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||2.825%||28 November 2022|
|US $||3.85%||28 November 2022|
|AUS $||2.625%||16 November 2022|
|Euro||1.125%||28 November 2022|
|CAD||3.525%||16 November 2022|
|JPY||0.00%||01 January 2022|
Please note that the interest rates quoted are net of a cash service charge of 0.125%.