STARTER ACCOUNT

This account is a Current Account designed for customers who may not initially have all the required documentary evidence required to open an ordinary current account and available to Personal UK Resident customers only.

You can apply to open a Starter Account with as little as £10 and up to £5,000. You can maintain a balance of up to a maximum of £20.000.

You can deposit and/or withdraw no more than £5,000 per month without prior arrangement. Withdrawals are subject to there being sufficient cleared funds on the account. In no circumstances can the account be overdrawn.

No interest is payable.

You will receive your bank statement of account annually.

You will be entitled to a reduced charge on money transfers to Turkey and Northern Cyprus in accordance with the published tariff.

We may ask you for additional documentation should you wish to open another type of account with us.

You can have access to the balance on your account during banking hours without charge.

No Standing Orders or Direct Debits will be allowed on this account.

No chequebooks issued.