Our notice savings accounts combine performance and convenience. The money saved by your clients performs for as long as they invest it, but they can withdraw it with notice. The 90-Day Notice Account has one of the higher rates of interest across all of our notice accounts.
This account has tiered interest rates. Higher balances earn more and with no fixed term, your client's money stays invested until they withdraw it.
Your clients can be in control of when they can withdraw their money. They’ll benefit from a higher starting interest rate on their savings.
If your client's priorities change, they can withdraw some or all of their money with just 90 days’ notice.
How this account works
Once the minimum starting balance or more has been deposited, the money stays invested until 90 days after we’ve received written notice that your client wants to withdraw it. Then, we can pay the money into an easy access ‘call account’.
The client can access their money from there. We calculate the variable interest daily and pay it to the account at the end of each calendar quarter (March, June, September and December).
Our Isle of Man business is a representative office which means that the money deposited and account(s) opened are with the bank in Guernsey. The relationship manager remains based in the Isle of Man.
The 32-Day Notice Account provides the fastest access to savings from our notice accounts. The deposited amount remains invested until 32 days after we’ve received written notice that your client wants to withdraw it.
This hybrid savings account enables easy access to 50% of savings and the performance of saving the rest in the long term with 32-day notice. There’s no minimum opening balance and no minimum term.
Enjoy the performance of a 180-day notice account, and the confidence of accessing 10% of the cash if your client's priorities change. You need an opening deposit of £100,000 or $100,000.
Your client will earn a competitive fixed interest rate while protecting their returns from rate fluctuations. Your client selects the term they want, from one week to one year.
ADDITIONAL SERVICES FOR INTERMEDIARIES
Investec Bank (Channel Islands) Limited is a wholly owned subsidiary of Investec Bank plc. This document is distributed by Investec Bank (Channel Islands) Limited which is licensed in Guernsey by the Guernsey Financial Services Commission under the Banking Supervision (Bailiwick of Guernsey) Law, 2020, as amended, and the Protection of Investors (Bailiwick of Guernsey) Law, 2020, and the Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022 to carry on banking and investment business and the provision of credit in respect of Consumer Credit and Home Finance. Registered Address: Glategny Court, Glategny Esplanade, St Peter Port, Guernsey, GY1 1WR. Registered Number: 5845. The Jersey Branch of Investec Bank (Channel Islands) Limited is regulated by the Jersey Financial Services Commission to carry on deposit taking business under the Banking Business (Jersey) Law, 1991, as amended. The Jersey Branch address is 4th Floor, Liberation House, Castle Street, St Helier, Jersey, JE2 3BT. The Isle of Man Representative Office of Investec Bank (Channel Islands) Limited is regulated by the Isle of Man Financial Services Authority and its place of business address is Second Floor, The Old Courthouse, Athol Street, Douglas, Isle of Man, IM1 1LD.
Investec Bank (Channel Islands) Limited is a participant in both the Guernsey Banking Deposit Compensation Scheme and the Jersey Bank Depositors Compensation Scheme. These Schemes offer protection for “qualifying deposits/eligible deposits” up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5-year period. Full details are available on request or alternatively on the Guernsey Scheme’s website www.dcs.gg or on the Jersey States website www.gov.je/dcs which will also highlight the banking groups covered. No deposit placed with Investec Bank (Channel Islands) Limited has protection from the Isle of Man Depositors’ Compensation Scheme nor the Financial Services Compensation Scheme under the Financial Services & Markets Act 2000 of the UK.