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Cash savings products provided by Standard Life Bank plc, a division of the Barclays Group.

Direct access accounts for your business


Introduction

Easy access to your money

If you want to be able to access your business savings at short notice, then our direct access savings accounts are just for you.

  • Earn an even higher rate of interest in return for transacting online.
  • Tiered interest rates mean the more you save, the more you earn.

We have 2 different accounts for you to choose from:

  Interest rates (AERs) Notice required Access to money
Premium Direct Access Account
Tiered rates from 1.37% - 1.77%
variable gross pa/AER.
See all rates
No notice period applies when making withdrawals Online banking and limited telephone banking (limited to 3 telephone withdrawals per year)
Direct Access Account Tiered rates from 0.80% - 1.05
variable gross pa/AER.
See all rates
No notice period applies when making withdrawals Online banking and unlimited telephone banking


The Facts

  • Rates correct as at 12 March 2009, subject to variation.
  • Withdrawals made by electronic transfer via your external account will normally take three working days to clear. In exceptional cases, we may permit same day withdrawals, the current fee for this service is £28.
  • Account holders must be over the age of 16 and resident (and in the case of a limited company, incorporated) in the UK at the time of opening an account.
  • Business accounts opened by registered or recognised charities, occupational pension scheme trustees, limited companies, clubs and societies may have interest paid gross.
  • If you make more than three telephone withdrawals per year with Premium Accounts there is an Excess Telephone Charge of £50.
  • Gross means the rate of interest paid without the deduction of tax, if applicable.
  • AER means Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
  • The interest payable in relation to savings accounts depends on the individual circumstances of each customer and may be subject to change in the future.
  • For all accounts, you can choose whether interest is to be paid monthly or yearly.
  • Standard Life Cash Savings savings accounts are covered by the Financial Services Compensation Scheme

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Standard Life Bank plc, registered in Scotland (SC173685), Standard Life House, 30 Lothian Road, Edinburgh EH1 2DH. Authorised and regulated by the Financial Services Authority. Standard Life Bank plc is a division of the Barclays Group. Calls may be recorded/monitored. Calls from BT landlines will cost a maximum of 5p per minute. The price of calls from other networks may vary.

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