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We are making some changes to our Business Deposits Terms & Conditions which will come into effect for existing customers on 25th October 2021.
Effective 25th October 2021 the New Terms & Conditions booklet will be applicable to all existing customers.
If you have an existing Business Fixed Term Deposit Account that matures after the 25th October 2021, you will remain on the existing Terms and Conditions until the maturity date. After this date, if your account rolls over, the new Business Deposit Terms and Conditions will apply. If you do not wish to accept the new terms and conditions you should close your account at maturity.
For more information see our Summary of Changes.
Please note: all Business Deposit accounts have been removed from sale since the 18th December 2020 and can no longer be opened. However, existing customers can continue to operate their account within the Terms and Conditions of the account held. On maturity of a fixed term business deposit account existing customers have the option to reinvest the account to the existing term held at the prevailing interest rate or opt to close the deposit account by providing a signed written instruction as per the terms and conditions of the account.
If you have further questions check out our FAQs.