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
Account Types
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Talk to a Clarien Representative today and learn more about how we can help you get started.
FX Services
For personalized FX services of $100,000 or more please call (441)294-5194 or email TreasuryQuery@clarienbank.com.