Fixed term accounts
Fixed rate of interest for a fixed period of time
Over 18s only. Terms and conditions apply.
For administration purposes, you are required to open a servicing account with us in the same name as the deposit. The servicing account will be used for the processing of funds placed on and maturing from the deposit, together with interest due. If you already operate an instant access account (i.e. an account that does not require notice of withdrawal) with us in the same name as the deposit, this can be used as the servicing account. You will not incur any additional charges for using your instant access account as a feeder account.
If you do not operate an instant access account with the Bank in the same name as the deposit, you are required to open an alternative servicing account i.e. a Business Service Account. You are not required to use the Business Service Account for purposes other than processing your deposit. There are no charges to the Business Service account as outlined within the Business Banking Terms & Conditions below.