For business customers making a minimum initial deposit of £5,000, and agreeable to a 35 day withdrawal notice period, our Business High Value Deposit Account offers competitive rates of interest on balances in excess of £5,000. Higher balances attract even more competitive interest rates.
Our Business High Value Deposit Account provides business customers wishing to make an initial deposit of £5,000 or more, and able to agree to a 35 day notice period for making withdrawals, with attractive rates of interest on cleared balances.
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
. The account’s preferential interest rates are paid only on balances of £5,000 and up, however. Balances below £5,000 attract interest at the same rate paid on our Call Deposit Account.
Interest is posted to the account quarterly and statements are issued quarterly. There is no fee to withdraw funds. However a penalty payment equivalent to 35 days interest will be applied if funds are withdrawn without the required notice.
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 High Value Deposit Account.
See a summary of all our business accounts with the key product facts - please click here