Business Account

Balance:Gross Interest Rate/AER:Net Interest Rate:
£1,000+0.80%0.64%
£10,000+1.20%0.96%
£50,000+1.75%1.40%
£150,000+ 2.00%  1.60%
Summary Box
Key Product Information for our Savings Accounts
Account NamePostal Business Account/Business Online Account
Interest Rates (AER)Please see interest rates above
Tax Status

Interest is paid net after the deduction of basic rate tax

OR

Gross without deduction of tax for qualifying organisations

Conditions of bonus paymentNot Applicable
Withdrawal arrangementsImmediate Access - No notice required or penalties charged for withdrawal but the withdrawal must be by post/cheque or via the On Line service.
AccessPost - via Postal Investment Department based at Beverley. On Line - via Society's Website at www.beverleybs.co.uk
General Product Information
AvailabilityAvailable nationwide
Minimum InvestmentTo open a Postal Business or Business Online Account you need a minimum of £1,000
Tiered InterestAs soon as your savings reach a higher band, the total sum invested earns a higher rate of interest. If the account falls below £1,000 the terms and conditions of the Postal Account or Business Online Account remain in place but the lowest interest band from the current instant access account will apply. Interest added or paid on 31st December
AccessPostal Business transactions by cheque only - Prepaid envelope provided after each transaction. Business On Line transactions by BACS via nominated Bank Account - No Account Transaction Charges

 Apply for a Postal Business account Business Online Account - Contact us