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Corporate Maturity Account

Perfect if you...

    • Want immediate access to your funds
    • Want to withdraw funds as and when you need to
    • Want to manage your account in branch or by post

Just remember...

  • The account can only be opened with fund from a maturing fixed term Saffron Building Society corporate account
  • You must have a minimum opening deposit of £1
  • The maximum balance of this account is £2,000,000

Summary box

* The gross rate is the rate before deducting tax at the rate applicable to savings income. The annual equivalent rate (AER) is a notional rate which illustrates what the gross interest rate would be if the interest was paid and added to the account annually.

Account Specific Rules and Criteria – Effective from 19 August 2020

Where the Savings Terms & Conditions are inconsistent with the account specific rules and criteria, these account specific rules and criteria will apply and will take priority.

  1. We will automatically open this account for funds maturing from a fixed term corporate account if you haven’t instructed otherwise.
  2. This account is for business monies only. Client funds cannot be held in this account.

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