Commercial Banking

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