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

Given Governments and Central Banks' response to the current crisis, inflation risk and the consequences for financ… t.co/gieoFz7say

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

We’re hiring talented, driven, software engineers to help us build the best Cash Management Service in the UK. Tak… t.co/4JwWA3y3qM

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

Join us tomorrow at the Creative Funding for Property conference hosted by SSAS Alliance. The event promises a day… t.co/zTmS3yGXaL

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

We are excited to announce that, after a period of extraordinary growth, we are expanding our team! We have sever… t.co/el8w1ppwZX

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

The UK Savings market has already seen interest rates fall in recent years. So just how exactly will the introducti… t.co/v4nFlfR4j6

As Featured In: