The Account Interest Rates FAQ Other Products Response Form
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and Standard Life

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Standard Life Bank in association with First Independent Direct brings you a high interest, Premium Direct Access and 10 Day Notice Internet Access Only Savings Account, Direct Access Savings Account, and a 10 / 60 Day Notice Account that contributes a donation to your charity.

Open your account through First Independent Direct and your charity will receive a £50.00 donation. All you need to do is quote our reference number 4DT17 and the money is yours.

"Initially we were attracted to Standard Life Bank for the high rate of interest being offered for a Direct Access Savings Account and since opening the account, the quality of service has been very good. And as an added bonus, we also received a commission donation as a result of opening the account through First Independent Direct."

FINANCIAL DIRECTOR OF THE TRELOAR TRUST

STANDARD LIFE BANK

At Standard Life Bank, you can have the confidence of dealing with a company which is backed by Standard Life, the largest mutual life assurance company in Europe.

Standard Life has the financial strength to remain secure and competitive. Independent views by leading international rating agencies say that they are one of the strongest life assurance groups in the world. Standard Life offer products that allow us to maintain that strength while at the same time giving competitive returns to customers.

DIRECT ACCESS SAVINGS ACCOUNT

Earn an excellent rate of interest on an account which allows you to access your charity's money at any time without losing interest.

10 / 60 DAY NOTICE ACCOUNT

You have to give us 10 / 60 clear day's notice to withdraw funds without penalty but earn a higher rate of interest.

Please click here to view our current rates

Both of these accounts work alongside your existing banking arrangements and offer the highest levels of security because transactions can only be made by authorised persons. Each authorised person has their own password and personal identification number which allows them to transact business securely between your Standard Life Bank charity account and your organisation's existing bank or building society account.

ONLINE BANKING

Once you have opened an account you can register for online banking. This allows you to:

  • deposit, withdraw or transfer money at the touch of a button
  • view your statement online and print it off to your printer
  • access your account outside working hours

POOLING

You can have up to 99 accounts within a savings plan. We pay interest on each individual account at the rate which applies to the total balance of all the pooled accounts held in the Plan. As our interest is calculated in tiers, this means your charity could earn even more.

You can set up separate named accounts for different things within a Savings Plan - for example, running costs, emergency funds and advertising budget. All the accounts remain completely separate but this facility makes the administration of separate funds easy while potentially giving you access to higher returns.

You must pool accounts with the same notice period - you can't pool 10 / 60 Day Notice Accounts with Direct Access Savings Accounts.

THE BENEFITS OF A STANDARD LIFE BANK CHARITY ACCOUNT

  • Works alongside your existing banking arrangements
  • Highly competitive, tiered rates of interest
  • Choice of Telephone and Online Banking
  • Dedicated customer service line
  • No minimum balance
  • No day-to-day charges
  • "Pooling" facility for maximising returns

HOW TO PROCEED

Whichever way you look at it, our Direct Access Savings Account and 10 / 60 Day Notice Account are a simple effective solution to making more of your organisation's funds and it couldn't be easier to get it up and running right away.

To open your charity's new account and ensure you receive a donation from First Independent Direct, call us now on 0800 783 1687 quoting reference number 4DT17

*You must quote the above reference to get a donation from First Independent Direct*

First Independent Direct also provides enhanced financial products for individuals. Please visit our homepage for more details.

First Independent Direct is authorised and regulated by the Financial Services Authority.
Our FSA Membership Number is 186822
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT
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