Notice Account

We offer two different postal notice accounts. They are ideal for those that can plan ahead for when they need access to their money.

Postal 32+

  • 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 £1
  • All withdrawals are subject to 32 days’ notice
  • Withdrawals can be instructed by post or by telephone
  • Telephone withdrawals will be paid into a pre-nominated bank account
  • Postal withdrawals can be payable to anyone, and can be made by bank transfer or cheque
  • Interest calculated daily and paid annually

How to Apply

Personal Savings Allowance

From 6 April 2016, individuals earn interest on their savings tax free up to a certain amount. The allowance depends on the individual's income: basic rate tax payers are able earn up to £1,000 in savings interest tax free and higher rate tax payers are able to earn £500 tax free. Additional rate tax payers do not have a Personal Savings Allowance.

Kingdom Bank pays all savings interest gross - meaning that there is no tax deducted.

This means that individuals who exceed their Personal Savings Allowance, or who do not have one, will owe tax on some, or all, of their savings interest. For more information please see the latest Government information at www.gov.uk/government/publications/personal-savings-allowance-factsheet, or contact HMRC at www.gov.uk/contact-hmrc or on 0300 200 3310.

Thank you Kingdom Bank for your support and encouragement in mission work in the UK.

Start kingdom banking

Discover how we really are different. Get in touch and one of our helpful team will help you find the right solution for your banking needs.