Payment account rates

Foreign exchange

Our illustrative foreign exchange conversion rates for the following currency pairs (before applicable margin) are as below however foreign exchange transactions are executed at the prevailing market exchange rate and the rate will be provided at the time of dealing.

*UK Local time

Our exchange rates for currency conversions arising from corporate actions (including but not limited to dividends) and standing orders are priced automatically using a reference exchange rate as fixed by us from market price sources, with the relevant margin applied.

For FX Transactions involving currencies that we do not execute as principal or which are executed by a third party broker in connection with a security transaction, the currency is bought or sold by our global sub-custodian (which may be an Associate), or the broker, at prevailing market rates with their margin or bid/offer spread applied.

Please refer to your Terms of Business for details regarding the calculation of and changes to our exchange rates in relation to Payment Accounts and to our tariff of charges for applicable margin tiers and details of any applicable charges.

Investment Deposit Account - Managed Portfolios

Currency	Reference rate	Current Reference Rate	Tier¹	Margin	AER²	Gross Rate (% p.a.)
GBP	Bank of England Bank Rate	3.75%	0–50,000	1.75%	2.00%	1.98%
			50,000–250,000	1.00%	2.75%	2.72%
			Above 250,000	0.50%	3.25%	3.20%
USD	Federal Funds Lower Bounds Rate	3.50%	0–50,000	1.75%	1.75%	1.74%
			50,000–250,000	1.00%	2.50%	2.47%
			Above 250,000	0.50%	3.00%	2.96%
EUR	European Central Bank Deposit Facility Rate	2.25%	0–50,000	1.75%	0.50%	0.50%
			50,000–250,000	1.00%	1.25%	1.24%
			Above 250,000	0.50%	1.75%	1.74%

Investment Deposit Account - Execution Only Portfolios

Currency	Reference rate	Current Reference Rate	Tier¹	Margin	AER²	Gross Rate (% p.a.)
GBP	Bank of England Bank Rate	3.75%	0–50,000	2.25%	1.50%	1.49%
			50,000–250,000	1.50%	2.25%	2.23%
			Above 250,000	1.00%	2.75%	2.72%
USD	Federal Funds Lower Bounds Rate	3.50%	0–50,000	2.25%	1.25%	1.24%
			50,000–250,000	1.50%	2.00%	1.98%
			Above 250,000	1.00%	2.50%	2.47%
EUR	European Central Bank Deposit Facility Rate	2.25%	0–50,000	2.25%	0.00%	0.00%
			50,000–250,000	1.50%	0.75%	0.75%
			Above 250,000	1.00%	1.25%	1.24%

Please note these rates are correct as at 17^th June 2026.

The rate that applies will depend on whether your portfolio is a ‘Managed Portfolio’ or an ‘Execution Only’ Portfolio. A Managed Portfolio means a portfolio managed on a discretionary or advisory basis or where you receive our cash administration service.

¹Interest is paid on a tiered basis. Each tier has its own rate, and only the portion of your balance within a tier earns that tier’s rate. When your balance increases, the higher rate applies only to the portion above the lower tier.

²AER stands for ‘Annual Equivalent Rate’ and shows what the interest rate would be if interest was paid and compounded once each year. ‘Compounded’ refers to interest being added on to previously earned interest. AER can help you compare interest rates on different accounts, regardless of how often interest is added to the account. AER is calculated by taking the applicable reference rate and deducting the relevant margin for the portion of your balance within each interest tier.

For details of our debit rates, see our rate schedule.

There is no minimum balance required to earn interest on GBP, EUR and USD accounts. Please refer to your Terms of Business for details regarding the calculation of and changes to our interest rates. Please refer to our tariff of charges, for details of any applicable charges.

Please note that these rates apply to only cash with Schroder & Co. Limited for you (or for your order) with the exception of non-interest-bearing current accounts.

