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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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