Offering your clients integrated cash solutions
We offer a range of cash deposits that are fully integrated on abrdn Wrap. This development further extends the existing Wrap investment offering, allowing you to manage client assets in one place.
A wide range of cash deposits at competitive rates
A range of fixed term deposits and notice day accounts to suit a variety of client goals.
Active cash management made easy
Get a holistic view of your client’s portfolio and move money quickly and easily between investments and cash deposits, supporting better client outcomes.
Everything in one place powered by Wrap
Cash solutions are fully integrated so you can benefit from Wrap’s comprehensive functionality to help service your clients more efficiently.
How it works
Meet client demand for cash solutions
- Clients can take advantage of cash interest rates with competitive returns from a wide range of UK banks and building societies
- Offer clients the flexibility of diversifying holdings within the Personal Portfolio, or utilise our multiple personal portfolio functionality to meet a variety of investment goals
- Cash solutions are available for both individual and joint account holders
- Fully protected by the Financial Services Compensation scheme (up to £85,000 per eligible person, per bank, building society or credit union).
Whilst benefiting from the power of Wrap
- Full integration means we can pre-fund switches from other investments into cash deposits in a timely manner
- Clients can secure a lower overall platform charge by keeping more of their assets on Wrap
- Assets held in cash solutions count towards any family linking discount
- Clients can easily keep up to date with their cash solutions with existing client reporting and client portal online access
- Efficient active management of your client's portfolio on platform, giving you the ability to secure competitive cash rates for your clients and then easily reinvest when the time is right.
Cash interest rates
We’ve secured exclusive rates on the following cash deposits, only available to clients on abrdn Wrap:
Bank | Fixed term deposit | Notice account | Min deposit | Max deposit | Term/notice |
---|---|---|---|---|---|
Investec | - | 5.04% APR | £1 | £2,000,000 | 32 day notice |
Société General |
4.40% APR | - | £50,000 | £10,000,000 | 7 months |
Société General | 4.35% APR | - | £50,000 | £10,000,000 | 12 months |
Data is correct as at 16 July 2024.
You can view the full range of products available and latest live interest rates by logging into Wrap and selecting Tools and Literature – Launch Fund Research.
Important information
Cash solutions are provided by Bondsmith and are available with the Wrap Personal Portfolio.
Supporting information
Frequently asked questions
Get started
Want to find out more?
Contact our business development team to discuss your needs and how we can help.
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