A platform built for our Advisers
As one of our valued introducer partners, you have access to our Partner Portal, where you can create or request an Illustration, sign up your clients or join our next webinar.
We partner with over 45 banks and building societies, including small challenger banks with competitive rates and large high street banks with strong credit ratings.
Yes, we have a few Sharia-compliant banks on our panel.
Yes, we have ethical banks on our panel.
All our banks and building societies are covered under the FSCS scheme up to £85,000 per depositor, except for a Guernsey-based building society, which is covered under the Guernsey Banking Deposit Compensation Scheme (up to £50,000 per individual).
All accounts offered through Insignis Cash are covered by the FSCS or equivalent depositor protection coverage.
Most banks and building societies operate under their own banking license.
Please note RateSetter by Metro Bank operates under Metro Bank’s deposit-taking license, with combined FSCS protection up to £85,000 per UK depositor.
We have partnered with Fitch Ratings to give clients, on request, sight of the credit ratings of the institutions on our banking panels.
All institutions are authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) in the UK, appearing on the Bank of England’s list of authorised banks and classed as dual-regulated deposit-takers.
All our banks and building societies have agreed that they will not contact our clients to avoid any cross selling.
To open an account, all the beneficiaries must be:
Please note we cannot open accounts for any individuals living outside the UK or US Persons submitting tax returns to the US Inland Revenue Service (IRS).
We offer over 26 client types, including corporates, charities, trusts, power of attorney, court of protection, SIPPs, SSASs, and more.
We require appropriate verification of identity and address for personal customers. For legal entities or arrangements, we need identification and verification of beneficial owners, controlling parties, and business activities. Evidence of the source of funds and assessment of source of wealth are also necessary. Additional information or documentation may be required to meet regulatory requirements.
No, you do not need to change your current daily banking relationships, unless you have accounts with a provider not on appearing on the Bank of England’s list of authorised banks.
You can deposit and place surplus cash on our platform while keeping day-to-day transactions with your existing banking provider.
We offer US dollar and Euro accounts across our individual, joint, corporate, charity and trust accounts.
We accept paper application forms, although processing may take longer to process.
We conduct anti-money laundering checks on all clients as required by banks the law and regulations that apply to us.
Client data, including personal and organisational information is encrypted using proprietary encryption methods. All Personal data is encrypted when data is at rest and access is only permitted to authorised personnel.
Access to the Cash Management Platform is secured using Strong Customer Authentication (SCA username, password, and PIN code sent to registered mobile).
Funds can take up to one business day to appear in the Insignis Cash Hub account, provided they come from the client’s linked account with the correct reference. Clients receive an email notification once the funds are available to be placed.
You can have as many people as you would like with ‘view only’ access on the account and these individuals can be added once your Insignis Cash account is opened. In addition, when completing your application, you can choose to have either one (single authority) or two (dual authority) on the account. This/these individual/s will be responsible for adding, moving, and withdrawing funds from the Insignis Cash platform.
You can open an Insignis Cash account for a holding company as well as trading companies.
You can open multiple Insignis Cash corporate accounts for your different businesses, however, you will need to have separate email addresses for each account.
We offer multiple account types, including, but not limited to, individual, joint, charity, trust, and pension accounts. Please get in touch with
info@insigniscash.com if you would like to open a second account.
Our only charge is the annual account service fee, which is based on the total deposit, which is due monthly in arrears. There are no other fees for the Insignis Cash service.
Once a client deposits funds into their Hub account, we set aside the annual account service fee and draw down monthly payments in arrears from this fee reserve account. We charge a minimum of one quarter of the fees, after which fees are charged pro rata. While the funds are in the fee reserve, they remain in the client’s name. There are no other fees for the Insignis Cash service.
We don’t charge the banks or building societies that offer products on the Insignis Cash platform, meaning the client receives the full interest rate that the bank is offering. The only fee for the Insignis Cash service is out annual account service fee, which is based on your total deposit.
Once the application is accepted account is opened, the client and, if applicable, the adviser receives a welcome email informing them that the account is now open and operational with all the information needed to deposit the funds.
Funds can be paid into the Insignis Cash Hub Account via bank transfer or cheque. Bank details can be found on the Insignis Cash platform under the ‘Action’ menu ‘Add Funds’ option.
Clients can add funds to the Insignis Cash Hub account anytime, but how much you can send in one go may be determined by any limits set by your bank. Insignis Cash applies no limit on the amount.
There is no time limit to deposit the funds.
There is no limit to the amount of cash that Insignis Cash can manage for you. Many clients see the interest returns on their initial deposit and then choose to increase their funds in the service.
There is no minimum to keep an account open.
Funds can take up to one business day to appear in the Insignis Cash Hub account, provided they come from the client’s linked account with the correct reference. Clients receive an email notification once the funds are available to be placed.
For security reasons, funds can only be withdrawn back to the linked account; they cannot be sent to other accounts or third parties. In exceptional circumstances, we may allow funds to be sent to authorised third parties, such as in cases of bereavement or customers in certain vulnerable circumstances, with the relevant legal documentation.
The linked account is the account to which funds are sent back when clients request a withdrawal and for security reasons, clients can only have one linked account at the moment.
On the Insignis Cash platform, clients can generate three reports at any time:
Clients’ funds are securely held by the relevant financial institutions, not by Insignis Cash. Funds would be retained by the banks and building societies until maturity (if applicable), when the funds will be returned to the linked account.
We offer a wide range of account terms, including Easy Access, Notice Accounts, and Fixed Term Deposits up to 5 years.
Clients are eligible for any new banks and building societies joining our panel without the need for further documentation, dependent on client type.
Funds are available by close of the next business day, to move from the Insignis Cash Hub account to any spoke account.
Once funds have been placed into a spoke account, the account will automatically move from “Pending” to “My deposit” view on the platform.
The client always stays the beneficial owner of the funds throughout the process. The funds never touch Insignis Cash.
Interest is accrued according to the terms of the chosen spoke account, which can be monthly, quarterly, annually, or on the anniversary.
Clients cannot set up a standing order to have interest paid out to their linked account each month as the interest accrued varies depending on the spoke accounts selected.
Clients can log into the Insignis Cash Platform and view all available rates across banks and building societies at any point.
Clients can log into the Insignis Cash Platform and see all the rates available to them across banks and building societies at any point.
Our deposit takers may allow accounts to be broken early in cases of bereavement, on provision of the relevant legal documentation. Other than bereavement, they will consider breakage requests where valid reasons may include customers in vulnerable circumstances (e.g., terminal illness) or sometimes cases of extreme financial hardship. Deposit takers review all breakage requests on a case-by-case basis. If the conditions are not met, notice must be served or maturity reached, for clients to access their funds.
When clients request a withdrawal from the Hub account, funds will be returned to their linked account by close of the next business day.
Insignis Cash allows dual authorisation on transactions which means one individual requests a transaction (movement or withdrawal of funds) and a second individual approves the transaction. The approver will receive an email notification when a transaction is requested.
Clients are responsible for moving funds within their Insignis Cash account. They can do this easily on the Insignis Cash Platform or authorise their Adviser to transfer funds on their behalf. Insignis Cash can only move funds with prior permission from clients.
As an Adviser, you can transact on behalf of your client if you have been authorised by your clients on the application form. Clients can also transact themselves by contacting our Client Services team.
As an Adviser, you can view your client’s account through the Insignis Cash Platform if you have been authorised by your clients on the application form.
As one of our valued introducer partners, you have access to our Partner Portal, where you can create or request an Illustration, sign up your clients or join our next webinar.