is a savings bank account from the
Leeds Building Society that comes
minimum opening deposit
is £2500 which is also the minimum operating
balance required for you to receive
interest (which is paid annually)
The maximum investment
is £1M for a single account holder.
can also be opened as a joint account
which has an maximum investment
transactions (withdrawals & deposits)
are not allowed. In other respects,
it does act like a real bank account
in that you
can set up standing
direct debits, CHAPS and BACS.
is managed in branch or by post.
no monthly or
annual charges provided you remain in
As well as numerous
including their Current Savings Account
similar facilities to a bank account),
Building Society also
financial planning and even a credit card.
It is based in Leeds, West Yorkshire.
to UK bank account,
prepaid credit cards or
business bank accounts