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Monmouthshire Building Society Savings Account

monmouthshire building society

 

Monmouthshire Building Society

Escalator Instant

 

This is an instant access savings account from the Monmouthshire Building

Society that requires a minimum opening deposit of £100. The maximum

balance is £500,000. It can also be opened as a joint account.

 

You can apply for this account at any branch or agency, by post or online.

 

The account comes with a passbook and can also be managed in branch,

online or by post. Inward direct debits and standing orders are allowed.

 

You are allowed to make a maximum of 150 withdrawals in any financial year.

Any more than this and the account will be closed. A £100 minimum balance

must also be maintained at all times.

 

You can withdraw up to £350 in cash per day from a branch or agency.

Cheque withdrawals from a branch have no limit. The cheque limit at an

agency is £10,000. You can also make cheque withdrawals by post and

electronic withdrawals using the online banking facility.

 

Interest is calculated daily and credited at the end of the financial year.

 

The Monmouthshire Building Society was formed in Newport in 1869. They

are a mutual society and currently have 11 branches and 9 agencies in the

South Wales area.

 

This building society provides numerous other savings accounts (personal,

corporate and charity), a range of mortgages (including buy to let), insurance

and financial planning services.

 

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

 

 

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