
Close Brothers Limited
TREASURY .DIVISION
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Notice Deposit AccountsWe offer a number of notice deposit accounts offering higher rates of interest in return for a range of specified notice periods. For smaller deposits our 7 days notice Crystal account is an ideal solution, as it pays 0.5% below Base Rate for £5,000 plus. We offer 14 day and 30 day Notice Deposit Accounts as well as periods of 3 months, six months and one year. Repayment instructions can be made by telephone, and subject to a £5,000 minimum and appropriate notice, there are no repayment penalties. Repayments are made direct your clearing bank account and interest is paid twice yearly, 1st January and 1st July on Crystal and 14 days notice accounts, and 1st July annually on all other notice accounts. Lower Rate Tax is deducted from interest paid where applicable. Monthly account statements are issued. Close Brothers Treasury provides a flexible and friendly money market deposit service offering highly competitive rates and free CHAPS repayments to your local bank account. Close Brothers Treasury Services is part of Close Brothers Group plc - the UK's largest quoted independent merchant banking group. Founded in 1878, Close Brothers is now amongst the 200 largest companies by market capitalisation and is listed on the London Stock Exchange. Close Brothers Limited, the bank, is an authorised institution under the Banking Act, 1987 and is a wholly owned subsidiary of Close Brothers Group plc. The Group's major shareholders are large financial institutions many of whom have supported us for up to 40 years. We are active in the money markets on a daily basis and are dedicated to giving our depositors excellent rates of interest and a high quality of service, particularly for all notice deposit accounts. |
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www.money-market-deposits.co.uk