You want your money to be safe
But easy to get hold of
You want competitive rates of interest
But no catches
You want to be in control of your money
But with fast and helpful service
1. Your choice
2. Account Features
3. Current Interest Rates
4. Opening your Account
5. Confirming your Identity
6. How to make your initial deposit
7. Information on your Account is regular and transparent
8. Putting money in
9. Taking money out
10. Frequently Asked Questions
11. Terms and Conditions
12. Email a friend about our Accounts
13. Your money is safe with us
14. Talk to Us
YOUR CHOICE
With Anglo Irish Bank, you can choose from two types of notice deposit account:
Easy access
If you want to get hold of your money at short notice but still benefit from competitive interest rates, choose our Easy Access Deposit Account.
Higher interest
If you would prefer to earn a higher interest rate and you are happy to give us more notice when you want to withdraw money, choose our 7 Day Notice Deposit Account.
At Anglo Irish Bank, we also offer a range of Fixed Rate Bonds. Click here for further details.
ACCOUNT FEATURES
About our Easy Access Deposit Account
- Available by post or telephone
- No notice required for withdrawals
- Same-day funds transfers*
- A minimum balance of £500
- A variable interest rate guaranteed to at least equal the Bank of England's base rate (until 1 January 2007)
- An interest rate that accrues daily
- Interest credited to the account annually on 31 March each year
- Annual statement issued in April each year
About our 7 Day Notice Deposit Account
- Available by post or telephone
- Seven days' notice required for withdrawals*
- A minimum balance of £500
- A variable interest rate guaranteed to at least equal the Bank of England's base rate (until 1 January 2007)
- An interest rate that accrues daily
- Interest credited to the account annually on 31 March each year
- Annual statement issued in April each year
*Funds will be sent on that day, or if that is not a business day, on the next business day provided the instruction is received before 2pm on that day. For the 7 Day Notice Deposit Account, funds will be sent by cheque or electronic transfer on the 7th calendar day, or if that is not a business day on the next business day. Please note: BACS transfers usually take 3 working days to become available in your nominated account after the day of transfer.
CURRENT INTEREST RATES
Easy Access Deposit Account
- 5% per annum/AER*. (4% net per annum) Interest credited to the account annually on the 31st March, or the nearest working day.
7 Day Notice Deposit Account
- 5.05% per annum/AER*. (4.04% net per annum) Interest credited to the account annually on the 31st March, or the nearest working day.
Please click here to view our historic interest rates.
*Subject to tax at the lower rate. Terms and conditions apply. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
Your Anglo Irish Bank Personal Deposit Account
Easy to open, Simple to operate
OPENING YOUR ACCOUNT
There are four straightforward steps to opening a Personal Deposit Account with Anglo Irish Bank.
- Apply online using our Internet Application Form or download and print our user-friendly application form in PDF format
(This form is provided in Adobe Acrobat PDF format. If you do not have a copy of Acrobat Reader click here).
- Compile the relevant identification documents. These must be originals.
- Issue a cheque from your personal current account for your initial deposit. Click here for details.
- Send all of these to us at the following Freepost address:
Anglo Irish Bank Corporation plc
FREEPOST NAT16754
Banbury
Oxon
OX16 9BR
CONFIRMING YOUR IDENTITY
UK money laundering regulations mean that we have to ask you for proof of identity. We won't be able to open your account without the correct identification documents.
If you're already a customer of Anglo Irish Bank, you don't have to provide proof of identity or address.
If your application is in your name only:
We will need to see two forms of original address identification documents from the list below.
If your application is in joint names:
We will need to see two forms of original address identification documents for each applicant from the list below.
Proof of identity
We need to see two of the following five types of documentation for each applicant.
- An original bank statement from the account where your initial deposit cheque has originated, dated within the last three months
- An original Inland Revenue notice of tax coding for this current tax year
- Gas, electricity, water or land telephone (not mobile) original utility bill at your current address, dated within the last six months
- An original Council Tax bill at your current address for this current tax year
- Other original personal financial statements (credit card statement or another personal UK bank account) at your current address, dated within the last three months
We will return these documents to you within five business days of receipt.
HOW TO MAKE YOUR INITIAL DEPOSIT
By personal cheque for a minimum amount of £500
- Your cheque should be made payable to Anglo Irish Bank Corporation plc and marked 'a/c payee only'.
- No third-party cheques will be accepted, (i.e. company drafts, dividends or cheques drawn on other personal names).
- Your cheque must be drawn on a UK personal bank account.
- If your application is in your sole name, your cheque should be drawn on a personal account in the exact name as the applicant. For joint applicants your cheque should be drawn on a joint personal account in the exact names of the applicants. (If you do not have a joint account, we will require a personal cheque from each applicant just for your initial lodgement).
INFORMATION ON YOUR ACCOUNT IS REGULAR, TRANSPARENT AND EASILY ACCESSIBLE.
- We will send you written confirmation of your new account number, initial deposit and the applicable interest rates within three business days of receiving your application
- We will confirm any transactions on your account
- We will tell you about any interest rate changes
- We will send you an annual statement in April of all transactions on your account for the previous year
- You can ask us for a Certificate of Interest at no charge by calling our Personal Deposit Account Team on 08454 55 22 22
- You can check our interest rates online
PUTTING MONEY IN
When operating your account we aim to make the deposits and withdrawals processes very simple and efficient.
As well as providing further personal cheques from your nominated UK personal current account, you may also make lodgements by post or transfer to your account, using these three alternatives:
(a) Bankers or Building Society Draft
(b) BACS (3 Day Electronic Bankers Transfer)
(c) CHAPS/SWIFT Payment (Same Day Electronic Transfer)
TAKING MONEY OUT
With our two deposit accounts you are not tied in to lengthy notice periods. Your money is accessible immediately with the Easy Access Account, and with just 7 days' notice with the 7 Day Notice Deposit Account. It couldn't be easier, or faster, and you're always earning a high rate of interest.
- Call our Personal Deposit Team on 08454 55 22 22
(8am - 8pm, Monday to Friday, excluding bank holidays in England and Wales).
- Electronic payments will only be made to the bank account from which your initial lodgement originated.
- Cheques will only be made payable to the same name as the account holder.
- Once we have confirmed your details and characters from your nominated password, the withdrawal request will begin its notice period (if any).
- Please note that no withdrawal slips are required.
Easy Access Deposit Account
- No notice is required for withdrawals
7 Day Notice Deposit Account
- 7 days' notice is required for withdrawals
YOUR MONEY IS SAFE WITH US
Anglo Irish Bank Corporation plc was founded in 1964. We are one of the best performing banks in Europe, providing our customers with a broad range of financial services, including bespoke business lending, wealth management, personal deposit and corporate treasury services.
The Bank's shares are listed on both the London and Dublin stock exchanges.
The Bank is regulated by the Irish Financial Services Regulatory Authority as a European Authorised Institution. Within the UK, the Bank is also regulated by the Financial Services Authority (FSA) in respect of its UK business and is a member of the Financial Services Compensation Scheme and the Financial Ombudsman Service in the UK.
Anglo Irish Bank is authorised by the Financial Services Authority to receive deposits in the UK.
Anglo Irish Bank Corporation plc is a member of the Financial Services Compensation Scheme in the UK. Payments under the scheme are limited to 100% of the first £2,000 and 90% of the next £33,000 of a depositor's total deposits with Anglo Irish Bank Corporation plc, subject to a maximum payment to any one depositor of £31,700.
|