Yes Kingdom Bank is a member of the scheme. See here for details.
Yes, specific forms are required to ensure we receive all the information required to run your account effectively. To make things easier for you, our product descriptions are all provided with links to application forms for all types of organisations. Please download the relevant form or call us and we will send the appropriate forms to you.
Yes. Simply go to the 'How to Apply' page. There you will find the applicable form(s) for the product, or you can call us on 0115 921 7260.
No. Kingdom Bank Savings accounts are designed to appeal specifically to churchgoers, Christian Churches and Charities, but any eligible UK resident or organisation may apply. We also make a special effort to help missionaries who sometimes find it hard to open an account.
This is an area we are looking into and we expect to be able to offer this service in the not too distant future.
We presently do not open current accounts.
Use one of the following methods:
Different account types allow various options - see relevant account for specific details. Withdrawal slips are available on request. Telephone passwords will be issued at account opening for Call Direct, Postal 60 plus, Postal 32 plus and Treasury Account customers.
Yes, we can open an account for your new group or organisation. Specific application forms and mandates are required to ensure we receive the necessary information to operate your account effectively. Call us and we can discuss the best way to do this, or you may simply choose the account type you wish to open and click "How To Apply" to download and print off the relevant forms.
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 donot have a Personal Savings Allowance.
Kingdom Bank pays all savings interest gross - meaning that there is no tax deducted.
Interest is paid gross on Individual Savings Accounts (ISAs), which are tax free accounts for personal savers only, and are subject to HM Revenue & Customs rules limiting the amount that can be saved in this way.
Charities and other not for profit organisations will have interest paid without deduction of tax. Please ask us if you are unsure whether your organisation qualifies.
Limited Companies receive interest gross but other businesses receive interest net of tax.
Initially, please get in touch. Every member of staff is trained to assist you, and we aim to resolve any issues that might arise as quickly as possible. In the unlikely event that you are still dissatisfied, please see our leaflet 'Your Guide to Customer Complaints' which provides details of how to pursue your complaint. We are members of the Financial Ombudsman Service.
The company is ethical by nature, dedicating its mortgage and lending capacity to provide funds to build and develop churches and Christian ministries within the UK.
Your accounts will earn interest from the day we receive your initial deposit.