 |
|
|
Key Features
Your fast access account will be used to manage transfers in and out of your Inscape Investment Portfolio and to hold funds.
Interest Paid
The Fast Access Account offers an attractive and competitive rate of interest.
| Gross Rate p.a. | Net Rate p.a. | AER |
| 4.75% | 3.80% | 4.85% |
The Gross rate is the rate payable before the deduction of income tax at the lower rate of 20%. Interest is paid net to UK residents, being the gross rate applicable less income tax at the lower rate of 20%.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
Interest is calculated on the account daily and this will be paid into your account monthly or when you close it.
Unauthorised Fast Access Account overdraft - 29.9% APR (variable)
|
|
|
|
Deposits and Withdrawals
You can deposit money into your Fast Access Account in all the normal ways, including cheque, telegraphic transfer, standing order, direct debit and BACS credit.
You can transfer money from the account directly to a named, pre-advised bank account. These transfers can be made from the account at any time by cheque, telegraphic transfer, standing order and BACS credit, providing you have money in the account.
How to Apply
A Fast Access account is opened automatically when you become an Inscape client. The application form for the account is part of our Client Agreement Form.
If you have any questions about the Fast Access Account or would like more information please call 0845 605 4400.
|
|
