Notice Term | Gross Annual Interest | AER* |
---|---|---|
35 Day Term | 0.75% | 0.75% |
* AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once
* The account is not for the placing of client assets by asset management companies or investment firms that are subject to client money rules under CASS 5 in the FCA Handbook
We offer three types of Notice Accounts:
The eligibility criteria for opening a Notice Account includes the following:
Please note that business and individual identities and addresses will be checked as per KYC/AML rules. This is as an essential requirement for opening any bank account in the UK. To make this process as easy as possible for our customers, we make these checks by using several electronic databases. In some cases, we may ask you for additional documentation to support this process.
No. These accounts are available for both existing as well as new customers.