A savings account with electronic banking convenience of monitoring the growth of your funds.
So start saving to build up some funds for your future.
|Required initial deposit||£5,000.00|
|Required Average Daily Balance (ADB)||£5,000.00|
|Required Daily Balance to Earn Interest||£5,000.00|
|Tax on interest rate||Effective 06 April 2016, BPI Europe Plc no longer withholds taxes on interest paid on savings and time deposits. Please consult HMRC website for guidance on this subject matter.|
|Interest Payment||Interest is calculated daily based on end of day account balances and credited monthly. No interest will be paid out in the event that you close your account before the date of credit.|
|Accessing your money||a) To deposit
|b) To withdraw cash
|c) To access your account
|What's not included||
|Account fees and Charges||These charges and interest rates are variable and we reserve the right to amend them from time to time.
Fee information, please see link https://www.bpiexpressonline.com/p/1/1603/bank-service-fees
|Gentle Reminder||For certain types of transactions, in compliance with Anti-Money Laundering Regulations, additional documents on proofs of source of fund and purpose of deposit will be requested before processing your pay in transfer.|
|Deposit Protection||The Financial Services Compensation Scheme (FSCS) can pay compensation to depositors if a bank is unable to meet its financial obligations. From 30 January 2017, the FSCS will protect most eligible deposits up to a total of £85,000.00. Any deposits you have above the limit are unlikely to be covered.|