- The interest rate for your Fixed Term Deposit will be confirmed in writing once the account is opened.
- If there is an increase in the indicative interest rate by the time your application is processed, we will give you the new increased rate and confirm it in the communication we send you.
- If a change in money market trading leads to a rate decrease we will contact you to discuss this and check your instructions before your application is processed.
- If you've applied before 3pm Monday - Friday your Fixed Term Deposit will be opened the same day unless we need to contact you. If you've applied after this time, or during a weekend or bank holiday your Fixed term deposit will be opened the next working day.
- Please note if we do need to contact you to discuss your request this may delay the opening of your Fixed Term Deposit. We can only contact you on contact details already held on our systems.
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