Can I withdraw money?

Yes, instant access.

How do I open and manage my account?

You can open an account online, by visiting us in branch or calling us. You can manage your account in branch, or using Online Banking, Barclays Mobile Banking or Telephone Banking – provided you’re registered.

Please note...

This account is only available to individuals. You can have more than one International Reserve Account at any given time in sole or joint names provided the total balances do not exceed £25m, US$40m or €10m.

Talk to us about international savings

Talk to us about international savings

See how you could make your money work harder with our choice of savings options - call us on  +44 (0)1624 684316* or chat to us.

New to International Banking? Apply for an account online.1

More ways to save

Children's savings account

Children's Savings Account

Start building a nest egg for your child's future

Whether saving for university, a deposit for their first home or just as a gift, a Children’s Savings Account is a great way to invest in their future.

Treasury deposits

Treasury deposits

Focus on growing your savings

Treasury deposits offer a fixed interest rate for anything from three months to five years. You choose the currency and timeframe that suits you.