Corporate Savings Accounts

Fixed rate fixed term and variable rate notice business savings accounts. Whatever your business saving needs, we offer sterling accounts designed with you in mind.

Fixed Rate: Fixed Term Deposit Account

Factsheet

Interest Rates Effective from 7th November 2024

Term 3 Years	Minimum balance £5,000 - £249,999 £250,000 - £499,999 £500,000 - £1,000,000	Annual Gross % p.a 3.30% 3.30% 3.30%	Monthly Gross % p.a 3.10% 3.10% 3.10%	Interest Payment Options Annually or Monthly
2 Years	£5,000 - £249,999 £250,000 - £499,999 £500,000 - £1,000,000	3.50% 3.55% 3.60%	3.30% 3.35% 3.40%	Annually or Monthly
1 Year	£5,000 - £249,999 £250,000 - £499,999 £500,000 - £1,000,000	3.60% 3.65% 3.70%	3.40% 3.45% 3.50%	Annually or Monthly
9 Months	£5,000 - £249,999 £250,000 - £499,999 £500,000 - £1,000,000	3.50% 3.60% 3.70%	3.30% 3.40% 3.50%	Annually or Monthly
6 Months	£5,000 - £249,999 £250,000-£499,999 £500,000-£1,000,000	3.50% 3.60% 3.70%	3.30% 3.40% 3.50%	Annually or Monthly

Interest can be paid monthly, annually or on maturity.

Apply as a Company or Partnership Apply as a Trust or Charity

Variable Rate: Notice Deposit Account

Factsheet

Interest Rates Effective from 13th September 2024

Term 180 Day	Annual Gross % p.a 4.60%	Annual AER % p.a 4.60%	Compounding Event 6 Monthly	Minimum balance £10,000
120 Day	4.50%	4.50%	6 Monthly	£10,000
95 Day	4.40%	4.40%	6 Monthly	£10,000

Interest is compounded semi-annually on 30th June and 31st December to the Notice Deposit Account.

Variable Rate: Notice Deposit Account effective from 9th December 2024

Term 180 Day	Annual Gross % p.a 4.10%	Annual AER % p.a 4.10%	Compounding Event 6 Monthly
120 Day	4.00%	4.00%	6 Monthly
95 Day	3.90%	3.90%	6 Monthly

Interest is paid semi annually on 30th June and 31st December on the account

Apply as a Company or Partnership Apply as a Trust or Charity

Fixed and Variable Rate Business Savings Accounts to suit your business

We offer competitive rates

Our rates are reviewed on a monthly basis to ensure they remain at the most competitive level.

We are well established

Conister Bank has been providing savings products on Island since 1935. We pride ourselves on being accessible to our clients and offering a first class personal service.

Savings Accounts to suit

We offer several saving options that suit your requirements including Fixed Deposit & Notice Deposit Accounts.

We are covered by the DCS

We are covered by the Isle of Man Depositors' Compensation Scheme (DCS). Maximum cover is £20,000 per entity per covered bank. Entities, include companies, trusts (including SIPPS), nominees, charities and partnerships. Further information please see: DCS.

We offer bespoke savings products

For large deposits, in excess of £1m, we can design bespoke savings products based upon individual circumstances.

Questions about Corporate Savings Accounts?

Apply

Step 1

Complete the Company/Company and Partnership,or Trust and Charity Deposit Application form, sign and send to us via email, post or visit our office in Victoria Street

Step 2

Your application will be reviewed and after receiving all of the required Customer Due Diligence (CDD) your new account will be opened

Step 3

Once your account is open funds can be transferred into your new account by cheque or bank transfer

Get help from our Corporate Savings Accounts team:

Get in touch

Need help with your business finance?

We’re here to help, whether you are new to Conister or a long-time customer, you’ll always be responded to by people who can answer all your queries.

I remember I purchased my first car with Conister in 1969. It was a Hillman Imp and cost £295.00!
John Quaye - Manx Independent Carriers

About Us

Conister Bank Limited is a wholly owned subsidiary of Manx Financial Group Plc, a publicly listed company on the London Stock Exchange Alternative Index Market (AIM).

Prospective depositors should satisfy themselves as to the financial standing of Conister Bank Limited and the Group based on publicly available information. The latest report and accounts are available from the links below.