Faith House
23-24 Lovat Lane
London EC3R 8EB
Tel: +44 785 6119492

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Savings Account Rates for Business & Charity Customers

Reliance Bank Base Rate with effect from 5 August 2016 -  0.40 %

Please note that, ordinarily, the Reliance Bank Base Rate mirrors the Bank of England Base Rate. However, with the Bank of England Base Rate at an unprecedented low point, in order to ensure that Reliance Bank does not risk incurring losses which would ultimately be borne by our owners, The Salvation Army, and would impact the funds available for their continued mission, the Bank is unable to reflect the full 0.25% fall in its Base Rate and has set the Reliance Bank Base Rate at 0.40% as of 5th August 2016.

 

Instant Access Saver

*(interest paid quarterly end of March, June, September and December) with effect from 5 August 2016

             Balance                          Gross Rate PA%               

  • £1 - £4,999                            0.01                               
  • £5,000 - £24,999                0.01                               
  • £25,000 - £99,999             0.01                                
  • £100,000+                             0.05                                

 

Business Fixed Term Saver

*(minimum balance £50,000 - interest paid on maturity of deposit)

For cleared sums of £50,000 and above, fixed rates are available linked to money market rates for fixed terms from 7 days to 12 months. Please call us for a quote - we welcome your call. 

 

 

 
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Reliance Bank Limited. All rights reserved.
YOUR HOME MAY BE AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Reliance Bank Limited, Faith House, 23-24 Lovat Lane, London EC3R 8EB. Telephone: +44 785 6119492 Fax:  +44 785 6119492
Reliance Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registration no. 68835.
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