Business Sterling Savings Account

Interest Rate (AER/Gross) 3.00%

Interest is calculated daily and credited twice a year in June and December into your Sterling Savings 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 bank rate changes. We’ll always let you know of any planned changes to the rate.

A deposit of £40,000 will generate an estimated balance of £41,200.00

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 rates
• Interest paid annually

You must be;

• Aged 18 or over
• Have proof of identity
• There is no minimum or maximum balance

This account can be held in single or joint names.

Some business transactions will incur a fee, the fees attributed to this Account can be found in the Business Banking Schedule of Charges

The Account can be opened by Sole Proprietors, Limited Liability Partnerships, Trusts and Limited Companies.