Notice Business Accounts

45 Day Notice Account Issue 9

3.76%

Variable

Gross AER

Gross

3.76% annually

3.70% monthly

Min balance

£5,000

Max balance

£2,000,000

The flexible way to achieve your savings goals

Good for you if

  • you want to avoid impulse withdrawals
  • you want to make regular deposits
  • you need four or less signatories authorised to operate the account

Consider something else if

  • you want a fixed rate
  • you want next day access to your money

Features and benefits

Withdraw with 45 days' notice
If you don't want to tie your savings down in a fixed term bond but you won't need next day access, our notice account may suit your business. If you want to make a withdrawal, you'll simply need to tell us 45 days before you need your money.

Variable rate
Our notice accounts are variable, so you can benefit from rises in rates.

Apply Now

It’s simple, choose whether you want to receive your interest monthly or yearly, and complete our short application form.

Additional Information

Can Shawbrook change the interest rate?
Yes. The interest rate is variable, which means we can change it up or down at any time. If your balance drops below £5,000 your rate will change to 0.05% gross/AER (variable).

How do I open and manage the account?
You can only open this account online. You can manage the account online or by phone. Your business can only open one Easy Access account with Shawbrook.

You can open the account if you are a sole trader, a limited company (limited by shares), or a partnership (excluding limited liability partnerships). This account is not available if you have more than four shareholders, or you need more than four signatories.

All directors and beneficial owners of that business must be aged 18 or over, resident in the UK and only tax resident in the UK.

This account is not available to charities or trusts.

Can I withdraw my money?
Yes, you’ll need to give us 45 days’ notice if you want to make a withdrawal.

Are my deposits protected?
Eligible deposits are protected up to a total of £85,000 per person by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered. For further information visit www.fscs.org.uk

What would the estimated balance be after 12 months based on a £5,000 deposit?

Opening deposit

£5,000

Balance after 12 months

£5,188

This illustrative example assumes no withdrawals, no changes to the variable interest rate over the period and interest paid annually on a cleared deposit. Interest is rounded to the nearest pound. The illustrative example does not take into account the individual circumstances of a customer.

Apply Now

Plan ahead with more flexibility and get a competitive rate with our 45 day notice account.  Simply choose whether you want to receive your interest monthly or yearly and complete our short application form. 

Not the right product for you?

Explore our range of award-winning savings products and compare rates to find the right one for you.