The Club and Association Deposit Account from Scottish Widows Bank is an account which operates alongside your organisation’s existing current account.
It's designed specifically for clubs and associations with money that could be earning a higher rate of interest in a deposit account.
Here’s a brief summary of just some of the account’s benefits:
- No notice period or penalties for withdrawals
- Operates as a telephone or postal account, linked to your organisation’s existing current account
- Minimum balance only £500
- Telephone access from 8am to 6pm weekdays (from 10am Wednesdays).