Notice Accounts
Grow your savings with terms to suit your business needs. Give us notice to withdraw your money.
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The interest rates shown in the table are variable.
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.
AER1
GROSS p.a.2
Notice period
AER1
2.17%
GROSS p.a.2
2.15%
Notice period
32 days’ notice required to make withdrawal or close the account
AER1
3.06%
GROSS p.a.2
3.01%
Notice period
95 days’ notice required to make a withdrawal or close the account
Interest rates stated above are available as at 21/03/2025 and expire on 08/05/2025 but may be subject to change.
Product is a managed rate set by Bank of Scotland and is subject to change.
1AER – The 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’ll be able to compare more easily what return you can expect from your savings over time.
2Gross Rate – 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.
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For clients with an annual turnover of up to £25m
32 Day Notice Account product information factsheet (PDF, 184 KB)
95 Day Notice Account product information factsheet (PDF, 147 KB)
General terms and conditions
Product Terms for Deposit Accounts (PDF, 374 KB)
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.