Withdrawals out of Shawbrook Bank will be made to the bank account held in the name of your business. We cannot issue a payment to a third party from Your Savings account.
Where your Savings account does not have an associated bank account held in the name of the business (or we cannot verify the account is owned by your organisation) we will send your funds via cheque. Cheque withdrawals will be sent by post to the trading address we hold for your business.
Withdrawals may also be transferred to an alternative Shawbrook Savings Account (subject to the destination account being open and not withdrawn). The Shawbrook Savings Accounts must be held in the name of your business.