Business Savings & Investment
Make Your Money Work For You
We offer business savings accounts to fit your unique business needs. We're committed to making your money work for you and your business.
Business Savings Account Comparison Chart
| |
Business Savings |
Business Money Market
|
| Opening Deposit Amount |
£100 |
£2,500 |
| Minimum Required Balance |
£100
|
£2,500
|
| Below Minimum Balance Fee |
£5/month when daily balance falls below minimum at any time during the statement cycle
|
£10/month when daily balance falls below minimum at any time during the statement cycle
|
| Withdrawals Allowed |
Total of 6 transfers and withdrawals per month
|
Total of 6 transfers and withdrawals per month |
| Excess Withdrawal Fee |
£5 per excess withdrawal
|
£5 per excess withdrawal
|
| Interest-Bearing |
Daily Balance
Credited Monthly; No interest will be earned when the daily balance falls below minimum at any time during the statement cycle.
|
Average Daily Balance
Tiered rates based on minimum average daily balance.
Credited Monthly; no interest will be earned when the average daily balance falls below minimum at any time during the statement cycle.
|
|
Online Banking
Enhanced Features priced separately
|
FREE
|
FREE
|
| Mobile Banking |
FREE
|
FREE
|
| OnCall Telephone Banking |
FREE
|
FREE
|
| Text Banking |
FREE
|
FREE
|
| Statement Images |
N/A
|
Yes |
| Statements |
E-Statements Required
£5/month for each paper statement requested
|
E-Statement
Enroll in E-Statements to receive a one-time £10 credit (3-month enrollment required),
or receive one complimentary paper statement per month upon request. (£5/month for each additional statement requested.)
|
