Fixed Term Bonds

Business 1 Year BondDetails1.25%Gross/AER

Summary box


What is the interest rate?

1.25% Gross/AER

Interest paid on maturity.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Can United Trust Bank change the interest rate?

No the interest rate is fixed for the term of the bond.
Interest is calculated daily using the cleared balance of the account.

How do I open and manage my account?

You can open our accounts by post.
All accounts are accessible by Post or in Branch. Enquiries can be dealt with on the phone. When opening an account you must nominate a bank account from which deposits must be made and to which withdrawals will be sent. All withdrawal instructions must be received in writing.
Minimum deposit – £500
Maximum deposit – £500,000

Can I withdraw money?

Principle and interest may be withdrawn on maturity only. You will be notified within 14 days of the maturity date of the options available to you.

Additional information

Opening the account is subject to our General Terms and Conditions, offers can be withdrawn at any time.
Interest is paid Gross.

Apply by post

 

Notice Accounts

Business 100d – Notice AccountDetails1.10%Gross/AER

Summary box


Account name

Business 100d – Notice Account

What is the interest rate?

1.10% Gross/AER

Interest paid annually on the 31st October.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Can United Trust Bank change the interest rate?

Yes. The interest rate is variable.
Interest is calculated daily using the cleared balance of the account.

How do I open and manage my account?

You can open our accounts by post.
All accounts are accessible by Post or in Branch. Enquiries can be dealt with on the phone. When opening an account you must nominate a bank account from which deposits must be made and to which withdrawals will be sent. All withdrawal instructions must be received in writing.
Minimum deposit – £500
Maximum deposit – £500,000

Can I withdraw money?

100 days notice is required for withdrawals.

Additional information

Opening the account is subject to our General Terms and Conditions, offers can be withdrawn at any time.
Interest is paid Gross.

Apply by post

 

Business 200d – Notice AccountDetails1.25%Gross/AER

Summary box


Account name

Business 200d – Notice Account

What is the interest rate?

1.25% Gross/AER

Interest paid annually on the 31st October.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Can United Trust Bank change the interest rate?

Yes. The interest rate is variable.
Interest is calculated daily using the cleared balance of the account.

How do I open and manage my account?

You can open our accounts by post.
All accounts are accessible by Post or in Branch. Enquiries can be dealt with on the phone. When opening an account you must nominate a bank account from which deposits must be made and to which withdrawals will be sent. All withdrawal instructions must be received in writing.
Minimum deposit – £500
Maximum deposit – £500,000

Can I withdraw money?

200 days notice is required for withdrawals.

Additional information

Opening the account is subject to our General Terms and Conditions, offers can be withdrawn at any time.
Interest is paid Gross.

Apply by post

 

Other Information

Contact Details Tel: 020 7190 5599
Email: deposits@utbank.co.uk
Website: www.utbank.co.uk
Address: One Ropemaker Street, London, EC2Y 9AW
Regulating Bodies Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Open your business account here