The following type of Specialist Deposit Accounts are available from Bank of Ireland, to Trusts and Exempt Approved Retirement Benefit Schemes (e.g. SIPP, SSAS)

• Stand-Alone Trust Account
• Qualifying Time Deposit
• Managed Rate Notice Account

Stand-Alone Trust Account

• For professional firms on behalf of Trusts
• Minimum of 2 trustees usually required
• Interest paid monthly
• Interest paid Net†
• AER** set 0.3% below Bank of England Base Rate
• Minimum balance £1

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Qualifying Time Deposit

• Competitive Rates quoted daily
• Rate & term fixed at time of opening
• Interest paid Gross* on maturity
• Minimum balance £50,000
• Instructions at maturity can only be taken from a single signatory unless by prior written arrangement
• No withdrawals or deposits during the fixed term chosen.

Qualifying Time Deposit Procedure

1. Telephone 0845 602 6973 for rates
2. Remit funds by CHAPS to our Clearing Bank account by 15:00
   
   National Westminster Bank plc
   Bristol City Office
   PO Box 238
   32 Corn Street
   Bristol
   BS99 7UG
   
   Sort code: 56-00-05
   Account No: 41734599
   Account Name: Bank of Ireland Professional and Corporate Business
   
3. Once we receive your money we will open your account and send you a confirmation of your deposit
4. You will be contacted upon maturity to obtain instructions

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Managed Rate Notice Account

• For individuals, corporate bodies and professional firms
• Tiered Interest Rates
• Interest rates are set weekly, each Thursday, in line with current Money Market rates
• A guarantee that Gross* rate will not fall below Bank of England Base Rate plus 0.10% for balances of £500,000+
• 7 days notice is required
• Minimum initial deposit £500,000

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To enquire about any of the Deposit Accounts shown above click hereor call 0845 602 6973