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Bank of Scotland has been consistently beating the printed* standard business deposit rates offered by HSBC, The Royal Bank of Scotland, NatWest, Lloyds TSB, Clydesdale Bank and Barclays.
Our Deposit products offer a wide range of options available when you are considering investment options for your clients' funds, providing you with the confidence that your clients' funds will consistently work harder to deliver.
Manage multiple client accounts with ease
CLIENT BANKING provides insurance companies, solicitors and other holders of clients' funds with our sophisticated i|SITE service. This is a real-time online cash management facility that allows you to manage clients' accounts securely within Bank of Scotland's own mainframe computer system.
- Secure, two-way communication between users and the Bank for all transactions
- Easy to open, close and administer accounts
- The ability to earn additional revenue as a 'money-manager'
- Ability to customise interest rates payable on client accounts
- A full suite of reports helps you keep track of all accounts
- The system interfaces with your own back office systems for ease of use
Find out more about i|SITE. (opens new window)
Opportunity for high returns with instant access
CORPORATE BONUS ACCOUNT ensures that the longer funds are left untouched in this account (apart from making deposits) the more your client can earn. This account is a good way to enhance client returns without necessarily affecting their current banking relationships.
- Same day access
- Minimum deposit £1, no maximum deposit
- Rates linked to Bank of Scotland Base Rate
- Interest calculated daily and paid monthly
The simple way to money market returns
GUARANTEED FIXED DEPOSIT is based on the money market rather than base rate, opening up a whole new investment opportunity for your clients' funds.
- You and your client decide the most appropriate investment term between 1 and 12 months. The rate is then fixed and guaranteed throughout**
- Minimum deposit £50,000
- Interest paid gross at maturity
Find out how much interest your clients' funds could earn.
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Attractive rates for pension fund cash
PENSION FUND CHEQUE ACCOUNT eases the management of your clients' pension fund bank account, offering attractive rates paid monthly or annually.
If you manage pension fund cash or a large number of accounts on behalf of clients then we can help you save time, money and trouble.
- Commission payments to pension professionals and regulated introducers
- Normal account transactions free of charge
- A named Relationship Manager can be available if required
* Source: Business Moneyfacts monthly magazine. Our reference product is Corporate Bonus Account which will pay a higher interest rate than those offered by the other banks noted. Interest rates will be reviewed on or around the 24 day of each calendar month and any changes required following internal review or competitor action will become effective on the Bank of England Base Rate review day of the next calendar month plus one. Guarantee applicable for the first 12 months from account opening.
** Withdrawals are not permitted before maturity. In exceptional circumstance you may be allowed to break the agreement but you will be liable for any losses and costs incurred by the Bank.
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