Gain instant access to foreign currency funds
Save money on overseas trade. Foreign Currency Call Deposit from Uplift Federal Credit Union eliminates the need to convert your foreign currency to Euro. You simply lodge the foreign currency on deposit for the currency concerned.
CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.
Available in most major currencies
Deposits can be made via cheque, cash or international money transfer
Withdrawals can be made via drafts, cash (Euro & US dollar only & within limits) or outward payment order
More Benefits
Personal attention – dedicated Relationship Manager can make decisions fast
Flexibility – instant access to your available funds allows you to take advantage of opportunities as they arise. Your funds
are accessed the same way as on a normal Sterling account
Save – regain control over your expenses by avoiding costly currency conversion charges
Control – helping you manage your overall overseas trading position with greater certainty
Further Features
Unlimited maximum balance of funds to invest
Interest calculated daily
Complementary Solutions
Foreign Currency Currency Account
Foreign Drafts
Important Information
Interest:-
Rate available on application
Calculated daily on cleared balance, generally on a 360-day basis
Applied to your account quarterly
Minimum/maximum amount
Minimum - 10k in Euro, US Dollars or equivalent of 10k GBP in other currencies
Maximum - unlimited
Alternative option – Foreign Exchange
Costs:-
Standard charges can be found in the interest rates and charges section. Other fees may be individually negotiated – speak to your International Trade Specialist for more details
Terms and conditions
Clearing timescales may vary according to currency type
Cash withdrawals/deposits are limited and may be subject to a fee
Cheque book and card is not available
No Direct Debits are available
Foreign currency deals will be at the published buy/sell chart rates or through direct dealing
Full terms and conditions available on request