Notice Accounts

Variable rate of interest

Notice Accounts

Variable rate of interest

Guide to Notice Accounts

Pregnant mother on sofa with father and daughter looking at piggy bankIf you’re happy to let us know when you need to withdraw money, a notice account could be a solid savings choice.

Pros and cons

  • Usually higher interest than an easy-access account
  • Manage your account online or by phone
  • No instant access to your money
  • Interest rate is variable - could increase or decrease

How notice accounts work

You can make a payment into your account by electronic payment from your Nominated Account.

If we cannot electronically verify that funds have been sent from an account in your name, they will be returned.

Electronic payments

We have made paying in simple - just send a payment to the account number and sort code provided.

  • BACS transfer will reach your Secure Trust Bank account three working days from the transaction date
  • Faster Payment should be in your account within 24 hours

To open an account you’ll need a Nominated Account. This must be a UK current account that we can electronically verify is in your name.

You’ll use this account to make payments as well as accept withdrawals and interest payments, so it's important that your Nominated Account uses an identical account number and sort code for money in and money out. 

You can take out money after giving the relevant amount of notice.

Call our Customer Services team or use Internet Banking to set up a withdrawal.

Maximum of 4 interest withdrawals per calendar year.

Maximum of 3 capital withdrawals per calendar year.

Enjoy the flexibility of all-hours access to your account when you register for Internet Banking.

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded on an annual basis.

Secure Trust Bank PLC. Registered in England and Wales 541132. Registered Office: One Arleston Way, Solihull, B90 4LH.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our registration number is 204550

All communications with us will be monitored/recorded to improve the quality of our service and for your protection and security.