Close Brothers Saving
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Important update
    Changes to the Bank of England Base Rate

    The Bank of England decreased Base Rate from 4.50% to 4.25% on Thursday 8th May 2025. Following this announcement, we will be reviewing how this impacts our current savings interest rates and this may mean we need to change your variable interest rate if this is applicable to your product. If we do, we will be in touch to let you know and provide you with your options.

    I still do not know which classification I am, can you help?

    Many non-financial companies and Trusts will either be an Active Non Financial Entity (NFE) or a Passive NFE. The difference between these two classification types to an extent depends on the type of income generated and assets held, which is information that Close Brothers cannot access via public sources. The eligibility criteria are listed in the self-certification form Annex.

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