Fixed Term Bonds

Charity 2 Year BondDetails1.60%Gross/AER

Summary box

What is the interest rate?

1.60% Gross/AER

Interest paid on maturity.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Can United Trust Bank change the interest rate?

No. The interest rate is fixed for the term of the bond
Interest is calculated daily using the cleared balance of the account.

What would the estimated balance be after 2 years based on a £5,000 deposit?


This projection assumes that interest is paid once on maturity.

How do I open and manage my account?

You can open our accounts by post.
All accounts are accessible by Post or in Branch. Enquiries can be dealt with on the phone. When opening an account you must nominate a bank account from which deposits must be made and to which withdrawals will be sent. All withdrawal instructions must be received in writing.
Minimum deposit – £5,000
Maximum deposit – £1,000,000

Can I withdraw money?

Principal and interest may be withdrawn on maturity only. You will be notified within 14 days of the maturity date of the options available to you, including having the funds returned to you and, if available, the option to reinvest in a savings product.

Additional information

Opening the account is subject to our General Terms and Conditions, offers can be withdrawn at any time.
Charities must be registered with the UK Charity Commissions (either Scottish or English).
Interest is paid Gross.

Apply by post


Other Information

Contact Details Tel: 020 7190 5599
Address: One Ropemaker Street, London, EC2Y 9AW
Regulating Bodies Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Open your business account here

Open your ISA account here