You are only permitted to withdraw funds if you hold a notice account or a Trustee Reserve Deposit Account with us. Please see How do I withdraw funds from my reserve account?
Early withdrawals are not permitted on our fixed term bonds, unless under exceptional circumstances. These may include if you are in financial hardship or suffering from a long-term illness and having access to your savings would help your situation. Early withdrawals are granted entirely at United Trust Bank’s discretion, and an early withdrawal charge will be payable for breaking your bond ahead of maturity. We may also request evidence to support your request.
If you are experiencing financial hardship, please find out how we can help here.
For withdrawals from our notice accounts, simply log in to your online banking, select the relevant trust account and then choose the option ‘Make a Withdrawal’. Enter the amount you wish to withdraw and choose the date you would like the funds sent to you. If you are not yet an online banking user, you can register your details here.
Please note, to keep the account open you must have a balance of at least £15,000 left after the withdrawal. Any request will also need to be in accordance with the signing arrangements on your account, i.e. if your signing arrangements are set to ‘both’, ‘any two’ or ‘all’, the withdrawal will not be processed until we have received the appropriate approval from the other individual(s).