Guide to Notice Accounts
If 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
Paying into your savings account
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.
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 Payments should be in your account within 24 hours
- Your current account provider will be able to check the details you provide using the Confirmation of Payee service to ensure your funds are going to the correct account
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.
Statements are provided via Internet Banking, with the ability to download and print or the option to change to paper if required.