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

Currency  Rate     Effective Date
 Sterling   0.665% 21 November 2018
 US $  2.315% 21 November 2018
 AUS $ 1.125% 27 September 2016
 Euro  0.000% 16 July 2012

Please note that the interest rates quoted are net of a cash service charge of 0.135%.

History FAL Interest Rates Change - 21 November 2018