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Ipswich Building Society Savings Account

 

ipswich building society

 

 

Ipswich Building Society

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This is an instant access UK savings account from the East Anglian Ipswich

Building Society. A minimum opening investment of £10 is required which is

also the minimum balance which must be maintained at all times. The

maximum investment is £250,000 (total allowed for all Ipswich savings

accounts). You get a passbook and the account is managed in branch

or by post.

 

You can also make payments into this Ipswich savings account by setting up a

standing order from your personal bank account. Deposits can also be made

into the account by BACS or CHAPS.

 

Up to £500 in cash or £100K by cheque can be withdrawn daily from any branch.

Respective amounts larger than this require notice. The minimum withdrawal by

cheque is £25.

 

Interest is calculated daily and is paid twice per year. Currently, however, the

rate is minimal.

 

The Ipswich Building Society began in 1849 and is a mutual organisation.

It offers personal savings accounts, mortgages, insurance (buildings & contents

and mortgage payment protection) and life cover to those in the Suffolk area.

 

As well as providing a variety of personal savings accounts such as easy access,

regular, fixed rate and ISA accounts, it also offers non-personal accounts

(i.e. business accounts) which not all building societies do. However, such

accounts generally can't be operated as a primary business current account.

 

They currently have 9 branches and 4 agencies. Most of their accounts are

available to anyone in the UK, not just those in the local East Anglian area.

 

Return to UK bank account, prepaid credit cards or business bank account page.

 

 

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