Aimed At
Private individuals, clubs, Trusts, charities and all business clients with more than £50,000 to invest, who are able to tie up their funds for fixed periods of between 1 and 12 months.
Benefits
The facility is linked to money market rates, and therefore clients are likely to benefit from higher interest rates, when committing their funds for a fixed period. This facility is also offered as part of our offering for Pension clients and Trust account customers. It is possible to arrange maturity of deposits on a specific date, if required. All interest is paid gross, and a rate will be agreed for each individual deposit.
Overview of the Qualifying Time Deposit
All accounts opened will be provided with a confirmation of the deposit, which will include details of the amount of interest which will be earned. The deposit is placed for an agreed fixed period, with no provision for early repayment, or part repayment.
Click here for Qualifying Time Deposit Terms and Conditions
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