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Partial Withdrawal Fixed Term Deposit

A term deposit which gives you the fixed interest rate benefits of a 12 month term, but gives you the peace of mind that during the term, you can access 20% of your funds if you need it.

  • Fixed for a 12 month term only.
  • Fixed interest rates associated with a 12 month term deposit account.
  • Gives you the option to access the partial withdrawal amount which is 20%* of the funds, at just 32 days notice during the overall term. This means that prior to maturity you will only be able to access the partial withdrawal amount.
  • Minimum opening balance £100,000 and maximum balance typically £5 million.
  • The interest rate is fixed for the whole period. It is paid gross and can be paid into your business account at the end of the term
  • No additional funds can be added once opened.

* If necessary, you can access 20% of the deposit. This must be taken as the full 20% of the total balance and can only be taken once during the term.

For interest rate information, please call our specialist Treasury team on 0845 604 5539.

New Customers
Call us on 0845 606 0286 quoting 'COMMERCIAL' to arrange opening an account.

Existing customers
By contacting your Relationship Manager or Treasury on 0845 604 5539.

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Bank of Scotland plc is covered by the Financial Services Compensation Scheme and the Financial Ombudsman Service. (Please note that due to the schemes' eligibility criteria not all Bank of Scotland business customers will be covered by these schemes.)

Bank of Scotland plc is covered by the Financial Services Compensation Scheme and the Financial Ombudsman Service. (Please note that due to the schemes' eligibility criteria not all Bank of Scotland business customers will be covered by these schemes.)

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