Northern Fixed Term DepositNorthern Fixed Term Deposit

If you know that your business won’t need instant access to all or part of its surplus cash, it makes sense to invest in a Northern Fixed Term Deposit.

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  • You can invest any amount, from a minimum of £5,000 for a variety of fixed terms. As the amount, term and interest rate are fixed at the time of deposit, you know exactly what interest you will receive for the entire period
  • Withdrawals can normally only be made on the maturity date.  If permitted before the maturity date, an early repayment charge is payable along with an administration fee of £10.00

The terms available are:

  • One or two or three weeks;
  • One, two, three, four, five, six, seven, eight, nine, ten or eleven months;
  • One, two, three, four or five years; or
  • For any term ending on a specified date as selected by you (subject to a minimum term of seven days and a maximum term of five years).

 

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Northern Bank Limited, Donegall Square West, Belfast BT1 6JS. Registered in Northern Ireland R568. Phone +44 (0) 28 9004 5000. Calls may be recorded. Northern Bank Limited is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Northern Bank Limited is entered in the Financial Services Authority's register, registration number 122261. VAT number GB853 7590 92. Northern Bank Limited subscribes to the Lending Code.

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