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 Previous Interest rates

Previous Interest rates
Base rates
Currency Effective from Rate %
Sterling 07 February 2008  5.25 
US Dollar 19 March 2008  2.25 
Euro 07 June 2007  4.00 

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The Butterfield Private Bank Account - Sterling
Interest rates effective from 08 February 2008
Account balance AER % Gross % PA
£1 million or more  4.85  4.75 
£250,000 to £999,999  4.33  4.25 
£100,000 to £249,999  4.07  4.00 
£50,000 to £99,999  3.82  3.75 

Interest is calculated daily and paid monthly.

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The Butterfield Private Bank Account - US Dollar
Interest rates effective from 19 March 2008
Account balance AER % Gross % PA
$1 million or more  1.51  1.50 
$50,000 to $999,999  1.26  1.25 
$10,000 to $49,999  1.01  1.00 
$0 to $9,999  No Interest  No Interest 

Interest is calculated daily and paid monthly.

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The Butterfield Private Bank Account - Euro
Interest rates effective from 15 June 2007
Account balance AER % Gross % PA
€1 million or more  3.30  3.25 
€50,000 to €999,999  2.78  2.75 
€10,000 to €49,999  3.04  3.00 
€0 to €9,999  No Interest  No Interest 

Interest is calculated daily and paid monthly.

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The Butterfield Pension Fund Account - Sterling
Interest rates effective from 08 February 2008
Account balance AER % Monthly Gross % PA Annual Gross AER %
£1 million or more  5.12  5.00  5.12 
£100,000 to £1m  4.85  4.75  4.85 
£10,000 to £99,999  4.59  4.50  4.59 
£0 to £9,999  No Interest  No Interest  No Interest 

Interest is calculated daily and paid monthly or annually.

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The Butterfield Pension Fund Account - US Dollar
Interest rates effective from 12 May 2008
Account balance AER % Monthly Gross % PA Annual Gross AER %
$100,000 or more  1.12  1.12  - 
$10,000 to $99,999  0.87  0.87  - 
$0 to $9,999  No Interest  No Interest  - 

Interest is calculated daily and paid monthly.

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The Butterfield Pension Fund Account - Euro
Interest rates effective from 16 March 2007
Account balance AER % Monthly Gross % PA Annual Gross AER %
€1 million or more  -  -  - 
€1 million or more  -  -  - 
€100,000 or more  3.30  3.25  - 

Interest is calculated daily and paid monthly.

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The Butterfield Notice Account - Sterling
  35 days 95 Days
Interest rates effective from 17 March 2008  08 February 2008 
Account Balance Gross % AER % Gross % AER %
£100,000 or more  4.85  4.96  5.05  5.17 
£50,000 to £99,999  4.25  4.33  5.05  5.17 

Minimum balance £10,000.  Interest is calculated daily and paid monthly.

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The Butterfield Notice Account - US Dollar
  35 days 95 Days
Interest rates effective from 19 March 2008  19 March 2008 
Account Balance Gross % AER % Gross % AER %
$15,000 or more  1.25  1.26  1.63  1.64 
$0 to $14,999  No Interest  No Interest  No Interest  No Interest 

Minimum balance £10,000.  Interest is calculated daily and paid monthly.

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The Butterfield Notice Account - Euro
  35 days 95 Days
Interest rates effective from 16 March 2007  16 March 2007 
Account Balance Gross % AER % Gross % AER %
€15,000 or more  3.125  3.17  3.25  3.30 
€0 to €14,999  No Interest  No Interest  No Interest  No Interest 

Minimum balance £10,000.  Interest is calculated daily and paid monthly.

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The Butterfield Fixed Term Deposit Account
Available for deposits of £100,000 or greater.
For terms between 1 month and 1 year.

For a quotation please contact your Relationship Manager
or contact us on 020 7776 6720.

All major currencies accepted.
Interest paid on maturity.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year. All rates are subject to fluctuation.  The Gross rate is the rate payable before deduction of income tax at the lower rate of 20%.