What can the Charity Deposit Account do for you?
The Charity Deposit Account from Scottish Widows Bank is an account which operates alongside your charity's existing current account.
Here’s a brief summary of just some of the account’s benefits:
- Choice of access - either Instant Transfer or 7-Day Notice
- The interest rate will be no less than 0.25% below Bank of England Base Rate until 31 December 2012
- Operates as a telephone or postal account, linked to your organisation’s existing current account
- Minimum balance only £500
- Telephone access from 8am until 6pm weekdays (from 10am Wednesdays).
