Start saving from just £1 and make unlimited deposits up to a total of £1,000,000. UBL UK offers 90 Day Personal Notice Account and free withdrawals provided the required notice is given. Charges will apply for withdrawals without the required notice being provided.
It is a variable interest rate, with the rate as at 25.09.2023 shown below:
PERSONAL NOTICE ACCOUNTS |
|
ACCOUNT TYPE |
INTEREST RATE (AER) |
90 Day Notice |
3.81% |
Interest is calculated daily and credited twice a year in June and December in your Notice Account.
Yes.
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.
Below is an example of what the future balance may be after interest has been paid.
PERSONAL NOTICE ACCOUNT |
|||
ACCOUNT TYPE |
DEPOSIT |
INTEREST RATE (AER) |
BALANCE AFTER 12 MONTHS |
90 Day Notice | £2,000 | 3.81% | £2,076.20 |
Assumptions taken for the above calculations:
This estimate is for illustrative purposes only and does not take into account individual circumstances.
You must be;
Download the Application Form and complete and return it:
*You may issue notice to withdraw by sending a Secure Message through the internet or mobile banking.
Withdrawals can be made by giving the required notice.
PERSONAL NOTICE ACCOUNTS |
|
ACCOUNT TYPE |
EARLY WITHDRAWAL CHARGE |
90 Day Notice |
90 days’ gross interest |
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 all Personal Notice Accounts. 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 is your responsibility to pay any tax you may owe to HM Revenue & Customs (HMRC) or any applicable Tax Authority.
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.