Close

What happens if I don’t provide any maturity instructions?

POSTED: 1st June 2016
IN: Business Savings FAQs
Share:

If you have a Fixed Rate Account or a Fixed Rate Account with access and you do not advise us of your maturity instructions, your account will roll into another Fixed Rate Account or Fixed Rate Account with access of the same or similar term.

Interest will automatically be paid into your new account and will be paid monthly, irrespective of any previous instructions you have given us. If you wish to change where the interest is paid to, you can do so by logging into Internet Banking, clicking on the relevant account in the Accounts page and clicking on the Interest Payment Instructions link in the Account Tools section.

If you have a Customised Fixed Rate Account and you do not advise us of your maturity instructions we will automatically return your money to your nominated business bank account.

Can We Help With Anything Else? Email Us Call Us: 01733 821 321

More FAQs

Popular FAQs

Security

About Aldermore

  • Operating My Account
  • Business Savings
  • FAQ

Published: