Notice Account

Notice accounts are ideal for those that can plan ahead for when they need access to their money.

Church and Charity Postal 45 (0.30% Gross/AER)

Interest rates viewable here.

  • Deposits can be made by post, standing order or your own internet banking at any time
  • Interest is payable from the date of receipt of all deposits
  • Minimum balance £25,000
  • Maximum balance £250,000
  • All withdrawals are subject to 45 days’ notice
  • Withdrawals instructed by post
  • Postal withdrawals can be made by bank transfer or cheque. All withdrawals must be made to an account in the same name. We will not permit a withdrawal to a third party by any method.
  • Interest calculated daily and paid annually

How to Apply

Summary box for the

Church and Charity Postal 45 (0.30% Gross/AER)

What is the interest rate?

The interest rate is a bank managed rate of 0.30%.

Changes to the managed rates will become effective as per the Terms & Conditions and will be notified in accordance with the General Terms and Conditions. Interest accrues on the daily balance at the rate notified to you from time to time.

Interest is compounded to the account on the 31st December each year.

Can Kingdom Bank change the interest rate?

Yes. As this account pays a variable rate of interest it can change over time. We’ll always let you know of any planned changes to the rate. Our account conditions explain when and how we do this. For example we might review the interest rate if the Bank of England base rate changes.

What would the estimated balance be after 12 months?

If you deposit £25,000.00 when you open the account, the balance after 12 months will be £25,075.00.

This assumes:

  • You don’t withdraw any money and interest is paid into this account.
  • The interest rate stays the same.
  • You don’t add any more money.

How do I open and manage my account?


Churches / Charities registered on the Charity Commission website, exempted charities can request this account. We will not unreasonably withhold the account unless we are not able to adequately identify the charity and its representatives.

You must open the account with at least £25,000.00 and no more than £250,000.00.

No account can be opened until a correctly completed, signed and dated application form is received in the post together with our other standard account opening forms and our performing all preliminary identification and other checks to our satisfaction. We will also require a completed and signed Mandate form.


Deposits can be added at any time, by post, standing order or your own internet banking.

Information can be requested on the phone but all instructions should be sent to us in the post.

As with all accounts for organisations, there are some rules:

  • All instructions should be authorised by the correct number of signatories, in accordance with the latest Mandate.
  • If you change your mind, you can advise us in writing and we will cancel the account free of charge within 14 days of opening.

Can I withdraw money?


You can make withdrawals from this account by giving 45 days notice and there is no charges for doing so.

You should instruct us in writing about any changes and / or to request a withdrawal.

No charges or penalties (except those referred to in out terms and conditions where we permit early withdrawal at our discretion and any charges on transfer before maturity or notice period served) apply to these accounts.

All withdrawals must be made to an account in the same name. We will not permit a withdrawal to a third party by any method.

Additional information

Savings terms explained

AER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account which shows an interest rate, you will see the AER. This means you can use the AER to compare accounts. It shows what the interest rate would be if your interest was paid and compounded once each year.

For more definitions, view our savings glossary.

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