Terms and Summary of 35- and 95- Day Notice Accounts

GBP 35‑Day Notice Account

What is the interest rate?	AER: 3.40% (variable) Gross p.a.*: 3.35% (variable) The interest rate is set and managed by the Bank. Interest is calculated daily and paid monthly. You can choose to have interest added to the account balance or transferred to a linked account.
Can the Bank change the interest rate?	Yes, the interest rate is variable. The Bank may change the interest rate in accordance with the Notice Account Terms. If a change would be to your disadvantage, the Bank will give you at least 35 days’ notice before the new rate takes effect. If a change is to your benefit, the Bank will notify you in advance or as soon as reasonably possible once the change applies. Please read the Notice Account Terms for more information.
What would the estimated balance be after 12 months based on a £50,000 deposit?	Initial deposit: £50,000 Estimated balance after 12 months: £51,700 This is only an illustration and does not take into account your individual circumstances. The example assumes that no further deposits or withdrawals are made, all interest earned was paid into the account, and there was no change to the interest rate during the 12 months.
How do I open and manage my account?	To open a 35‑Day Notice Account, you must already hold an account with the Bank and be able to make a minimum opening deposit of £50,000. Please contact your Portfolio Manager if you wish to open a 35‑Day Notice Account. The maximum permitted balance is £5,000,000, and the account must be held in the same name as your existing account. You may make additional deposits at any time with no minimum increment, although these must be funded from your existing account. Accounts are administered by our Banking Administration team, and clients may manage their account through their Portfolio Manager by post, by telephone, in person, or by email.
Can I withdraw money?	Yes, you can make withdrawals provided you give 35 days’ notice. The notice period begins on the next Business Day after notice is deemed received by the Bank. Notice may be given by post, by telephone, in person, or by email. A minimum withdrawal of £10,000 applies, and you must maintain a balance of at least £50,000 unless withdrawing the full amount to close the account. All withdrawal proceeds will be paid only to your exiting account.
Additional information	The account is denominated in GBP. Interest is paid gross without deduction of income tax. The rates and information in this summary are correct as of 27th April 2026. The information provided in this summary box is a summary of the key features of the GBP 35‑Day Notice Account and is not intended to be a substitute for reading the Notice Account Terms. Please refer to the Notice Account Terms for more information.

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
**Gross p.a. stands for Gross per annum, which is the interest rate payable before tax is deducted.

GBP 95‑Day Notice Account

What is the interest rate?	AER: 3.60% (variable) Gross p.a.*: 3.54% (variable) The interest rate is set and managed by the Bank. Interest is calculated daily and paid monthly. You can choose to have interest added to the account balance or transferred to a linked account.
Can the Bank change the interest rate?	Yes, the interest rate is variable. The Bank may change the interest rate in accordance with the Notice Account Terms. If a change would be to your disadvantage, the Bank will give you at least 95 days’ notice before the new rate takes effect. If a change is to your benefit, the Bank will notify you in advance or as soon as reasonably possible once the change applies. Please read the Notice Account Terms for more information.
What would the estimated balance be after 12 months based on a £50,000 deposit?	Initial deposit: £50,000 Estimated balance after 12 months: £51,800 This is only an illustration and does not take into account your individual circumstances. The example assumes that no further deposits or withdrawals are made, all interest earned was paid into the account, and there was no change to the interest rate during the 12 months.
How do I open and manage my account?	To open a 95‑Day Notice Account, you must already hold an account with the Bank and be able to make a minimum opening deposit of £50,000. Please contact your Portfolio Manager if you wish to open a 95‑Day Notice Account. The maximum permitted balance is £5,000,000, and the account must be held in the same name as your existing account. You may make additional deposits at any time with no minimum increment, although these must be funded from your existing account. Accounts are administered by our Banking Administration team, and clients may manage their account through their Portfolio Manager by post, by telephone, in person, or by email.
Can I withdraw money?	Yes, you can make withdrawals provided you give 95 days’ notice. The notice period begins on the next Business Day after notice is deemed received by the Bank. Notice may be given by post, by telephone, in person, or by email. A minimum withdrawal of £10,000 applies, and you must maintain a balance of at least £50,000 unless withdrawing the full amount to close the account. All withdrawal proceeds will be paid only to your existing Account.
Additional information	The account is denominated in GBP. Interest is paid gross without deduction of income tax. The rates and information in this summary are correct as of 27th April 2026. The information provided in this summary box is a summary of the key features of the GBP 95‑Day Notice Account and is not intended to be a substitute for reading the Notice Account Terms. Please refer to the Notice Account Terms for more information.

