Glossary

Below are alphabetical listings of definitions of acronyms and terminology that may be used throughout this site.

Contact Us

Gross Interest Rate

The gross interest is the rate of interest we pay before taking off income tax at the rate set by law (currently 20%, except for Cash ISA's which are tax-free).

Higher Lending Charge

Some lenders impose a Higher Lending Charge for mortgages where the amount borrowed exceeds a given percentage of the value of the property. Northern Bank do not impose a Higher Lending Charge on any mortgage product.

ISIN

International Securities Identification Number (ISIN) is a unique 12-character, alphanumeric code used to identify a tradeable security or financial instrument (share, bond, warrant etc) and provides for uniform recognition and tracking of international securities transactions throughout the trading to settlement process. For example, the ISIN for Marks & Spencer PLC is GB0031274896

Do you need more details about this site? Privacy Statement Disclaimer System requirements	About the Group Northern Bank is part of the Danske Bank Group. Learn more about the Group

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.

New! - Cookies & your privacy | Terms of use | Accessibility & Site Requirements | Privacy Statement