Previous Interest Rates - Business Accounts: Business: HSBC UK

Current accounts

Product	Effective Date	AER %
Business Direct (For Business Banking customers with an annual turnover below £500,000 and a preference for banking by internet or by telephone)	11.12.08	0.00
Business Current Account – Small Business Tariff (For Business Banking customers with an annual turnover below £2,000,000 and a preference to use cash and cheques when banking)	11.12.08	0.00
Business Current Account – Individually agreed pricing (For Commercial Banking customers with an annual turnover between £2,000,000 and £25m or larger transactional volumes)	11.12.08	0.00
Schools and Colleges Account	11.12.08	0.00
Community Account	11.12.08	0.00

Net Rate: The rate after the deduction of tax applicable to interest, currently 20%. Higher rate tax payers will have an additional liability.

GROSS: The rate before the deduction of tax applicable to interest on savings accounts.

All rates are quoted per annum, unless otherwise indicated, and are variable.