Cash-backed Lending
Use your deposits as security for an international loan
Qualifying cash, term and notice deposits you hold with us can unlock a world of opportunity. Apply online today for a Deposit-backed Loan that is both quick and simple to activate.
As an existing customer, you can secure a loan valued at up to 100% of cash deposits you hold in a qualifying account.
£
25 000
Minimum loan
$
30 000
Minimum loan
1 to 5 years
Loan term
0.5% of loan amount
*
Arrangement fee
0.5% of loan amount
*
Arrangement fee
GBP, USD
Supported currencies
*
subject to a minimum of £1 000
*
subject to a minimum of £1 000 currency equivalent
Benefits of a Cash-backed Loan
Easy access
Deposits held in a Call or instant access account serve as collateral for your personal loan
Full access
Realise the full value of your cash deposits if your loan is in the same currency as your deposit
Choice
Exercise the option to request a guarantee should this be preferred over a personal loan
Simplicity
Enjoy the benefit of quarterly interest payments that minimise monthly transactions
How it works
- Borrow against your cash or deposits held in an International Saver account, 1-Year Fixed Term Deposit or Structured Product
- Borrow between 50% and 95% of the value of your deposits, depending on the account currency and type, time to maturity and notice period
- Loans against cash deposits can unlock 100% of the value of your deposits, if the loan is in the same currency
- If the cash deposit and loan currency differ, a security margin of 10% or 20% is required
- ‘Rolled-up’ interest is settled when the loan expires, using proceeds from your deposit account
- Interest is applied quarterly in arrears and settled when your deposit matures or the notice period expires
- You are required to maintain a minimum balance equivalent to the loan amount, which must be mandated to the Bank for the full term of the loan
See Cash Backed Loan factsheet
How to get it
- You need an existing qualifying Standard Bank Call or instant access account, term deposit or Structured Product
-
How it works
-
How to get it
- Borrow against your cash or deposits held in an International Saver account, 1-Year Fixed Term Deposit or Structured Product
- Borrow between 50% and 95% of the value of your deposits, depending on the account currency and type, time to maturity and notice period
- Loans against cash deposits can unlock 100% of the value of your deposits, if the loan is in the same currency
- If the cash deposit and loan currency differ, a security margin of 10% or 20% is required
- ‘Rolled-up’ interest is settled when the loan expires, using proceeds from your deposit account
- Interest is applied quarterly in arrears and settled when your deposit matures or the notice period expires
- You are required to maintain a minimum balance equivalent to the loan amount, which must be mandated to the Bank for the full term of the loan
See Cash Backed Loan factsheet
- You need an existing qualifying Standard Bank Call or instant access account, term deposit or Structured Product
YOU MAY BE INTERESTED IN
Saving and Investing
5 Dec 2024
The Future of Offshore Wealth Management
The offshore wealth management industry stands at a crossroads, shaped by ongoing regulatory changes, advancements in technology, and the shifting needs of a more global client base. For decades, offshore banking has provided an essential service to individuals and families looking to manage their wealth across borders. Yet, as regulatory frameworks tighten and client expectations evolve, our industry must adapt, finding innovative ways to deliver not only security and efficiency but also exceptional client outcomes.
Estate & Succession Planning
18 Oct 2024
Establishing an Offshore Trust: Practicalities and Considerations
Families choose to establish trusts for many different reasons. It may be to ensure that wealth is passed between generations in a controlled manner; to provide some form of jurisdictional and asset diversification; to ensure that assets are protected from political or economic volatility, or simply to ensure that wealth passes between generations without the delays and stress of the probate process.
Estate & Succession Planning
18 Oct 2024
Passing the Torch: Engaging the Next Generation in Family Wealth
It is true that traditional wealth planning is being revolutionised by the influence of the next generation (the “Next Gen”).
Saving and Investing
17 Oct 2024
Diversify your portfolio with international structured products
If you live in a country with a weak currency, then you would probably see the sense in taking money offshore to store and invest in a major currency. The overriding benefit of this move is that your international buying power won’t be eroded because your currency is devaluing against the likes of the US dollar, pound sterling or euro.
International banking 101
Easily set up an offshore bank account
Broadening your horizons is easy when you’ve got access to the opportunities to do so. An international bank account is a way for you to take your dreams global and we’re here to facilitate that reality.
International banking 101
Everything you need to know about investing internationally
What is an international investment?
WE ALSO OFFER
Accessible investments
Get exposure to global stocks as well as a mix of bonds and cash to build up your international investment portfolio.
Certainty and security
See your money grow in an international savings account at a fixed interest rate for a fixed period.
International bank accounts
Open an international bank account today to support your global lifestyle and wealth management
Long-term saving
Put money you don’t need immediately into an international notice savings account that offers higher rates the longer your notice period.