3.75% annual interest rate* on balances £1,000+.
Interest is paid annually on the anniversary of account opening.
(*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 fixed for the 2 year term. The Society does not have the right to change this interest rate during the 2 year term.
If you were to open this account with £1,000 and no further deposits or withdrawals were made you would earn £37.50 interest each year. If you choose to have interest compounded, this would result in a total balance of £1,076.41 at the end of the term, this is due to earning interest on your interest each year.
Please note this is an illustration only and does not reflect your specific circumstances.
This account is available to new and existing corporate bodies registered in the UK.
You may open this account via the online service, at any of our branches or via post. If you would like to open this account via post, please download and complete the application form and return it to us. The application form can be found here
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.
£1,000,000.
£1,000,000.
No withdrawal or account closure is permitted during the 2 year term following account opening.
At the end of the 2 year term, you can invest in another account with the Society or withdraw your money. Prior to your account maturing, we will provide you with details of other accounts available. If you do not tell us what you would like to do with the funds, your funds will be transferred into the default maturity account that is available at the time of maturity, but you may not receive the same interest rate.
No further deposits may be made during the term once the initial investment has been made.
A corporate body is able to enter in its’ own right into legal agreements and can often be identified by ‘Ltd’, ‘Plc’ or ‘Incorporated’ being included in the company title. If the company is a corporate body, it will have registered by a legal process, for example with Companies House. Account holders do not have membership or voting rights.
Please confirm that you have read the below documents by ticking the box to the left. You can print these documents if you would like to retain a paper copy for your records.
Once you have filled out your application form, print it out and send it to Dudley Building Society, 7 Harbour Buildings, The Waterfront, Brierley Hill. DY5 1LN.
If you wish to open your account by cheque please ensure you enclose your deposit.
If you wish to find out more information or get support with your application, contact our friendly Customer Service team.
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