Natwest Notice Accounts 1 review
If you are seeking to achieve higher returns on your savings, but do not want to lock away your excess finances for long periods of time, then Notice Accounts could be apt for you. Liquidity Manager Notice Accounts are obtainable in three different notice periods, that is, 7 Days, 14 Days and 30 Days. You can choose from 7 days, 14 days or 30 day notice periods.
The term which is correct for you will be dependent on how supple you require your finances to be.
You will be able to withdraw your funds with no fee, when providing the relevant 7, 14 or 30 Day notice period before withdrawal. If it is necessary for you to access to your funds before the pertinent notice period has intervened then you can do so, but you will bring upon yourself an early withdrawal fee. This fee will be equivalent to the interest you would have earned during the notice period
Setting up an account is uncomplicated and you can apply straight away.
What Are The Benefits Of The Natwest Notice Account?
Te NatWest notice account is very beneficial. It is available in three notice periods. You can choose from 7 days, 14 days or 30 days notice periods. The interest is calculated on your daily balance, on a daily basis. The interest paid will be applied on the last business day of each month and calculated on the business day before.
In addition to all this, there is no minimum balance or maximum balance specified for this account. the higher interest rates apply for longer term notice accounts. the higher interest rates also apply for longer term notice accounts! the higher interest rates also apply to higher balances. An early withdrawal fee will apply when accessing funds without giving the full appropriate notice period.