The new Northern Rock savings account (http://www.northernrock.co.uk/
Withdrawals from E-Saver (Issue 6) can be made via a nominated bank or building society account without notice or charge (there is a £35 fee if customers choose to transfer via CHAPS). The minimum withdrawal is £1 for BACS transfers and £250 for withdrawals by CHAPS. Customers are able to view their transaction history online.
Additional deposits can be made up to the maximum balance of £100,000 by electronic transfer. E-Saver (Issue 6) is strictly a limited issue and will be withdrawn without notice.
This information is directed at professionals only and should not be relied upon by any other persons. It is not a financial promotion and should not be displayed as such.
Notes to Editors
*GROSS is the rate of interest paid to eligible non-taxpayers without deduction of tax. Please note interest will be paid net of tax unless applicant is eligible to receive interest gross and submits the required registration form
**AER stands for Annual Equivalent Rate and shows what the interest rate would be when interest is paid and added to the capital balance each year
About Northern Rock
Northern Rock plc is a new bank, authorised by the FSA as a deposit taker and mortgages (http://www.northernrock.co.uk/
Northern Rock continues to operate within the compensatory measures agreed with the EC as part of the State Aid approval announced in October 2009.
Northern Rock House
Newcastle upon Tyne
0191 279 4676