Step 1: Complete your application form
Review the account details below, then download, print and complete the Unincorporated Bodies Application Form.
3.10% annual interest rate* excluding bonus on £1,000+
3.55% annual interest rate* including bonus on £1,000+.
Interest is paid annually on the anniversary of account opening.
Excluding Bonus interest is paid annually on anniversary date. Including Bonus interest is paid annually on anniversary date subject to no more than 1 withdrawals within year and minimum balance being held.
(*AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year)
The interest rate on this account is variable and the Society may make changes to this rate at any time. We will notify you of any changes in accordance with the Terms & Conditions.
Excluding Bonus: If you were to open this account with £1,000 and no further deposits or withdrawals were made you would earn £31.00 interest. This would result in a total balance of £1,031.00.
Including Bonus: If you were to open this account with £1,000 and no further deposits or withdrawals were made you would earn £35.50 interest. This would result in a total balance of £1,035.50.
Please note this is an illustration only and does not reflect your specific circumstances.
This account is available to new and existing unincorporated customers based in the UK.
Only one account per person can be opened.
You may open your account at any one of our branches or via post.
Any queries regarding your account can be dealt with via branch, email or telephone. Instructions on your account are required in person, at branch or in writing.
£1,000.
£500,000.
£500,000.
Instant access withdrawals are permitted with this account, however, only a maximum of 1 withdrawals are permitted within a 12 month period, which will start from the date the account was opened. If more than 1 withdrawals are placed within this 12 month period, the bonus shall be lost. A minimum balance of £1,000 must be maintained in the account to be eligible for the bonus. If balance falls below this amount, the account must be closed.
Additional investments are permitted.
If the account is closed before the anniversary date – no bonus will be paid.
Unincorporated bodies could be Partnerships, Sole Traders, Clubs and Associations. If one partner is a corporate body e.g. LLP or PLC then they can only open a Corporate or Deposit account.