Savings products provided by Standard Life Bank plc.
Direct access accounts for your business
If you require easy access to your business savings, then our direct access savings accounts are just for you.
Choose between our:
Premium Direct Access Savings Account
Greater interest for your business.
Our Premium Account offers you an even higher rate of interest for your business savings in return for transacting online.
- earn competitive rates up to 4.55% variable gross pa/AER
- simply log on to deposit, withdraw or transfer funds whenever you want
- make up to three telephone withdrawals per year without charge
- transactions take just three working days
- minimum deposit of £1 and the maximum of £10 million
Next steps
> View our all savings rates
> Read our questions and answers
> Ready to apply?
Direct Access Savings Account
Easy access to your money.
Our Direct Access Savings Account is suitable for those who want to have access to their money at short notice.
- earn competitive rates up to 3.83% variable gross pa/AER
- withdrawals take just three working days
- minimum deposit of £1 and the maximum of £10 million
- interest rates are tiered, so the more you can save, the more you'll earn
- easy access to your account by phone or online
Next steps
> View our all savings rates
> Read our questions and answers
> Ready to apply?
The Facts
- Rates correct as at 17 April 2008, 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.
- For all accounts, you can choose whether interest is to be paid monthly or yearly.
- Standard Life Bank savings accounts are covered by the Financial Services Compensation Scheme
