Pension Fund Cheque Account:
advantages all round
Add value for your clients by managing their money using our Pension Fund Cheque Account. An all-round winner, this popular Bank of Scotland Corporate product lets you earn commission while your clients enjoy competitive interest rates.
You and your client can enjoy all these advantages when you select our Pension Fund Cheque Account:
- Immediate access to funds with no penalty
- Interest calculated on a tiered banded system and paid monthly
- Full range of payment options available, from Standing Orders and Direct Debits to CHAPS and Bacs
- Streamlined documentation for easy administration and management of your client's pension fund bank account
- Free standard account transactions
- Free duplicate statements and cheque book
- Available to all professionals managing HMRC-approved pension schemes, including SSAS, SIPPS and Group Schemes
- Commission payable to regulated introducers and pension professionals
And for those times when you need additional support from a banking expert, you can call upon your Relationship Manager for help and advice that's tailored to your specific business needs and objectives.
Call us now on 0131 658 4609 to find out how our Pension Fund Cheque Account can improve your business processes at the same time as it helps your clients' money to work harder.
Current Interest Rates
| Balance | AER % | Gross % | |
|---|---|---|---|
| £1,000,000 and above | 0.30 | 0.30 | |
| £100,000 to £999,999 | 0.10 | 0.10 | |
| £50,000 to £99,999 | 0.10 | 0.10 | |
| Under £50,000 | 0.10 | 0.10 | |
| Rates with effect from 5 March 2009. | |||