atomos Investments Limited – cash interest rates

With effect from 1 January 2025, the appointed custodian will pay interest on cash balances held in your account(s). The rate at which interest is paid will depend on the currency of the cash. The current interest rates are set for GBP, Euro, and USD to apply to each of separate custodian locations i.e. different rates to UK and the Channel Islands domiciled accounts:

• UK mainland based mandates 3.45% (GBP), 1.00% (EUR), 2.85% (USD)
• Jersey based mandates 2.35% (GBP), 0.00% (EUR), 1.00% (USD)

Debit interest is charged on overdrawn accounts at the Bank of England base rate plus 2%.

Please note:

• Interest rates on cash balances held in other currencies are available on request.
• Interest will be paid into or debited from your account every six months.
• Interest may not be credited to your account if the amount of the interest falls below a threshold notified to you by us.

Any changes to the rates we use to calculate interest will be published on this page.

Negative interest rates on credit balances

Banks may apply an interest charge for cash balances held in certain currencies. If the appointed custodian is subject to such a charge, it will pass the cost of holding that cash onto you as a negative interest rate by deducting the relevant amount of that currency from your portfolio.