17 August 2017 : 

Home / Savings Accounts / Nationwide Business 12 Month Deposit Account

Nationwide Business 12 Month Deposit Account

Nationwide Business 12 Month Deposit Account
  • 0.75% AER
  • Interest Paid Yearly

Nationwide Business 12 Month Deposit Account

Nationwide Business 12 Month Deposit Account is designed for SME businesses who wish to earn a good rate of return on established balances. 

Key features of this savings account

  • 0.75% AER
  • Pay in from £10,000 up to £10,000,000 (single deposit)
  • Earn interest, which will be added to your balance when the fixed term ends and your account matures
  • Manage your account by post, fax or a signed PDF instruction attached to an email

Acceptance criteria

  • To open this account you must be a:
    • a) Privately or publicly owned limited company incorporated in the UK;
    • b) Charity registered in the UK;
    • c) Unincorporated body (e.g. Club, Parish Council) based in the UK;
    • d) UK sole trader/partnership; or an
    • e) Personal and corporate trustees of express trusts created in the UK
    AND
    • Employ up to 250 employees.
    • Have an annual turnover or assets of up to £45 million
    • Are not listed under Nationwides ineligible companies
  • You will need to set up an existing UK based business account as your nominated account. This account must be in the name of your business and able to receive CHAPS payments.


No, withdrawals and further deposits are not allowed for the duration of the term of the account.

Nationwide Contact Details

Telephone Number: 0800 66 55 11 (open Mon-Fri 9am-5pm)

Address: Nationwide Commercial, One Threadneedle Street, London, EC2R 8AW

 

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©2017 compareandsave.com is a trading name of Freedom Marketing Ltd.
Freedom Marketing Ltd is a credit broker, not a lender and is authorised and regulated by the Financial Conduct Authority, firm reference number 493117. This can be checked at http://www.fca.org.uk/register. Registered in England & Wales under registration number 05349340. The company's registered office is Freedom Marketing Limited, Colchester Centre, Hawkins Road, Colchester, Essex, United Kingdom, CO2 8JX.

The offers that appear on this site are from companies from which compareandsave.com receives compensation.

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