Asset 30 Account - Issue Three

Our Asset 30 Account pays an enhanced rate of interest for your clients where they do not require immediate access to their funds.

The minimum opening deposit is £5,000 per 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.

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 Any additional ‘without notice' withdrawals will be subject to a charge equivalent to 30 days' interest on the amount withdrawn.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 (providing the balance remains over £10,000). Interest is only paid on balances that remain at £5,000 or more.

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 see current rates.

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. Calls may be recorded or monitored.

Checklist

All clients must:

  • Read and print or save all the below documents this must include the FSCS - Information Sheet and Exclusions List
  • Visit the interest rates page relevant to the Account
  • View the banking tariff
  • Complete, print and sign the application form
  • Post the form to us along with all necessary ID

Each application will usually be processed within 5 days of us receiving it as long as the application is completed correctly and accompanied by all required documents.

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. Calls may be recorded or monitored.

Literature and Downloads

We have created a handy document collation tool, which will allow you to gather all relevant account information into one single downloadable pack. This application pack can then be emailed directly to you or your client, by completing the simple online send form.