Asset 30 Account - Issue Three
Our Asset 30 Account is designed to maximise the return on your clients’ business funds that may need to be accessed occasionally.
Your business client may have funds that they have earmarked for future expenditure or which they need to safeguard. Our Asset 30 Account is designed to reward businesses that can plan ahead for any withdrawals made on their account.
The Account allows business clients to make an unlimited number of withdrawals free of charge, providing that they are able to give us 30 days' notice.
However, as an added feature of this account, we also allow one ‘without notice' withdrawal free of charge each calendar year of up to £2,500 if the account balance is greater than £5,000. Any additional ‘without notice' withdrawals will be subject to a charge equivalent to 30 days' interest on the amount withdrawn.
As a further benefit, clients can select to have the monthly interest credited to another linked account so that it may be accessed more easily.
The minimum opening balance is £5,000, with a minimum balance of £5,000 to be maintained on the account.
Please see the Asset 30 Account Factsheet and Non-Personal Terms and Conditions for more information.
Interest rates are variable, please see current available interest rates for Asset 30 Account Issue Three.
For current interest rates applied to Asset 30 accounts that were opened before 2nd April 2012 please click here .
How to apply
It is extremely important that clients fully understand the account, the interest rates and the relevant Terms and Conditions before submitting the application.
If you are not a professional adviser and are looking to apply for an account for a business, trust, charity, pension scheme, wrap, society, club, association or a church body/place of worship, then please call us on 0800 092 3300.
All clients must:
- Read and print or save all the below documents
- Visit the interest rates page relevant to the Account
- Complete, print and sign the application form
- Post the form to us along with all necessary ID
Each application will usually be processed within 10 days of us receiving it.
Please note, application forms posted to Cater Allen which are incorrect or incomplete will be automatically returned. If you need assistance when completing a form we are happy to help; please call us on 0800 092 3300 or contact your relationship manager.