Deposit-backed Lending
Borrow against your deposits in an International Saver account
Simply borrow in pounds sterling or US dollars, depending on the currency of your deposits.
Unlock the potential held in your international deposits with a secured personal loan that is both flexible and customisable.
£
25 000
Minimum loan
$
30 000
Minimum loan
1 to 5 years
Loan term
0.5% of loan amount
*
Arrangement fees
0.5% of loan amount
*
Arrangement fee
GBP, USD
Supported currencies
*
subject to a minimum of £1 000
*
subject to a minimum of £1 000 currency equivalent
Benefits of a Deposit-backed Loan
A known entity
Available to existing clients who hold qualifying international deposits with us in the Isle of Man
Simplicity
Interest is settled using the proceeds from your deposit account when the loan term expires
Favourable terms
Unlock up to 95% of the value of eligible deposits with this flexible loan facility
Currency choice
Borrow in pounds sterling or US dollars, depending on the currency of your deposits
How it works
- Borrow against your deposits in an International Saver account, 1-Year Fixed Term Deposit or Structured Product
- Access between 50% and 95% of the value of your deposits, depending on the account type, time to maturity and notice period
- ‘Rolled-up’ interest is settled when the loan expires using proceeds from your deposit account
- Interest is applied quarterly in arrears and settled when your deposit matures or the notice period expires
- You are required to maintain a minimum balance equivalent to the loan amount, which must be mandated to the Bank for the full term of the loan
See Deposit-backed Loan fact sheet
How to get it
- You need an existing qualifying Standard Bank savings account, term deposit or Structured Product
-
How it works
-
How to get it
- Borrow against your deposits in an International Saver account, 1-Year Fixed Term Deposit or Structured Product
- Access between 50% and 95% of the value of your deposits, depending on the account type, time to maturity and notice period
- ‘Rolled-up’ interest is settled when the loan expires using proceeds from your deposit account
- Interest is applied quarterly in arrears and settled when your deposit matures or the notice period expires
- You are required to maintain a minimum balance equivalent to the loan amount, which must be mandated to the Bank for the full term of the loan
See Deposit-backed Loan fact sheet
- You need an existing qualifying Standard Bank savings account, term deposit or Structured Product
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International bank accounts
Open an international bank account today to support your global lifestyle and wealth management.
Ready to save?
Look no further than an Offshore Reserve savings account as a way to save in any of four different currencies, including ZAR
Long-term saving
Put money you don’t need immediately into an international notice savings account that offers higher rates the longer your notice period.
Accessible investments
Get exposure to global stocks as well as a mix of bonds and cash to build up your international investment portfolio