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Harrods Bank
 

A versatile, interest earning business deposit account, which requires an opening deposit of just £1 and which enables business customers to withdraw funds on demand, with neither transaction fee nor notice period.

With a minimum opening deposit of just £1, and no notice period required in order to make withdrawals, our Business Call Deposit Account provides a flexible, interest earning account in which to hold modest levels of cash, or cash which the business would not wish to place out of reach for any period of time.

The account pays interest on all cleared balances of £1 or more. To view an up to date breakdown of the rates of interest paid on this account click here.
 
Account Name Business Call Deposit Account
Interest Rates Interest rates payable – variable.
Interest paid quarterly on cleared balances above £1.
Please see our current Credit Interest Rates for Customers.
Tax Status Interest is paid at the Gross rate without deducting any tax. Any interest earned will count towards your Personal Savings Allowance and you will be responsible for paying any tax due on interest credited to your account. Please refer to HMRC for further details.
Conditions for Bonus Payment No bonus payment.
Withdrawal Arrangements No notice period.
Access Cash at counter - Harrods Bank Ltd.
By arrangement - postal or telephone request.
 
Interest is posted to the account quarterly, and statements issued quarterly.
Customers must be a minimum of 18 years of age to open a Business Call Deposit Account.
See a summary of all our business accounts with the key product facts - please click here