Product Information

• Instant Access
• Notice Accounts
• Short Term Fixed
• Long Term Fixed

Products

• Instant Access Account
• 35 Day Notice Accounts
• Short Term Fixed Deposit Account
• Long Term Fixed Deposit Account

Product Notes

Interest

• Interest is paid gross and accrues daily on cleared funds.
• The Gross Rate of interest is the contractual rate paid to you without deduction of tax.
• All interest is taxable and should be disclosed to your tax authority.
• The bank is required to disclose all interest paid to EU residents to the appropriate tax authorities

Withdrawals

• Subject to your account’s terms and conditions, withdrawals payable to you can be issued from your account by FASTER PAYMENTS (free), CHAPS (our charge £30) and International SWIFT payment (our charge £45). We do not issue payments by cheque.
• The FASTER PAYMENTS method is only available for amounts of up to £100,000 remitted within the Sterling area (Isle of Man, United Kingdom, Channel Islands and Gibraltar). Payments of over £100,000 will need to be remitted by CHAPS (please see above)
• International payments may take several days to reach their destination due to delays resulting from differences in time zones and the number of correspondent banks involved in the payment.
• We regret that payments to third parties are not permitted