Keep client cash on your platform
Give clients competitive, protected cash deposits alongside their investments, inside your platform and under your brand, without the cost and regulatory weight of running banking yourself.
The problem with idle depositsClients hold cash. Most of it earns little and sits somewhere you cannot see.
Client cash is a blind spot for most platforms. It sits off-platform in external savings accounts, outside your reporting and your advice process. Clients expect their platform to put that money to work. If it does not, they move it to a bank that will. Building a savings proposition in-house means bank agreements, FSCS mechanics, segregated account operations and a multi-year build.
- Cash leaves the platform for external savings accounts, taking deposits and visibility with it
- FSCS protection is capped at £120,000 per eligible depositor, per banking licence
- Running segregated client accounts to the required standard is a serious operational commitment
- Launching a competitive savings range needs a panel of banks and the rates to match
How Bondsmith helps
Keep clients on-platform
Offer savings inside your existing experience and keep balances and the relationship on your platform.
Protection across the panel
Spread client deposits across our bank panel, with separate FSCS eligibility at each bank. For single large balances, the Bank Deposit Sweep does this inside one account.
Reporting that fits
Positions, interest and movements feed into the reporting and statements your clients already see, through the API or the white-label front end.
White-labelled end to end
Clients see your brand throughout, and the platform can sit behind your single sign-on (SSO).
Operations handled
Onboarding, AML/KYC, money movement, reconciliation and reporting, all run for you.
Competitive rates
Access a curated panel of banks competing for deposits, so clients get rates that stand up.
What you can offer clients
Easy-access savings
A flexible option for deposits clients may need at short notice, still earning competitive interest.
Notice & fixed terms
Better rates on balances clients can commit for a set period, laddered across the panel.
Cash ISA
A Cash ISA alongside your Stocks and Shares ISA, with the same bank panel and the same reporting.
Corporate & charity clients
Serve business and charity clients seeking competitive, protected deposits.
Larger balances
The Bank Deposit Sweep spreads a single large balance across three banks from one account, with FSCS eligibility at each. Use it where a client wants one account rather than a marketplace.
Deposits for decumulation
Protected, competitive deposits for clients drawing an income in retirement.
Launch a Cash ISA in weeks
Bondsmith acts as ISA manager and delivers a flexible Cash ISA under your brand, either as a single swept account or across a panel of banks, white-label or through the API. Transfers in, allowance tracking and HMRC reporting are all handled.
Keep cash inside your proposition instead of watching it leave for a bank’s ISA.
- Flexible ISA
- Transfers in
- Bondsmith is ISA manager
- Live in weeks
Contact our team
Tell us about your platform and your clients. Fill in the contact form and we will get back to you promptly.