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A multi currency account designed for you
Cash Management account
To apply you must be aged 18 or over, be resident in the Isle of Man and be the owner or director of the business you’re applying on behalf of. Your registered business address must be in the Isle of Man, and/or the business must be registered for tax purposes in the Isle of Man.
The business must have a single layer of ownership with no nominee shareholding structures. All owners, directors or shareholders must be resident in the Channel Islands, Isle of Man or Gibraltar. Cash takings must not exceed 20% of the annual turnover.
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Why choose a Cash Management account?
Our multi-currency Cash Management account helps to optimise the liquidity and return on funds and is supported by our electronic banking service, eQ.
A Cash Management account can be operated in a number of different ways:
- As an interest bearing account
- To manage an interest bearing, fixed deposit account with various terms
- To manage a loan, providing either single repayment fixed term advances or amortisation business term loan facilities
What is the interest rate?
Common Questions
Eligibility criteria
To apply for a cash management account with Isle of Man Bank you must be:
- aged 18 or over
- resident in the Isle of Man
- the owner or director of the business you’re applying on behalf of
and the business:
- registered address must be in the Isle of Man
- must have a single layer of ownership with no nominee shareholding structures with all owners, directors or shareholders resident in the Channel Islands, Isle of Man or Gibraltar.
- cash takings must not exceed 20% of the annual turnover.
Please review our important information
Please take some time to review the following documents as we will ask you to confirm you’ve read these as part of the application form. These documents can be downloaded and saved to your computer for future reference.
How your information might be used
It's important for you to understand how we use and share your information. Please read our privacy notice for details on how we use your information and your rights.