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We offer two types of bank accounts
suitable for new companies:
These two business accounts offer
competitive rates of interest and high levels of
service. They are suitable for limited companies,
partnerships, clubs and associations and self-employed
individuals.
Our fee for assisting you in opening
your new Company Bank Account - £120

Most business have straightforward
requirements for their business accounts. The
Corporate High Interest Account is the ideal choice
for receiving and making a small number of payments, as
there are no standing account charges.
Corporate High Interest Cheque Account
The Corporate High Interest Cheque Account is designed
for businesses which always maintain credit balances.
Created as one easy to use account to overcome the
inconvenience of having to transfer funds between a
current account and a stand alone deposit account, it
provides both an excellent return and free banking for
the majority of account holders.
Competitive interest rates In the Corporate
High Interest Cheque Account your money will earn
competitive, tiered rates of interest if you maintain a
balance of £1,000 or more. So the more money you hold in
your account, the higher the rate of interest you will
earn.
Free banking for up to 150 transactions
each quarter through the Corporate High Interest
Account - the most suitable account for
small-to-medium size businesses and organisations.
The Corporate High Interest Account
can be used as a business current account, a savings
account – or both. It is ideal for small businesses who
are looking for a current account with high rates of
interest, easy access and a superior banking service.
The Corporate High Interest Account
offers competitive rates of interest and high levels of
service. It is suitable for limited companies,
partnerships, clubs and associations.
Unlike many other banks, there are make
no standing account charges – and you get 150 free
transactions each quarter. Consequently, this account is
very popular.
Paying money in to your business account
is easy. Postage-paid envelopes are provided so you can
send cheques in as soon as you receive them. Also there
is free telephone banking, person-to-person, 7am to
11pm.
Designed as an easy-to-use account for
business banking, it overcomes the inconvenience of
having to transfer funds between current accounts and
deposit accounts. It also provides an excellent return
and free banking for the majority of account holders.
The key benefits are:

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High and tiered
rates of interest
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Interest credited monthly
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Cheque book
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Free
telephone banking
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£5000 minimum initial balance
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Free banking for up to 150 transactions a
quarter
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Free direct debit facilities
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Free standing order facilities
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Bill payment facilities
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Monthly statements
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Free postage paid envelopes
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Deposits are fully and unconditionally guaranteed
by Abbey National plc.
The Corporate High Interest Account
is ideal for businesses and other organisations who
are looking for a current account with high rates of
interest, easy access and a superior banking service.
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Business Reserve Cheque Account |
20 statement entries per month are free |
The Business Reserve Cheque Account
can be used as a business current account, a savings
account – or both. It is ideal for businesses and other
organisations that normally have a higher amount of
monthly transactions. An account designed to meet the
needs of larger businesses and organisations
Paying money in to your business account
is easy. Postage-paid envelopes are provided so you can
send cheques in as soon as you receive them.
Cater Allen's Business Reserve Cheque Account could
be ideal if you need an account with good interest
rates, easy access with a cheque book and superior
service levels. Remember too that, unlike many banks,
Cater Allen makes no standing account charges and
offers 20 free transactions each month (if a
balance of £10,000 or more is maintained).
The Business Reserve Cheque Account is suitable for
limited companies, partnerships, sole traders,
societies, clubs and associations. To summarise, this
account offers:
Competitive interest rates
In Business Reserve Cheque Account your money will earn
competitive, tiered rates of interest if you maintain a
balance of £10,000 or more. So the more money you hold
in your account, the higher the rate of interest you
will earn.
Business Reserve Cheque Account
The Cater Allen Business Reserve Cheque Account assists
you in maximising returns on your reserve funds by
offering highly competitive interest rates combined with
ease of access via a chequebook and VISA Card.
The minimum opening deposit for this account is
£10,000 but there are no further restrictions on
deposits or withdrawals. Statements are normally
provided monthly and free banking is offered for up to
20 transactions per month provided a minimum cleared
credit balance of £10,000 is maintained.
The Business Reserve Cheque Account is suitable for
limited companies, partnerships, sole traders,
societies, clubs and associations.

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High and tiered consistently competitive interest
rates
rates of interest
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Interest credited monthly
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No penalties or notice for withdrawals
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Cheque book, direct debits, standing orders
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Free
telephone banking
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£10,000 minimum initial balance
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Free banking for up to 20 transactions a month
(plus unlimited VISA transactions)
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Free direct debit facilities
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Free standing order facilities
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BACS, CHAPS and SWIFT facilities
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Monthly statements
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Currency banking services available in a choice of
currencies, Sterling, euro and US Dollars
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Free postage paid envelopes
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All deposits are fully and unconditionally
guaranteed by Abbey National plc
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Optional Gold Visa Card (subject to status) with
no annual fee - and denominated in sterling, euro or
US dollars
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Gold Visa Card - No annual fee
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Gold Visa Card - Free cash withdrawal at over
20,000 ATMs in the UK and 700,000 world-wide
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Gold Visa Card - Details of the VISA transactions
on bank statements
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Gold Visa Card - Minimum cash withdrawal £50,
maximum daily withdrawal £2,000
Cater Allen Gold VISA Card
The Cater Allen Gold VISA Card provides convenience and
cost savings for individuals and companies. As a
'three-in-one card' it can be used as a payments card,
cheque guarantee card and to provide extensive ATM
access world-wide. A bank account credit balance needs
to be maintained sufficient to cover spending at all
times, but interest will continue to be earned on all
VISA purchases until the end of the month. The card is
offered with the Business Reserve Cheque Account, Cash
Management Account, and the Charities' High Interest
Cheque Account.
The currency service combines the facilities of
each interest bearing account with money transmission
and foreign exchange services.
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Free switching between currencies
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Highly competitive exchange rates
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All or part of the funds can be denominated in £
Sterling, euro or US Dollars
The Business Reserve Cheque Account can be
used as a business current account, a savings account –
or both. It is ideal for businesses and other
organisations that normally have a higher amount of
monthly transactions.
Unlike many other banks, there are no standing
account charges – and you get 20 free transactions each
month. Consequently, this account is very popular.
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Verification -
About Cater Allen Private Banking
The facilities, service and interest rates offered by
the two cheque accounts might appear to be reason
enough. There are, however, other reasons to make the
switch:
Founded in 1816, Cater Allen are one of the UK’s
leading investment banking, corporate finance and
investment management groups.
Cater Allen Private Banking are committed to provide
you with a modern, efficient, competitive service and to
treat you as a valued client.
Cater Allen Private Bank trace their long and
respected financial history back to 1816. In almost 200
years of service, they have built an enviable reputation
for innovative thinking coupled with traditional service
values... and they take pride in the highly professional
and friendly banking service they provide to
individuals, businesses and other organisations.
Since 1997 Cater Allen has been a member of the Abbey
National Group, one of the UK's strongest banks. This
brings a major benefit to Cater Allen's clients because
all deposits are fully and unconditionally guaranteed
by Abbey National plc.
In 2001 their operations were considerably enhanced
by the acquisition of Fleming Premier Banking, a
highly-respected telephone banking business.
Their Aim
Their aim is to provide superior quality banking
services for individuals, businesses and other
organisations - such as pension funds, trusts and
charities - and they do this through a comprehensive
range of banking services, with the accent on easy
access, free banking and competitive interest rates.
Service matters
Everyone wants something different from their bank.
That's why they offer a broad range of services to suit
a variety of individual needs - for personal or business
use, for your everyday money and for your medium and
longer-term savings needs.
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they offer telephone banking, with real people you
can speak to - not automated responses. Calls to the
friendly and knowledgeable banking advisers are free
of charge within the UK. You can check your balance,
make transfers between accounts, pay bills and set up
direct debits or standing order-
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All enquiries and requests are answered by banking
advisers whose role is to ensure that your account is
run smoothly. This means you can be in constant touch
with your day-to-day finances, which is an important
advantage if you have a busy lifestyle and your
leisure time is at a premium.
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If you want to write to them with any questions
about your account, pay in a cheque or request a
withdrawal from a non-chequebook savings account,
simply use one of the free postage-paid envelopes they
provide.
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If you have a VISA Gold Card with them, it's
important to remember that, unlike many other banks,
we let you make charge-free cash withdrawals with your
card from any cash machine in the UK displaying the
VISA sign. There are more than 20,000 VISA cash
machines in the UK - and around 700,000 worldwide -
so you gain access to currency whenever you go abroad
on business.
Bank Verification
UK Resident - Private Individual
Verification needs to be achieved by as a
minimum·TWO separate checks from A below –
(must show same name and address as that being
registered):
A) Preferred forms of Manual Verification
– these are also requested on the application form
·Original Bank, Building Society or Credit Union
statement containing address (no more than 3 moths
old)
·Original Council Tax Bill (for current year)
·Original Inland Revenue Notice of Coding
·Original Credit Card Statement (no more than 3
months old)
·Original Utility Bill (no more than 3 months
old)
·Original Mortgage Statement from a recognised
lender (no more than 3 months old)
B) Electronic Verification is also
performed. Applications will not fail solely if
these cannot be satisfied provided that A has been
fully met and all other details are in order:
·Voters roll confirming that person of that name
lives at that address and
·Home Phone 192 phone check – ex-directory NOT
acceptable
In cases of difficulty where “A” and “B” are not
possible, consideration will be given to accepting
one of the following as a substitute for one of the
proofs at “A”
·Certified* copy of passport
·Certified* copy of current UK Photo-Card Driving
licence
·Certified* copy of current UK Driving licence
(old style)
*certified by an embassy, consulate or high
commission of the country of issue or by a solicitor
Non UK Resident - Private Individual
You need to supply one separate evidence of
identity in respect of your name and two separate
evidence of identity for your address. This can be
obtained by:
Name = Certified* copy of passport, national ID
card
*certified by an embassy, consulate or high
commission of the country of issue or by a lawyer or
attorney
Address =
·Original Bank, building society or credit union
statement containing address (no more than 3 moths
old)
·Original credit card statement (no more than 3
months old)
·Original utility bill (no more than 3 months
old)
·Original mortgage statement from a recognised
lender (no more than 3 months old)
PLUS confirmation from customer’s existing banker
confirming true name, forwarding address in UK.
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