40 Day Notice Account
Choose how much you want to save
- Interest paid directly into your account every quarter
- Only 40 days notice required for withdrawals for Yorkshire Bank accounts
- Minimum deposit of £500
- Withdrawals made without giving us 40 days notice will be subject to a charge
The 40 day Notice Account pays interest every quarter and all you need is a minimum deposit of £500 to open it. After that you can save as much as you like and when you need to withdraw your savings just give 40 days notice.
Withdrawals made without giving us 40 days notice will be subject to a charge and must be for the whole balance in the account including any accrued interest. The account must then be closed.
The charge will be equivalent to 40 days gross interest (which would have been earned on the balance on the Account on the withdrawal date) or a minimum charge of £30, whichever is greater.
To find out more:
- Call into your nearest branch or call 0845 606 4477
- If you’re an existing Business customer, contact your Business Manager
- Existing Business Direct customers, call 0845 606 4477
What you get
Benefits of the Notice Account
- Interest paid directly into your account every quarter
- Only 40 days notice required for withdrawals for Yorkshire Bank accounts
- £500 minimum deposit to open an account
The 40 Day Notice Account pays interest on the last business day of every quarter and all you need is a minimum deposit of £500. Once it’s open, you can deposit lump sums or make regular payments. Withdrawals transferred via an external account will normally take 3 additional working days but if you have a Yorkshire Bank account, the money can be transferred on the 40th day.