Why choose a US Dollar Bank Account?
- You'll pay no fees to maintain this account.
- Unlimited free everyday debit transactions every month.
- Get a contactless Visa Debit card. A quick and secure way to pay.
- You can have up to 4 account holders.
- You don't require standing orders or Direct Debits.
- You don't need an overdraft.
Additional information & interest rates
- 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 US Dollar Account online or manage it over the phone or by post.
- Everyday debit transactions on this account are: Visa Debit Card transactions, including recurring transactions, cheque withdrawals, cash machine withdrawals, bill payments and electronic payments. For details of other transactions with charges, for example CHAPS, see our Banking Tariff and Fee Information Document.
- Overdrafts aren't available. If you think you may need an overdraft, this account isn't right for your needs.
- No interest will be paid on your balance.
- This account is subject to availability and may be withdrawn from sale at any time without notice.
US Dollar Bank Account - $ US Dollars
| Balance | Gross % p.a. | AER % p.a. |
|---|---|---|
| $5,000+ | 0.00% | 0.00% |
Rates may vary and are correct as at 20 April 2020.
- If interest is payable, it is calculated daily and credited quarterly.
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.
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 'Literature downloads' below, where you can download the Personal Account Application Form and Mandate, and Customer Identification Requirements.
Please complete these forms on your device or in writing in BLOCK CAPITALS and black ink, and send with your required identification and any other documents to:
Cater Allen Operations
Sunderland
SR43 4FB
To view the interest rates for this account, click on Interest rates in the 'Additional information & interest rates' section above. To view all of our interest rates go to our Interest rates page.
Customer identification requirements
File size: 54.4 KB
Banking Tariff
File size: 59.0 KB
FSCS Information Sheet and Exclusions List
File size: 1.7 MB
Personal Terms and Conditions
File size: 176.4 KB
US Dollar Bank Account Fact Sheet
File size: 789.5 KB
US Dollar Bank Account Fee Information Document
File size: 138.5 KB
Literature downloads
A guide to our complaints procedure (pdf)
File size: 32.0 KB
A guide to your account (pdf)
File size: 808.9 KB
Banking Tariff (pdf)
File size: 59.0 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: 1.7 MB
Glossary of standardised terms (pdf)
File size: 38.7 KB
International payment request form (pdf)
File size: 58.8 KB