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. 

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