Fixed Term Deposits

What is the interest rate?

The interest rate is set by the Bank when the deposit is opened and remains fixed for the full term. Please contact your Portfolio Manager for current Fixed Term Deposit rates for GBP, EUR and USD. Interest is calculated daily from the date of deposit and paid on the maturity date. You can choose to have interest added to the balance or transferred to a linked Investment Deposit account.

Can the Bank change the interest rate?

No. The interest rate is fixed for the agreed term.

What would the estimated balance be at the end of the fixed term based on a range of terms for a deposit of £50,000?

Term	Deposit	AER/Gross interest rate	Estimated balance at maturity
1 month	£50,000	3.24%	£50,133.15
3 months	£50,000	3.29%	£50,405.62
6 months	£50,000	3.41%	£50,840.82
Illustrative balances are provided for guidance only and do not take individual circumstances into account. The example rates shown above are not current rates and may change daily. For the purpose of the illustration, each month is assumed to have 30 days. Additional fixed terms are available from 30 days to 365 days.

How do I open and manage my account?

To open a Fixed Term Deposit, you must already hold an account with the Bank and be able to make a minimum opening deposit of £50,000. Please contact your Portfolio Manager if you wish to open a Fixed Term Deposit. Once opened, you can manage your account through your Portfolio Manager by post, telephone, in person or email.

Can I withdraw money?

Withdrawals are not allowed during the term of the Fixed Term Deposit except in extraordinary circumstances at the Bank’s discretion. At the end of the agreed term, you can:

Renew the matured deposit (the capital amount plus interest) for the same or a different term;
Renew the matured deposit (in this scenario just the capital amount) for the same or a different term and have the interest paid to your existing account;
Repay the capital amount plus interest to your existing Bank account.

If we do not receive instructions from you, the deposit will be renewed at maturity for the same term at the rate applicable on the day of renewal.

Additional information

Interest is paid gross without deduction of income tax. The rates and information in this summary are correct as of 27 April 2026. This summary sets out the key features of the Fixed Term Deposit and is not a substitute for the full Terms and Conditions.

Investment Deposit Account – Managed and Execution only Portfolios

What is the interest rate?

GBP Managed Portfolios (rates effective from 1^st June 2026)
Tier	AER	Gross rate p.a.
£0 to £50,000	2% (tracking at 1.75% below Bank of England base rate)	1.98%
£50,001 to £250,000	2.75% (tracking at 1% below Bank of England base rate)	2.72%
£250,001 plus	3.25% (tracking at 0.5% below Bank of England base rate)	3.2%

USD Managed Portfolios
Tier	AER	Gross rate p.a.
$0 to $50,000	1.75% (tracking at 1.75% below Federal Funds Lower Bounds rate)	1.74%
$50,001 to $250,000	2.5% (tracking at 1% below Federal Funds Lower Bounds rate)	2.47%
$250,001 plus	3% (tracking at 0.5% below Federal Funds Lower Bounds rate)	2.96%

EUR Managed Portfolios
Tier	AER	Gross rate p.a.
€0 to €50,000	0.25% (tracking at 1.75% below European Central Bank Deposit Facility Rate)	0.25%
€50,001 to €250,000	1.00% AER (tracking at 1.00% below European Central Bank Deposit Facility Rate)	1%
€250,001 plus	1.50% AER (tracking at 0.50% below European Central Bank Deposit Facility Rate)	1.49%

GBP Execution Only Portfolios
Tier	AER	Gross rate p.a.
£0 to £50,000	1.50% (tracking at 2.25% below Bank of England base rate)	1.49%
£50,001 to £250,000	2.25% (tracking at 1.50% below Bank of England base rate)	2.23%
£250,001 plus	2.75% (tracking at 1.00% below Bank of England base rate)	2.72%

