Notice accounts
Grow your savings with terms to suit your business needs. Provide us with notice to withdraw your funds.
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These interest rates apply to Sterling deposits only with a minimum balance of £10,000 and maximum balance of £5m. Interest is calculated and paid to your account daily (unless otherwise agreed). For deposits over £5m or for more information about interest rates in other major currencies, please call us on 0345 604 5539.
Account
Term length
Indicative interest rate GROSS p.a.Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs. Whilst the Gross rate quoted is the annual rate of interest, please note that the duration of your deposit will affect the amount of interest that you are paid.
Indicative interest rate AERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
Account
32 Day Notice Account
Term length
No set term
32 days’ notice required to make withdrawal or close the account
Indicative interest rate GROSS p.a.Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs. Whilst the Gross rate quoted is the annual rate of interest, please note that the duration of your deposit will affect the amount of interest that you are paid.
Managed Rate 2.60% (variable)
Indicative interest rate AERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
Managed Rate 2.63% (variable)
Account
95 Day Notice Account
Term length
No set term
95 days’ notice required to make a withdrawal or close the account
Indicative interest rate GROSS p.a.Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs. Whilst the Gross rate quoted is the annual rate of interest, please note that the duration of your deposit will affect the amount of interest that you are paid.
Managed Rate 2.95% (variable)
Indicative interest rate AERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
Managed Rate 2.99% (variable)
Interest rates stated above are available as at 03/11/2023 and expire on 14/12/2023 but may be subject to change.
Product is a managed rate set by Bank of Scotland and is subject to change.
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For clients with an annual turnover of up to £25m
32 Day Notice Account product information factsheet (PDF, 184KB)
95 Day Notice Account product information factsheet (PDF, 147KB)
General terms and conditions
Commercial Banking Markets General Terms of Business (PDF, 111KB)
Commercial Banking Markets Deposit Terms and Conditions (PDF, 111KB)
Make sure you understand the small print.
Financial Services Compensation Scheme
Eligible deposits with Bank of Scotland plc are protected up to a total of £85,000. Due to FSCS eligibility criteria not all business customers will be covered.
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.