Interest and Exchange Rates

Here you can review our current interest and exchange rates.  All information provided here can also be obtained in person from our head office or other offices.

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Interest Rates

Bank of St. Helena Base Rate

All interest rates on accounts and loans are derived from the current Bank of St. Helena Base Rate.

Any change to the Bank of St. Helena Base Rate results automatically in a change to all other rates, by the same amount.

Current Rates

     

Product 

Current Interest Rate 

Notes 

Base Rate

Bank of St. Helena Base Rate 

4.00% 

 

Accounts

Current Accounts 

4.00% 

1 

Child Bond Savings Accounts 

6.00% 

1, 4 

New Life Savings Accounts 

5.00% 

1, 4 

Personal Loans

Secured 

7.00% 

2 

Unsecured 

8.00% 

2 

Business Loans

Secured 

6.00% 

2 

Unsecured 

7.00% 

2 

Other

Unauthorised overdrafts 

10.00% 

3 

Rates with effect from:  Saturday 1 September 2007. Interest rates are subject to change without notice.

Notes:

1

Interest paid annually on 1St April.

2

This is an indication and not a formal offer.  All loans are subject to status and to Terms and Conditions which can be obtained from the bank.

3

It is not normally permitted to overdraw an account.  If an overdraft occurs it must be corrected immediately.  Interest will be charged at this rate until the overdraft has been cleared.

4

Eligibility and other restrictions apply.  See Services page for more details.

Please note:  Rates were correct at the time of publication, but are subject to change without notice.  We apologise for, but cannot accept any liability for, any errors or omissions on this page.  Please press the 'refresh' button on your web browser to ensure that you have the latest version of this page.

Publication of Base Rate changes

When the bank needs to change the Base Rate it will publicise this change in the following ways:

  1. By notice, displayed prominently in every office

  2. By amending the page on its website where interest rates are displayed (this page).

The bank may also make known details of the change by other means, at its discretion, including announcements in the media.

Exchange Rates

Bank of St. Helena publishes its currency exchange rates by email.  This service is free.  They can also be downloaded from this site.

Downloading Instructions

To download Bank of St. Helena's current exchange rates please click here.

Rates-by-Email

You can have the bank's latest rates emailed to an address of your choosing by subscribing to our Rates-by-Email service. Click here to go to http://finance.groups.yahoo.com/group/RatesByEmail/.

Important Information

Normally rates are updated on the Thursday before they become applicable, and apply from the Monday following for that week.  However, rates are subject to change without notice and other updates may be published.  Therefore, for the avoidance of doubt, please note that this notice is for information only and does not constitute a guarantee to undertake transactions at the stated exchange rates.

Technical Information

Rates are provided as a PDF file.

Where documents are in PDF format, to read them you will need a PDF reader (Version 6.0 or later).  If you do not have one you can obtain one (free) from www.adobe.com.  If you need information regarding visual impairment issues please consult the Adobe Accessibility website at http://access.adobe.com/. (The Bank of St. Helena takes no responsibility for external sites.)

 


Maintained until 31st March 2008 by http://www.burghhouse.com