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Banking Services from

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.

Type of account

Charges

Corporate High Interest Cheque Account

The first 150 statement entries per quarter are free. - £5,000 deposit

Business Reserve Cheque Account

20 statement entries per month are free. - £10,000 deposit

Our fee for assisting you in opening your new Company Bank Account - £120
 


Corporate High Interest Account
 

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:

Corp Acct Key Benefits

  • High and tiered rates of interest

  • Interest credited monthly

  • Cheque book

  • Free telephone banking

  • £5000 minimum initial balance

  • Free banking for up to 150 transactions a quarter

  • Free direct debit facilities

  • Free standing order facilities

  • Bill payment facilities

  • Monthly statements

  • Free postage paid envelopes

  • 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.

Acct Application Form click here


 


Corporate Account
 

account

charges

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.

Business Reserve Acct Key Benefits

  • High and tiered consistently competitive interest rates rates of interest

  • Interest credited monthly

  • No penalties or notice for withdrawals

  • Cheque book, direct debits, standing orders

  • Free telephone banking

  • £10,000 minimum initial balance

  • Free banking for up to 20 transactions a month (plus unlimited VISA transactions)

  • Free direct debit facilities

  • Free standing order facilities

  • BACS, CHAPS and SWIFT facilities

  • Monthly statements

  • Currency banking services available in a choice of currencies, Sterling, euro and US Dollars

  • Free postage paid envelopes

  • All deposits are fully and unconditionally guaranteed by Abbey National plc

  • Optional Gold Visa Card (subject to status) with no annual fee - and denominated in sterling, euro or US dollars

  • Gold Visa Card - No annual fee

  • Gold Visa Card - Free cash withdrawal at over 20,000 ATMs in the UK and 700,000 world-wide

  • Gold Visa Card - Details of the VISA transactions on bank statements

  • 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.
 

  • Free switching between currencies

  • Highly competitive exchange rates

  • 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.

Bank Application Form click here


Verification -
 


Cater Allen Private Bank Homepage 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.
 

  • 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-

  • 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.

  • 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.

  • 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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