Compare Time Deposit Accounts in the United Kingdom

Updated on 26 April 2019

3 offers from 3 banks
Interest Rates: 0.00 - 1.10 % p.a.
Deposit Terms: 6 - 48 months
Sales Region
Germany
Currency
EUR
Interest Rate (p.a.)
0.00 %
Deposit Term
6 - 24 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.00 %
Max. Interest Rate (p.a.)
0.00 %
Min. Deposit Term
6 months
Max. Deposit Term
24 months
Time Deposit Account Provider

Wyelands Bank Plc was established in 1980 to provide companies access to trade and supply chain finance solutions. Wyelands Bank Plc offers savings products to individuals and SMEs as well as B2B financial solutions to companies. Wyelands Bank Plc is a member of Wyelands Holding.

Sales Region
Austria
Currency
EUR
Interest Rate (p.a.)
0.55 - 1.10 %
Deposit Term
12 - 48 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.55 %
Max. Interest Rate (p.a.)
1.10 %
Min. Deposit Term
12 months
Max. Deposit Term
48 months
Time Deposit Account Provider

First Bank of Nigeria (FBN Bank) was founded in 1894 and is now a leading banking institution and a major contributor to the economic development of Nigeria.FBN Bank started its operations in Europe in 2002, providing retail and corporate banking products and services. FBN Bank offers its savings accounts online via FirstSave.

Sales Region
Germany
Currency
EUR
Interest Rate (p.a.)
0.60 - 1.05 %
Deposit Term
12 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.60 %
Max. Interest Rate (p.a.)
1.05 %
Min. Deposit Term
12 months
Max. Deposit Term
36 months
Time Deposit Account Provider

Established in 1878, Close Brothers is a British financial services company,offering lending, deposit taking, wealth management services, and securities trading.

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

Austria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.

Time deposits accounts are interest-bearing deposit acoounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

The table above shows essential details of selected time deposit products offered to retail customers by the banks in the United Kingdom: currency, interest rate per annum and deposit term. The time deposit accounts terms vary from 6 month to 4 years (48 months).The interest rates are within the range 0.00 - 1.10 %. The interest rates provided in the table do not take into account withholding tax levied on interest income in the United Kingdom.

Time deposit accounts made with credit institutions in the United Kingdom are covered by deposit guarantee scheme up to 85,000 GBP per depositor.

In October 2018, average annual deposit interest rate in local currency (Pound sterling) of new contracts with fixed term up to 1 year between credit institutions and retail customers (households) was 1.15 %.

The United Kingdom's Moodys country ceiling (the highest rating that can be assigned) for deposits in local currency is set to Aaa (prime).

See Also