Skip to main content

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?

Balance £25,000 or more


Gross PA / AER*

Balance less than £25,000


Gross PA / AER*

Note, accrued interest is calculated daily and paid twice yearly on 1 January and 1 July. This is a tiered managed rate**. If your balance falls below £25,000, interest will be set at 0.50% Gross P.A. (variable) until the balance meets or exceeds £25,000.

*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).

What would the estimated balance be after 12 months based on a £1,000 deposit?

Initial deposit  Interest earned
after 12 months 
Balance after
12 months
£1,000.00  £12.00  £1,012.00 
£10,000.00  £120.00  £10,120.00 
£50,000.00  £600.00  £50,600.00 

These amounts are for illustration purposes only, the minimum deposit on this product is £25,000.

Calculate your balance after 12 months

How do I open and manage my account?

It's easy to apply by post, you can pay money into your account by cheque or electronic bank transfer (details are on the application form). Managing your account is easy too. Simply call or write to us and we'll help with any questions or instructions.

How much can my company deposit?

To open a Small Business Account, your company will need to deposit between a minimum of £25,000 and maximum of £1 million.

Can Close Brothers Savings change the interest rate?

Yes. However, you will receive written notice at least one month in advance of any interest rate reduction.

Can I withdraw money?

You can give a notice instruction at any time, and funds will be paid into your nominated bank account after 95 days. The minimum amount you can place on notice is £5,000.

How is the interest paid?

Interest is calculated daily and paid twice yearly on 1 January and 1 July.

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

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:

Financial Services Compensation Scheme logo

Financial Services Compensation Scheme (FSCS)

Your eligible deposits with Close Brothers Savings are protected up to a total of £85,000 by the UK's Financial Services Compensation Scheme. Any deposits you hold above this limit are unlikely to be covered. For further information visit