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Deposit Account

Our deposit account offers interest and instant access for organisations wishing to deposit funds. Please note, this account is not designed for transactional banking – it cannot be managed through internet banking and to withdraw funds you will need to request a transfer which will be charged as per our Service Tariff.

Key features

  • Earn interest on funds
  • Instant access
  • No account fee

Product information

Account name Tailored Deposit Account
Fee Free
Interest Net Rate* Gross Rate** AER***
0.04% 0.05% 0.05%

* Net Rate is the amount of interest you will receive if your organisation pays tax at source.
** Gross Rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
*** AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.

Important documents

Useful Links



Interested?

Apply for an account today

Alternatively, contact us to discuss your banking requirements by emailing us@unity.co.uk