Northern Rock business savings accounts include
Business Reserve Accounts are intended to be used by businesses in a variety of different circumstances, including most private and public limited companies, limited liability partnerships, partnership and sole traders.
Charities Accounts are intended solely for registered charities, providing them with a simple and accessible way of managing their funds
In order to be eligible, Business Reserve Accounts require a minimum balance of £10,000 to £2 million. Customers are free to withdraw money at any time, from a minimum of £1,000 without any notice period required.
A business savings Charities Account from Northern Rock will require a minimum deposit of between £1 to £2 million and requires no notice periods for customers who wish to access their funds. In order to be eligible for this type of business savings account, it must be intended for a registered charity.
Interest rates are paid monthly for this type of account, but may be delivered twice per year.