If you want to change how your interest is paid on an existing account, you can do this using online banking. Simply select the relevant account and then choose ‘My Linked Account’. You will then see the option to choose whether to have interest compounded or paid out annually.
For business and charity customers registered online, simply send us a secure message with the request. Please note, this must be in accordance with your account mandate, i.e. if changes require two signatories, we will need both to confirm before we update your preferences.
Alternatively, you can contact us with your request.