Our Fixed Term Deposits (FTDs) give you very attractive rates of interest, offering security, commercial advantage and peace of mind.If you’re looking for competitive, fixed-term deposits for your Business or Trust account, we currently offer a range of investment terms and options.
For GBP deposits, we offer:
|GBP Fixed Term Deposit||AER|
Refer to Interest Rate Sheet for Gross Rates on different interest payment options.
For USD deposits, we offer the following terms
|$25,000 - $1,000,000|
Please contact us for interest rates for deposits above US $1,000,000/-
The minimum balance requirement for new deposits is $25,000. The existing fixed deposits with balance less than $25,000 will also be offered the above interest rate for chosen term.
|Term of Deposit||Penalty Charges|
|1 Month||15 days gross interest|
|3 Months||30 days gross interest|
|6 Month||60 days gross interest|
|1 Year||90 days gross interest|
|2 Year||180 days gross interest|
|3 Year||270 days gross interest|
|5 Year||365 days gross interest|
|7 Year||730 days gross interest|
In order to be eligible for one of our Business Fixed Deposit Accounts, your business must:
Please refer to Required Documents at the end of this page for a list of documents required to open a Business Account.
To apply for one of our Fixed Deposit Accounts, simply download the relevant form from this page, fill it out, and return it to one of our branches. Alternatively, you can contact our call centre at 0800 218 22 66.
To help you in your product selection, you may find the following definitions useful: