You can open our ISA accounts by post, by completing an application form which can be obtained from our website #. We accept current year subscription and transfers in from existing ISA providers.
To open an account:
• You need to be 18 or over and permanently reside in the United Kingdom.
• The minimum deposit is £15,000.00 per account and can be made up of new subscriptions and a transfer in from an existing
provider.
• A Nominated Bank Account must be provided when applying for an account. The Nominated Bank Account must be a transactional UK Bank account where electronic payments can be made and received. The Nominated Account
must be in the name of the account holder.
What happens at maturity?
• We will contact you approximately 14 days before your account matures detailing your options and enabling you to give us your maturity instructions.
• You can ask us to repay your funds
or reinvest some or all of it into one or more new accounts.
• If you ask us to repay your money we will do this by sending an electronic payment to your Nominated Account.
• If we do not receive an instruction
from you we will reinvest your funds into a holding account at the banks’ prevailing rate of interest.
• Transfer requests will be actioned within 15 days of receipt of the instructions from your new ISA provider.