Details of interest paid on cash held within funds at Lloyd's.
Interest earned on cash held within funds at Lloyd's is paid on a semi-annual basis. Interest is accrued to a date in June and December and is paid away in accordance with members' instructions within a week of this date. This process is the same for GBP, USD, AUD and EUR.
Current interest rates payable
|Sterling||1.075%||30 June 2022|
28 Jun 2022
|AUS $||0.375%||16 Jun 2022|
|Euro||0.000%||16 July 2012|
|CAD|| 1.125%||16 June 2022|
|JPY|| 0.00%||01 January 2022|
Please note that the interest rates quoted are net of a cash service charge of 0.125%.