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Cash Management
Manage your savings in more than one currency
To apply you must be; aged 16+, resident in one of our listed countries and meet our minimum balance, salary or deposit requirements.
Why choose a Cash Management account?
An account to manage multiple currencies and foreign currency transactions online, allowing you to flex your savings to your needs.
- Manage multiple accounts and view and transfer in multiple currencies online
- The instant access pot gives you the flexibility to withdraw your savings at any time
- The fixed term savings pot allows you to save in a range of currencies over a term to suit you – either 3, 6, 9 or 12 months
In detail: Cash Management account
What interest rate could I expect?
Interest rates vary between currencies. Please contact us for more information on the rates currently available.
Can NatWest International change the interest rate?
Yes for Instant Access Deposits
The interest rate is variable and we will write to you to inform you of the change. The rate may increase or decrease for any of the reasons set out in Term 10.3 of the Personal Banking Account Terms and Fees to account for the Bank of England's base rate changes or changes in the rates paid by other banks. If the rates are going down we'll give you at least 60 days' notice. If they are going up, we'll inform you before the change or shortly afterwards. Term 10.4 of the Personal Banking Account Terms and Fees contain details of the notice we'll give you.
Not for Fixed Term Deposits
The rate agreed at the start of the term will not change during the course of the deposit, between the Fixed Term Deposit Start Date and the Fixed Term Deposit Maturity Date. Contact us for more information.
Common Questions
Fixed Term Deposit
- Fixed rates over a fixed term so you know what you'll earn
- A term to suit you - either 3, 6, 9 or 12 month
- Start saving with balances from £5,000 or $10,000
To apply you must be; aged 16+, resident in one of our listed countries, open the account with a minimum deposit of £5,000 or $10,000 and be a Cash Management account holder or open one at the same time that you open your US Dollar Fixed Term Deposit.
Definitions
Annual Equivalent Rate (AER): Stands for the Annual Equivalent Rate. It shows you what the rate would be if interest was paid and compounded each year.
Gross Rate: The interest rate you are paid without the deduction of income tax.
p.a.: Per annum (per year).
Start Date: is the date on which your money is fixed.
Maturity Date: is the date on which your Deposit matures.
Ready to apply?
Before you apply, we've outlined the eligibility requirements for the account below, along with our terms and conditions to make sure it's the right account for you.
Eligibility requirements
To open a Cash Management account you must:
- be aged 16+, and
- resident in one of our listed countries, and
- open the account with a minimum deposit of £25,000 or pay in a mandated salary of £40,000.
Residential requirements
Our International Banking service can help customers who are resident in the following countries:
Austria, Bahrain, Belgium, Bermuda, Canada, China (Expats only), Denmark, Finland, France, Hong Kong, Kuwait, Norway, Oman, Qatar, South Africa, Sweden, Switzerland, United Arab Emirates, United Kingdom (Non-domiciled only) or the United States of America.
Please note that not all of our products and services are available in all jurisdictions and some are available on a limited basis only due to local regulatory and legal requirements. Contact us to find out more.
Please review our important information
Our important documents give all the detail you need about our account. If you carry on applying, it means you're happy with what's in these documents. Please take some time to review, print and/or save the important information.
Depositor Compensation Schemes
Under the scheme(s) customers are entitled to make only one claim per licensed entity regardless of the number of brands or trading names contained within that licensed entity and customers are entitled to make one claim only per licensed entity in the jurisdiction where the deposits are held.
Therefore as NatWest International brand is operated by RBS International it is not licensed in its own right. A person with a deposit in NatWest International and a deposit in RBS International would thus only be entitled to make one claim.
How your information might be used
It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.
To begin your application...
This process must be completed using a mobile device (phone or tablet).
During the application process we require you to take photographs of some documents for ID and address verification purposes. We also require you to take a selfie for fraud prevention purposes.
To continue, navigate to natwestint.com/international-apply on your mobile device, or use your phones camera to scan this QR code.