Treasury Fixed Term Deposit
Get the most from your money
Maximise the returns on surplus funds with this business banking solution. Treasury Fixed Term Deposits from Yorkshire Bank enable you to earn a higher income from funds in excess of £250,000. Enjoy flexibility, security and attractive guaranteed interest rates for a period that suits you.
- Choice of fixed terms to suit your needs
- Certainty of a fixed deposit amount, term and interest rate
- Gain security with a guaranteed return payable at maturity of fixed term
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
More Benefits
- Personal attention – Business Manager or Business Advisor who can make fast decisions
- Saving – maximise returns with an attractive interest rate on your funds
Further Features
- Tailored interest rate dependent on size and term of deposit
- Unlimited deposit amounts, minimum deposit of £250,000
- Interest accrued daily and paid on maturity of term
- Automatic rollover
- Clear audit trail
- Fixed interest rate for the term of the deposit
- Penalty fee for early withdrawal
Complementary Solutions
Important Information
- Interest
- Rates are available on request from your Business Manager or Business Advisor
- Fixed for the agreed term of deposit
- Calculated on the daily balance
- Will be paid on maturity of the term
- Access to funds
- Only one withdrawal can be made for the whole balance of the account at maturity
- No early withdrawals are allowed
- Minimum/maximum deposit
- Minimum - £250,000
- Maximum – unlimited
- Alternative option – Business Term Deposit
- No charges for set-up
- Terms and conditions
- Cut-off times apply – if instructions are not received within the timescales as per terms and conditions, the capital and interest will be reinvested for a further fixed term
- Early repayment will be at the Bank’s discretion and may incur a cost
- Full terms and conditions are available on request
Terms and Conditions apply. All facilities are subject to status and applicants must be aged 18 or over.
We are covered by the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and circumstances of the claim.
Further details of the scheme are available from us on request or from the Financial Services Compensation Scheme www.fscs.org.uk or in writing from the Financial Services Compensation Scheme, 7th Floor , Lloyds Chambers, 1 Portsoken Street, London E1 8BN.
Clydesdale Bank and Yorkshire Bank are trading names of Clydesdale Bank PLC. As both banks are part of the one and same authorised entity the FSCS compensation limit applies to deposits held across both brands.