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New account from Shawbrook Bank is the business

New account from Shawbrook Bank is the business

Category: Business

Updated: 07/11/2011
First Published: 19/10/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Shawbrook Bank has launched a new 100 day notice account for businesses.

The 100 Day Business Notice Account Issue 2 pays a rate of 2.10% yearly and is operated in branch and by post. It requires 100 days' notice to withdraw, with no earlier access permitted.

Additions can be made whilst the issue is open, but no cash transactions are allowed. There is a minimum investment requirement of £5K up to a maximum of £100K.

At 2.10%, it sits in the top ten of business notice accounts and offers an alternative to the usual 90 and 120 day accounts.

Four out of five Moneyfacts stars have been awarded.

Looking for the right Business account? Compare Business accounts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.