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95 Day SME Notice Account 


Offering small to medium-sized businesses a competitive rate with a notice period of 95 days to access your money, and the freedom to top up at any time.

95 Day SME Notice Account


Apply now

Download or request an application form to open your 95 Day SME Notice Account.

What is the interest rate?


Gross PA / AER*

Note, accrued interest is calculated daily and paid twice yearly on 1 January and 1 July.

*AER stands for Annual Equivalent Rate. It illustrates what the interest rate would be if interest were paid and added each year. Gross PA means Gross Per Annum, i.e. before tax is deducted (at the legal rate).

Can Close Brothers Savings change the interest rate?

Yes. The Notice Account rate (**managed rate) can be changed at any time.

**Managed rate refers to a rate that we can change at any time. Such changes may be made without notice if the change is favourable to you. However, we must give you at least one month’s written notice of any reduction in rate. See clause 6 of the Product Terms and Conditions.

What would the estimated balance be after 12 months based on a £25,000 deposit?

Initial deposit  Interest earned
after 12 months 
Balance after
12 months
£25,000.00  £325.00 £25,325.00

Interest is credited to the SME Notice account twice yearly on 1 January and 1 July.

Illustration based on the initial deposit shown being deposited at the time the account is opened. This projection is provided for illustrative purposes only and does not take into account individual

Calculate your balance after 12 months

How do I open and manage my account?

It’s easy to apply by post. To open a Small Business Account, your company will need to deposit between a minimum of £25,000 and maximum of £1 million. You can pay money into your account by cheque or electronic bank transfer (details will be made available as part of the application). You may also place additional funds (no minimum amount), ensuring they do not exceed the maximum balance.

Managing your account is easy too call or write to us and we’ll help you with any questions or instructions.

Can I withdraw money?

Yes. You may place notice to withdraw funds at any time in writing or over the telephone. Your funds will be repaid following completion of the applicable notice period. The minimum amount you can place on notice is £5,000.

If the SME Notice Account falls below the Account’s minimum balance, the balance will be repaid in full to the nominated bank account and the Account will be closed.

What kind of organisations can apply for a SME Notice Account?

This account is for UK incorporated companies, registered under the UK Companies Act, with less than 250 employees during the current financial year. One of the following criteria must also be met: - a total balance sheet not exceeding £35 million - an annual net turnover not exceeding £40 million

Additional information

Tax information

We do not currently deduct tax from any interest paid to you. Tax benefits depend on individual circumstances and could change in the future.

Can we help?

If you'd prefer to speak to someone directly or have any questions, please get in touch.

Call us on

020 3857 3060

Lines are open

9am - 5pm, Monday to Friday (excluding UK bank holidays)

Alternatively email us at: [email protected]

Financial Services Compensation Scheme logo

Your eligible deposits held by a UK establishment of Close Brothers Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.

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