Trust Fund Deposit Account
The Trust Fund Deposit Account is a commission paying deposit account which operates alongside the trust's existing bank or building society current account. It is designed specifically for formal trusts such:
- Bare Trusts
- Possession Trusts
- Discretionary Trusts
- Accumulation and Maintenance Trusts
- Contingent Trusts.
Client Benefits
Here’s a brief summary of some of the benefits for your clients:
- The interest rate is guaranteed to be no less than 0.25% below Bank of England Base Rate until 31 December 2012
- Operates as a telephone or postal account, linked to the trust’s existing bank or building society current account
- Telephone access from 8am until 6pm weekdays, from 10am Wednesdays.
Benefits for you
- 0.2% annual commission, paid quarterly
- No minimum or maximum period of client investment
- Simple commission registration
See how much commission you can earn using our savings commission calculator.
Next Step
Download the client brochure, application form and direct debit form
(pdf
229k) or visit our Literature Library and complete the request form to order client application packs and a commission registration form.
Alternatively you can call 0845 845 0110 for more information.
