Fixed Term Deposits

BBVA UK offers fixed term deposits
"Your eligible deposits with Banco Bilbao Vizcaya Argentaria, S.A. London Branch  are protected up to a total of EUR 100,000 by the Fondo de Garantia de Depositos deposit guarantee scheme and are not protected by the UK Financial Services Compensation Scheme. Any deposits you hold above the EUR 100,000 limit are unlikely to be covered. Please ask for further information or visit"

Fixed Term Deposits

If you have surplus funds that you know you will not need for a period of time, you can place them on deposit so they can earn interest for your business.

You may have deposits in sterling, euros, US dollars anda other currencies.

Setting up a deposit is very easy - you can choose between, monthly, quarterly or longer. The interest rate depends on the amount. Many business customers opt for a weekly deposit - these normally run from Friday to Friday.

If you need access to the funds or wish to increase the deposit, just let us know by Thursday and we will modify it as required. Otherwise, we will renew it automatically for the same period. Each time we renew your deposit we will send you a confirmation showing the new period and the interest.

Spanish Banks Deposit Insurance Fund

We are part of Banco Bilbao Vizcaya Argentaria, S.A. ,which is based in Spain. Most depositors are covered by the Fondo de Garantia de Depositos, which is also based in Spain.

This means that if our bank is unable to meet its financial obligations, our eligible UK depositors would be entitled to claim up to £76,722.42(*)  from the Fondo de Garantia de Depositos. The monetary amount guaranteed is applied per depositor. When an account has more than one holder, the sum is divided between the holders in accordance with the terms of their contract. Each holder is guaranteed up to the maximum limit.

For further information about the Deposit Guarantee Fund (including the amounts covered and eligibility to claim) please contact your branch or refer to: 

Fondos de Garantía de Depósitos

C/ José Ortega y Gasset, 22 -5 planta

28006 Madrid

Teléfono: +34 91 431 66 45

Fax: + 34 91 575 57 28


(*) Equivalent of €100,000 based on an exchange rate of 1.3034 Euro/£. This rate is subject to fluctuation.

Please see our Tariff of Charges for our BBVA current account fees and charges.

More Information

BBVA is a trading name of Banco Bilbao Vizcaya Argentaria, S.A. Registered in England with Company No. FC014702 and Branch No. BR001254. Registered office: One Canada Square, 44th Floor, Canary Wharf, London E14 5AA. Authorised by the Bank of Spain and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our regulation by the Financial Conduct Authority and Prudential Regulation Authority are available from us on request.