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Summary Box

Account name Triodos Business Fixed Term Deposit
What is the interest rate?
Term 3 months  6 months  9 months  12 months  24 months  36 months 
Rate 0.25%gross*/ AER** 0.40%gross*/ AER** 0.65%gross*/ AER** 0.80%gross*/ AER** 0.90%gross*/ AER** 1.00%gross*/ AER**
Interest is calculated daily and paid annually and on maturity.
Can Triodos Bank change the interest rate? No – the interest rate is fixed when the account is opened and we have received your full opening deposit.

Rates may change between the time the application is made and the time the account is opened and full opening deposit received.
What would the estimated balance be on maturity based on a £10,000 deposit?
Term 3 months  6 months  9 months  12 months 24 months 36 months 
Balance £10,006.23 £10,019.95 £10,048.62 £10,080.00 £10,180.81 £10,303.01
This estimate is based on £10,000 being deposited at account opening, no further deposits or withdrawals being made and interest being added to the account annually and at maturity. This projection is for illustrative purposes only and does not take into account your business’ circumstances.
How do I open and manage my account?
  • The account can only be applied for online. Before you apply you will need to call us so we can find out more about your organisation and discuss if banking with Triodos Bank is suitable.
  • The minimum opening deposit is £10,000.
  • No further deposits are allowed after the full opening deposit is received.
  • The maximum balance is £5,000,000.
Can I withdraw my money? No early closure or withdrawals are allowed.
Additional information A minimum of 30 calendar days before the fixed maturity date we will contact you to inform you of your options. At maturity the Account will automatically be changed to an Easy Access Business and Charity Deposit Account, unless you advise us to do something differently.

*The gross rate is the rate payable without any tax taken off. Credit interest on all our accounts is paid gross.

**AER shows what the interest rate would be if interest was paid and compounded once each year.

Please ensure you also read the Terms and Conditions for businesses and charities.

 

*3, 6 and 9 months rates applicable from 16 September 2016. 12, 24 and 35 months rates applicable from 23 November 2016. Triodos Bank interest rates are 'gross rates' and 'Annual Equivalent Rates' (AER). The gross rate is the rate payable without any tax taken off. Credit interest on all our accounts is paid gross. AER shows what the interest rate would be if interest was paid and compounded once each year.

Triodos Bank Terms and Conditions for businesses and charities and Tariff apply.

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