35 Day Personal Notice Account

Competitive rates and flexibility

Our 35 Day Notice Account offers attractive rates of interest combined with the flexibility to withdraw your funds by giving the relevant notice, keeping you in total control of your personal finances. If you can be sure that you are able to give the required notice to access your savings, a Notice Account can offer the ability to earn a greater amount of interest and can help to maximize the returns on your savings.

The key features and benefits of our 35 Day Notice Account are as follows:

  • Interest Rate: 1.00% AER
  • Unlimited number of deposits (up to a maximum balance of £1,000,000)
  • 35 days notice required for withdrawals
  • Member of Financial Services Compensation Scheme (FSCS)
  • Charges apply for withdrawals without required notice. Please refer to the Terms and Conditions of the products for more details
  • Interest rates are variable and subject to change
  • Interest is calculated on a daily basis and paid out twice a year in June and December

This Information Sheet sets out the key information you need to know about your account. It should be read together with the Notice Account Terms and Conditions and forms part of our agreement with you. Please keep it for future reference.

Summary Box - All 35 Day Notice Accounts (Personal Accounts):

Account Name: 35 Day Notice Accounts

It is a variable interest rate, with the rate as at 18 March 2019 shown below:

1.00% AER/Gross p.a.

Interest is calculated daily and credited twice a year in June and December in your Notice Account.


As this account pays a variable rate of interest, the rate can change over time. For example we might review the interest rate if the Bank of England base rate changes. We'll always let you know of any planned changes to the rate.

A two months' notice period will be given for all variable interest rate changes.

A deposit of £1,000 at an annual Gross rate of 1.00% would generate an estimated balance of £1,010.00 after 12 months

This estimate is for illustrative purposes only and do not take into account individual circumstances.

Assumptions taken for above calculations;

  • No change in the amount (no deposits, no withdrawals)
  • No change to the variable interest rate
  • Interest payment twice a year


You must be;

  • Aged 18 or over

Minimum/Maximum Balance:

  • The minimum interest earning balance is £1. The maximum interest earning balance is £1,000,000

How to open the account:

To apply for any of our Notice Accounts, simply download the Application Form, fill it out, and return it to; UBL Central Operations, 391-393 Stratford Road, Birmingham, B11 4JZ . Alternatively, you can contact our call centre on +44 (0)121 753 6000 for more information or you can visit us In Branch to apply.

How to manage the account:

  • In Branch
  • Via post
  • UBL Net Banking (account operation limited to viewing only)

Withdrawals can be made by giving 35 days' notice.

If you wish to withdraw money from your 35 Day Notice Account without giving us the required notice, or before the expiry of the notice period, an Early Withdrawal Charge equivalent to 35 days' gross interest will be applicable to the amount being withdrawn.

If the interest earned on your Notice Account is insufficient then the Early Withdrawal Charge will be deducted from your deposit and accrued interest, which may take your balance below the minimum interest earning balance.

The Early Withdrawal Charge will not be applied in the event of the death of an Account holder (or one of them in case of a Joint Account).

This account can be held in single or joint names.

There is a 14 day cooling off period for the 35 Day Notice Account. If you decide to cancel within the 14 days we will not deduct Early Withdrawal Charges, but you will not be entitled to interest for the number of days your deposit has been with us.

Interest will be paid using the Gross Rate and tax will not be deducted where your interest is exempt.

Gross rate means we won't deduct tax from the interest we pay on money in your account. It's your responsibility to pay any tax you may owe to HM Revenue & Customs (HMRC).

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will include an AER, it makes it easier for you to compare what return you can expect from your savings over time.