Commercial Banking

USD Premium Demand Account

Clarien’s US Premium Demand Account is an interest-bearing demand account that is ideal for individuals or businesses that hold large U.S. Dollar balances.

This financial product is designed to offer both flexibility and a competitive rate of return. The rate fluctuates daily based on daily U.S. Dollar Federal Reserve market rates. Clarien’s current Fed Fund Account rate is 1.52%.

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Product Details

  • • U.S. Dollar demand account
  • • Minimum deposit: $100,000
  • • Maximum amount: $5,000,000
  • • Interest compounded daily and paid monthly
  • • Interest rate fluctuates daily based on daily U.S. Dollar Federal Reserve market rates
  • • No monthly interest will be paid if daily balances fall below $100,000 in any given day for the calendar month or for balances over $5,000,000
  • • Statements generated quarterly

Product Benefits

  • • Daily Liquidity with a competitive return
  • • Deposits to the account can be made at any time
  • • Interest rate fluctuates daily based on daily U.S. Dollar Federal Reserve market rates
  • • Long or short-term flexibility