Savings Product Range

Why save with Bank North?

By choosing to save with Bank North, you can put money aside for that once in a lifetime holiday, a deposit on a new property, or to keep it tucked away for retirement. All without the hassle. We offer fair interest rates so that we can support small and medium-sized enterprises (SMEs) in your local community

Overview of our product range

Bank North Friends & Family Fixed Rate Bond 0.00%

More Info

Fixed rate, fixed term product, and no withdrawals after the first two days until your account matures

FAQs

Q: How do I open a Savings account with Bank North?

A: To be eligible to open a savings account with Bank North, you must be a UK resident and over the age of 18. You will need a valid UK address and a UK current account in your name, which Bank North will use as your nominated account. If you are a non-UK citizen residing in the UK, you may need to provide additional documents to verify your identity.


Q: How do I make payments into my account?

A: You can transfer money from your Nominated Account using one-off electronic payments and regular standing orders, as well as from existing Bank North accounts in your name (subject to specific terms and conditions of products).

Simply make the payment in the normal ways your current account's bank allows, such as online, branch and telephone banking and set up your new Bank North account as a new recipient using the details below.

Make your payment using the details we provided at account opening, also provided below for ease:

Account name: Bank North Limited

Sort Code: 04 06 35

Account Number: 00000060

Payment reference: use the seven-digit account number we provided at account opening or in emails from us.

Please include the payment reference so we know it's you. If your payment reference is missing or wrong we'll send the funds back to you.

Q: Can I personalise my account?

A: Of course! You can personalise the name of each of your accounts to help you save. Just log in and choose the account you want to personalise.

For more FAQs, click here.

Your eligible deposits with Bank North are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Find out more here.

NACFB - Helping Fund Uk Business & FIBA - Financial Intermediary & Broker Association

Copyright © 2022 Bank North Limited. All Rights Reserved.

Bank North Limited is authorised by the Prudential Regulation Authority and authorised and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number 848024). Bank North Limited is a company registered in England and Wales (company number 11030672) and its registered office is Suite 20A, Manchester One, 53 Portland Street, Manchester, M1 3LD.

Bank North has been Authorised with Restrictions since 24th August 2021, at which point the firm entered a phase known as mobilisation. During this phase, the bank will be undertaking lending activities but will not be accepting customer deposits.