Fixed Term Deposit Account

Our Fixed Term Deposit Accounts offer our premium rates of interest and are available in most major currencies including sterling, euro and US dollar. We will quote you a fixed rate of interest for your chosen term and once accepted by you, we will place your funds. As the rate is fixed you will have the benefit of knowing what interest return you will receive at maturity of your funds. At the end of the fixed term we will automatically renew your funds over a similar fixed term at the applicable rate on the day, unless other prior instruction is provided. Instructions can be accepted by letter, or by telephone or fax on completion of separate indemnities (a quarterly charge applies to the fax facility).

Key benefits of our Fixed Term Deposit Account

• You can place funds at a fixed interest rate return over any fixed period agreed with the Bank
• Depending on the size of your deposit you can select a short, medium or longer term. You will know what the interest return is at the start of the fixed period, helping you to plan for the future
• Available in most major currencies including sterling, euro and US dollar
• Capital and income facilities - accounts may be set up with capital and interest maintained separately to assist with income and tax planning situations
• At maturity, the deposit can be automatically renewed for a similar fixed period
• Access to foreign exchange dealing services allows you to change the currency of your matured funds at your convenience

Additional information for consideration

Please note a minimum deposit requirement applies (contact us for details). Your deposit and interest rate is fixed for the chosen term and interest is paid on maturity at the end of the term. If you are likely to require access to the funds you deposit before maturity this account will not be suitable for you. The Bank may agree to a withdrawal of your deposit before the maturity date and an interest penalty and breakage fees will apply. Please see Fees and Charges for further details.

To apply to open an account and to view our Terms and Conditions and Fees and Charges, please click the Apply link above. If you would like to find out more or obtain up to date interest rates please click Contact us.

Important Legal Information

Please ensure you read our important Legal Information by clicking on the Legal & Regulatory link at the foot of this page.