Cash Ratio Deposits – effective immediately
The applicable ratio for the next adjustment to CRDs, due on 1 December 2022, will be published on the Bank’s website on 18 November 2022, the Bank will issue call notices to CRD-payers (which will include this revised CRD ratio) shortly thereafter. This CRD ratio will be applied to average ELs in excess of £600 million over the previous six end-calendar months. Further information on how the applicable ratio is calculated.
The deadline for revisions to ELs to be reflected in the December adjustment is 5pm on Wednesday 16 November 2022.
If you are an eligible CRD-payer, you will be contacted directly requesting completion of a Key SurveyOpens in a new window to update your contact details ready for the upcoming adjustment round. Please ensure all are correct before submitting.
All contact details must be updated by 5pm on Monday 7 November.
The Key Survey link will expire following this deadline.
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