Regulatory Capital Cash

by Insignis Cash Solutions in News

We have been visiting a number of Wealth Managers across the country over the last few weeks and the topic of regulatory capital cash often comes up.

A firm can have a large amount of money sitting in a single bank account earning little interest. We would recommend diversifying the funds across several banks to mitigate the risks of bank failure and therefore complete loss of the full amount if your bank goes bust.

Several Wealth Managers were not aware that as a financial institution, any regulatory capital cash may not be protected under the FSCS and therefore can be needlessly exposed to bank failure.

A deposit of £1 000 000 in a 31 day notice corporate account will receive £13,000 in interest at current rates.

We can help you manage the funds going forward, ensuring that you have the liquidity you need, whilst earning a better interest rate for the cash amount. Let us know if you would like to set up an account.

Leave a Reply

Press Contacts

TWITTER

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

The Bank of England have today increased the Bank Rate to 0.75%. The MPC voted by a majority of 8-1 to increase the… t.co/qxjtx0rWQX

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

The Bank of England have increased the Bank Rate to 0.5%. The MPC voted by a majority of 5-4 to increase Bank Rate… t.co/tPrZIrmwKw

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

It's predicted that £5.5 trillion will change hands through intergenerational wealth transfer over the next 30 year… t.co/upRNshzctU

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

The Insignis Team would like to take this time to wish you all a Merry Christmas and a Happy New Year! Please note… t.co/jsAJxsbdyK

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

What lies ahead for the UK economy? In our latest article, we explore the past, present, and future of interest ra… t.co/3zhXm2ihS0

As Featured In: