Pension Fund Deposit Account 2

An interest account for an organisation’s pension funds

How to apply

Before applying we recommend you check the current Interest Rates and Charges and read the Non-Personal Savings Account Conditions, In Detail and Summary box pages. You should also download a copy of our FSCS Information Sheet.

To open an account simply download and print out the application form, complete it and send it to us with the following:

  • A cheque (this must be in the same name of the account you will hold with Scottish Widows Bank) from your main bank/building society pension fund current account.

    Third party cheques are not permitted.

  • The appropriate documentation as detailed below:
    • Letter from Inland Revenue confirming that funds are exempt from tax
  • A completed and signed Direct Debit mandate if you would like us to collect payments by Direct Debit.

    Please note that If you are making your initial deposit by Direct Debit, we require identification in the form of an original bank statement, cancelled cheque or pre-printed pay-in slip from a UK bank or building society current account on which you are named (this will be returned without delay).

Before applying we recommend you read the Conditions.

Download application form

Send your completed application form to:

Scottish Widows Bank
PO Box 883

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