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Business Savings


 

Our business savings accounts have been designed to assist businesses maximise their returns on any surplus capital.

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Top benefits

We have savings accounts for Limited Companies and Partnerships, Pension Scheme Trusts, Charities and Associations and Solicitors and Client Accounts.

Your business clients can choose from our range of Premium Direct Access and 10 or 60 Day Notice Accounts, Fixed Rate Bonds and Direct Access Savings Accounts.

The convenience of online banking.

Highly competitive interest rates.

The facility to operate a number of individual accounts for different purposes such as VAT, staff bonus and special projects.

The ability to "pool" savings balances and potentially earn a higher rate of interest (Pooling is not available on Premium Accounts or Bonds).

The facts

All rates are variable, with the exception of Fixed Rate Bonds.

Minimum deposit £1, except for Bonds for which it is £1,000.

For all accounts, choose whether interest is to be paid monthly or yearly.

Business account holders must be resident (and in the case of limited companies, incorporated) in the UK at the time of opening the account.

For 10/60 Day Notice Accounts we will charge a penalty equal to 10/60 days' gross interest on the amount withdrawn if we do not receive 10/60 days' clear notice of withdrawal.

For Premium Accounts an Excess Telephone Charge of £50 will be charged if more than three withdrawals are made by telephone in any year on a Premium Account.



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