For business customers wishing to deposit a specific sum for a specified term of their choosing, our Business Fixed Term Deposit Account offers attractive, individually calculated rates of interest.
For business customers with a specific sum available to deposit over a fixed term that they wish to specify, our Business Fixed Term Deposit Account provides a bespoke investment option with competitive rates of interest which are optimised on an individual basis for the deposit and term in question.
The account assures the business of knowing precisely how much interest will be earned.
The Business Fixed Term Deposit Account may contain only a single, initial credit, of a minimum of £5,000, after which no further credits can be added. Interest is posted at maturity, when a statement is also issued. The capital must remain in the account until the maturity date, otherwise no interest is paid.
There is no fee payable for withdrawing cash on maturity of the account.
Customers must be a minimum of 18 years of age to open a Business Fixed term Deposit Account.
See a summary of all our business accounts with the key product facts - please click here