|Account name||1 Year Fixed Rate Business Bond|
|What is the interest rate?|| |
|Can Santander change the interest rate?|| |
No, the interest rate is fixed during the term. This is detailed in Condition 18 in our General Terms & Conditions.
|What would the estimated balance be at the end of the term of the account based on a £5,000 deposit?|| |
Estimate assumes that the bond is opened and the deposit made on the 1st of the month and interest earned is paid back to the bond.
This illustration is only an example and doesn't take into account individual circumstances.
|How do I open and manage my account?|| |
To open the account:
Managing the account
At the end of term
|Can I withdraw money?|| |
|Additional information||Tax status |
Full Account details can be found in the Key Facts Document on the Terms and Conditions tab
To open these documents you will need to have Adobe Reader. Download Adobe Reader for free.
For account servicing, call us on 0800 731 6666. Lines open 8am to 9pm Monday to Friday and 8am to 2pm on Saturdays. More on Telephone Banking
Everything you need to know before you apply
We recommend reading the information in the documents below before you apply. You may like to save or print them so you can refer to them in the future.
General Terms & Conditions (pdf) including Terms of Business
To view these documents, you may need to download Adobe Reader.
Please make sure you read the product terms and conditions, including the product factsheet, before you apply.
You can apply for a Fixed Rate Business Bond if:
your business is registered in the UK;
you have at least £5,000 to deposit in the account;
all directors, owners (shareholders) or partners are UK residents;
all directors, owners (shareholders) or partners are aged 18 or over;
you are able to leave your funds untouched for the fixed term
you have up to two directors, owners (shareholders) or partners;
your business operates as a sole trader, partnership, limited liability partnership, private limited company or a trust.
Not-for-profit organisations such as clubs, societies or charities can also apply. Please see our clubs and charities accounts for all other banking and savings needs.
If you have more than two directors, owners (shareholders) or partners or your business entity isn't listed above, please visit Corporate & Commercial Banking.
Please note there is no right to cancel your bond once we are in receipt of your deposit.
Apply by phone
Call us on 0800 023 2016.
Lines open 9am to 5pm Monday to Friday.
To change your account details you will need to complete and return the Change of Details form. Once complete please return the form to Santander Business Banking, Bridle Road, Bootle L30 4GB. If you require assistance with your request please call the Business Banking contact centre on 0800 731 6666. Lines open 8am to 9pm Monday to Friday and 8am to 2pm on Saturdays.
If your business is a Club or Society, you’ll need to complete the Change of Details form for Clubs and Societies.
You can access your accounts via Online Banking, Telephone and Mobile Banking, but not via branch or Post Office.
Yes, ATM cards are available for cash withdrawals and balance information on both the Business Everyday Saver and Business Reward Saver.
Call us on 0800 731 6666. Lines open 8am to 9pm Monday to Friday and 8am to 2pm on Saturdays.
Limited Liability Partnerships
Private Limited Companies
Your business must have up to two directors, owners (shareholders) or partners.
If you would like a relationship managed service or have comprehensive banking, international business or larger lending needs, please visit Corporate & Commercial Banking.