International US Dollar Account - Frequently asked questions
Q. How long does it take to open an account?
We do our best to keep this process as speedy and straightforward as we can. By supplying us with everything we need at the same time as you make your application, you will be helping us to keep the process to a minimum. The What we need you to provide document gives you a step-by-step outline of the information we need and the format in which it has to be supplied.
Q. I'm an existing customer. Do I need to fill in an application form?
If you're an existing customer, you may be able to open your new account even faster by making your application by phone. There's no extra paperwork - just one call. Phone +44 (0)1534 825 064.
Q. What is the minimum opening balance?
The minimum opening balance for an International US Dollar Account is $5,000.
Q. How much can I deposit in the International US Dollar Account?
That's completely down to you. There's no limit on how much you can hold in your account.
Q. How much access do I have to my money?
You can make as many withdrawals from your International US Dollar Account as you like, without notice or loss of interest.
Q. Can I have card access to my International US Dollar Account?
Once your US Dollar Account is up and running, you can apply for an American Express International Currency Card. It gives you an additional way to access your savings, plus round-the-clock support from American Express.
Q. Can I access my account using internet banking?
You can use internet banking to check the balance, view account activity, order historic statements and interest certificates. You can also arrange transactions, in the same currency as your account, to accounts in the UK and worldwide, Simply register by calling our Internet Banking Helpdesk on +44 (0)1534 848 521 Monday to Friday 09.00 to 17.00 UK local time.
Q. When is my interest paid?
Interest is credited to the account annually on the 31st December and is calculated on a 360-day year basis in line with established international practice.
Q. Can I have my interest paid back into my account?
Interest is credited to the account annually on the 31st December.
Q. Who can I speak to if I need extra information?
If you need further information, call us on +44 (0) 1534 825050 or request a callback.
The account is held with Bank of Scotland International Limited.
