Important
Nationwide Business Savings accounts aren't current accounts and can't be used for everyday business banking purposes.
Important
Nationwide Business Savings accounts aren't current accounts and can't be used for everyday business banking purposes.
Each of our Business Savings accounts starts with you making a single deposit – anywhere between £5,000 and £10 million. If you choose an Instant Access Saver account or a Notice account, you can continue making deposits up to the maximum of £10 million. If you opt for our Fixed-rate Deposit account, you can only make an initial deposit.
How and when you withdraw money depends on the type of account you’ve chosen:
*Our instant access Maturity Reserve Account earns a variable rate of interest, paid annually. We’ll send statements to you to let you know what this rate will be.
You’ll get an annual statement every April showing the interest your savings have earned. We’ll also send you a monthly statement if there have been any transactions on your account during any given month. You can also contact us to request a one-off statement.
You’ll get a statement when your fixed term ends and your account matures.