Not For Profit Fixed Term Deposit
Guaranteed Fixed Deposit
We'll make sure that essential funds will be optimised through our Guaranteed Fixed Deposit Account. Not only can you open as many accounts as you wish across any number of terms, from 1 to 12 months, but we'll fix the rate for the entire term chosen, for each account. Funds could be staggered for release through simple forecasting techniques, ensuring maximum returns are realised.
Benefits
- Interest based on money market rates
- Guaranteed fixed rates of return
- Choice of deposit term from 1 to 12 months
- Minimum deposit £10,000
- Maximum deposit of £50 million higher amounts accepted at the Bank's discretion
Guaranteed Fixed Deposit
|
Term (months)
|
Interest rate based on a balance of £10,000 and above
|
|
Rate effective on Wednesday, March 17, 2010
|
| 1 |
0.38 % |
| 2 |
0.39 % |
| 3 |
0.52 % |
| 4 |
0.60 % |
| 5 |
0.68 % |
| 6 |
0.76 % |
| 7 |
0.84 % |
| 8 |
0.90 % |
| 9 |
0.98 % |
| 10 |
1.04 % |
| 11 |
1.10 % |
| 12 |
1.17 % |
The rate shown above is only available today and is not available to financial institutions. Due to the nature of the product, we may also need to withdraw the rate quoted above today without notice. If the rate is withdrawn in this way, we will endeavour to publish new rates as soon as possible.
You should note that in order to place a deposit with us, you will need to satisfy the standard account application and customer due diligence processes that apply to the product (if you have not already done so).
To view the account summary table for this product please click here
Prior to maturity, we will contact you regarding your options. Without further instruction funds will automatically roll over to a renewed term.
Withdrawals are not permitted before maturity.
The account described above is only eligible for Not For Profit organisations
Important Information