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| BBVA Fixed Term Deposits |
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If you have surplus funds that you know you will not need for a period of time, you can place them on deposit so they can earn interest for your business. Again, you may have deposits in sterling, euros, US dollars and other currencies.
Setting up a deposit is very easy – you can choose between weekly, monthly, quarterly or longer. The interest rate depends on the amount. Many business customers opt for a weekly deposit – these normally run from Friday to Friday.
If you need access to the funds or wish to increase the deposit, just let us know by Thursday and we will modify it as required. Otherwise, we will renew it automatically for the same period. Each time we renew your deposit we will send you a confirmation showing the new period and the interest. |
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