Why choose a Private Bank Account for executors and personal representatives?
- You'll pay no account fees.
- Unlimited free day-to-day transactions every month.
- Get a contactless Visa Debit card. A quick and secure way to pay in the UK and abroad.
- You can have up to 4 account holders.
- You don't need an overdraft.
Interest rates
Private Bank Account - £ pounds
| Balance | Gross % p.a. | AER % p.a. |
|---|---|---|
| £500,000+ | 0.90% | 0.90% |
| £100,000+ | 0.75% | 0.75% |
| £0+ | 0.20% | 0.20% |
Rates may vary and are correct as at 2 May 2025.
- Interest is calculated daily and credited monthly.
- Rates are variable and tiered.
The gross rate is the interest rate we pay where no income tax has been deducted.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year.
Additional information
- We'll open your new account within 7 days. It'll be quicker if you're an existing customer, opening an account with us in the same name, as long as your circumstances haven't changed.
- Please make sure all sections of your application are complete, and you've attached the supporting documents listed within the Customer Identification Requirements (pdf) document. If anything is missing, this might cause a delay.
- You can view your Private Bank Account online or manage it over the phone or by post.
- Day-to-day debit transactions on this account are: Visa Debit Card transactions, including recurring transactions; cheque withdrawals; cash machine withdrawals; standing orders; Direct Debits; bill payments and electronic payments. For details of other transactions which incur charges, for example CHAPS, please refer to our Banking Tariff and Fee Information Document.
- Overdrafts aren't available. If you think you may need an overdraft, this account isn't suitable for your needs.
- This account is subject to availability and may be withdrawn from sale at any time without notice.
- We'll support you if you've fallen victim to a fraud. You can find out more about our approach to fraud, on our website.
How to apply
It's important that you fully understand the account, interest rates and the relevant Terms and Conditions before submitting an application.
Please scroll down to 'Key documents' below, where you can download any important information about this account.
To view the interest rates for this account, scroll up to the Interest rates section above. To view all of our interest rates go to our Interest rates page.
Key documents
A guide to our complaints process (pdf)
File size: 84.1 KB
A guide to your account (pdf)
File size: 995.1 KB
Banking Tariff (pdf)
File size: 71.0 KB
Cater Allen Visa Debit Card Guide (pdf)
File size: 422.0 KB
Change of Details Form
File size: 137.2 KB
FSCS Information Sheet and Exclusions List (pdf)
File size: 572.8 KB
Glossary of standardised terms (pdf)
File size: 54.9 KB
International payment request form (pdf)
File size: 58.8 KB
Internet Banking registration guide (pdf)
File size: 699.5 KB
Standing order mandate (pdf)
File size: 201.0 KB
Sanctions Exposure Questionnaire (pdf)
File size: 1.6 MB