Business Term Deposit
Guaranteed return on your surplus cash
Enjoy greater certainty. Clydesdale Bank's Business Term Deposit offers you a guaranteed rate of return on your surplus cash. A range of flexible fixed terms are available to meet your individual business needs. And with amounts, terms and interest rates fixed at the time of making the deposit, you can plan your cash flow with confidence.
- Minimum £5000 deposit, up to a maximum deposit of £5,000,000
- Range of terms available from 30 days to 12 months
- Choose from a number of reinvestment options at maturity
To find out more:
- Call into your nearest branch (opens in a new window) or call 0845 606 4455
- If you’re an existing Business customer, contact your Business Manager
- Existing Business Direct customers, call 0845 606 4455
More Benefits
- Personal attention – Business Manager or Business Advisor who can make fast decisions
- Security – guaranteed return on your initial investment
Further Features
- Interest paid on maturity
- Guaranteed return based on full fixed term of investment being held
- Option prior to maturity to obtain an overdraft facility – limit not exceeding the amount of the principal of the deposit and period not exceeding the maturity date
Complementary Solutions
Important Information
- Interest rate – available on request from your Business Manager or Business Advisor
- Withdrawals or early closure of the Term Deposit are not permitted under any circumstances during the Fixed Term except in the event of the death of the Account Holder (or one of them if joint account). See Terms and Conditions of the account for further information.
- The term may be 30 days, three, four, six or 12 months
- Interest calculated – fixed, calculated daily on the full cleared balance
- Interest paid upon maturity
- Credit Balance
- Minimum - £5,000
- Maximum - £5,000,000
- Standing Orders or Direct Debits are not available on this type of account
- Alternative option – Treasury Fixed Term Deposit
- Terms and conditions
- Any overdraft provided will be secured on the Business Term Deposit
- If the overdraft facility is taken out, a Clydesdale Bank Current Account will be required
- Overdraft available for Business purposes only
- Full terms and conditions are available on request
Terms and Conditions apply. All facilities are subject to status and applicants must be aged 18 or over.
We are covered by the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and circumstances of the claim.
Further details of the scheme are available from us on request or from the Financial Services Compensation Scheme www.fscs.org.uk or in writing from the Financial Services Compensation Scheme, 7th Floor , Lloyds Chambers, 1 Portsoken Street, London E1 8BN.
Clydesdale Bank and Yorkshire Bank are trading names of Clydesdale Bank PLC. As both banks are part of the one and same authorised entity the FSCS compensation limit applies to deposits held across both brands.
Clydesdale Bank PLC is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank PLC, Registered in Scotland (No. SC001111), Registered Office: 30 St. Vincent Place, Glasgow, G1 2HL. A member of the National Australia Bank Group of companies.