USD Execution Only Portfolios
Tier	AER	Gross rate p.a.
$0 to $50,000	1.25% (tracking at 2.25% below Federal Funds Lower Bounds Rate)	1.24%
$50,001 to $250,000	2.00% (tracking at 1.5% below Federal Funds Lower Bounds Rate)	1.98%
$250,001 plus	2.50% (tracking at 1% below Federal Funds Lower Bounds Rate)	2.47%

Euro Execution Only Portfolios
Tier	AER	Gross rate p.a.
€0 to €50,000	0.00% (tracking at 2.25% below European Central Bank Deposit Facility Rate)	0%
€50,001 to €250,000	0.50% (tracking at 1.50% below European Central Bank Deposit Facility Rate)	0.5%
€250,001 plus	1.00% (tracking at 1.00% below European Central Bank Deposit Facility Rate)	1%

Rates are based on Bank of England base rate of 3.75%, Federal Funds Lower Bounds Rate of 3.50% and European Central Bank Deposit Facility Rate of 2.00%, all of which may change. To monitor the Bank of England base rate visit www.bankofengland.co.uk; the Federal Funds Lower Bounds rate visit www.federalreserve.gov; the European Central Bank Deposit Facility Rate visit www.ecb.europa.eu. Interest is paid on a tiered basis. Each tier has its own rate, and only the portion of your balance within a tier earns that tier’s rate. When your balance increases, the higher rate applies only to the portion above the lower tier.

Can the Bank change the interest rate?

Yes. The interest rate is variable, so it can go up or down dependent on the Bank of England, Federal Reserve Bank and the European Central Bank base rates. For more details on when we may change the interest rates and the notice that we’ll give you, please see the Schroder and Co Limited Terms of Business which can be obtained from your Portfolio Manager.

What would the estimated balance be after 12 months based on illustrative balances from 50,000 to 3 million?

Managed Portfolios	Sterling	US dollar	Euro
50,000	£51,000.00	$50,875.00	€50,125.00
100,000	£102,375.00	$52,125.00	€50,625.00
250,000	£256,500.00	$55,875.00	€52,125.00
1 million	£1,030,875.00	$1,028,875.00	€1,013,375.00
3 million	£3,095,875.00	$3,088,875.00	€3,043,375.00

Execution Only Portfolios	Sterling	US dollar	Euro
50,000	£50,750.00	$50,625.00	€50,000.00
100,000	£101,875.00	$51,625.00	€50,250.00
250,000	£255,250.00	$54,625.00	€51,000.00
1 million	£1,025,875.00	$1,023,375.00	€1,008,500.00
3 million	£3,080,875.00	$3,073,375.00	€3,028,500.00

Illustrative balances are provided for guidance only and do not take individual circumstances into account. The examples above assume the relevant variable rates shown in the summary box remain unchanged and apply for the full 12-month period, with interest calculated using marginal tiering by band and no withdrawals made.

How do I open and manage my account?

To open an account, you must have a managed or execution only portfolio with us. There is no minimum or maximum balance required to earn interest on GBP, EUR and USD accounts. Please contact your Portfolio Manager if you wish to open an account. You can manage your account through your Portfolio Manager by post, telephone, in person or email.

Can I withdraw money?

Yes. You can make as many withdrawals as you like. You can withdraw money by telephone or email to your portfolio manager.

Additional information

Interest will be credited to the account monthly, typically on the first business day of the next month. Interest is paid gross without deduction of income tax. The rates and information in this summary are correct as of 1^st June 2026. This summary sets out the key features of the instant access account and is not a substitute for the full Terms and Conditions.

AER stands for ‘Annual Equivalent Rate’ and shows what the interest rate would be if interest was paid and compounded once each year. ‘Compounded’ refers to interest being added on to previously earned interest. AER can help you compare interest rates on different accounts, regardless of how often interest is added to the account.

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