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The 35 Day Business Savings Account (Issue 5)

Our savings account puts your business cash to work, while keeping it accessible at just 35 days' notice. It is an ideal balance.

At a glance...

  • Pay in from $10,000 up to $1m
  • Pay funds through a nominated business current account
  • Access for up to 4 authorised users
  • Click for more information.

Notice period

Interest payable

Interest rate

AER variable

Notice period
35 days
Interest
Annual
Interest Rate
0.70%
AER variable
0.70%
Notice period
35 days
Interest
Monthly
Interest Rate
0.69%
AER variable
0.70%
AER stands for annual equivalent rate. It shows what the interest rate would be if interest was paid and compounded once each year.
All interest rates are 'Gross' which is the rate payable without tax deducted.
Savings support area
How do I open a business savings account?

You can apply online from our website, or by post. To apply by post, please complete our application form below:

  • 35 Day Business Savings Account application form here

If you have any further questions, get in touch on +1 619 432 6620 or email info@gbwesternland.com .

What types of organisation can open a savings account?

You can open a savings account if you are a sole trader, limited company, partnership, limited liability partnership, club, society, association or charity.

Companies and shareholding companies must be United States registered. All beneficial owners and authorised users must be United States residents.

How many authorised users can I have on one account?

You can add up to four authorised users on your savings account. Any additional authorised users will need to be requested directly with us on +1 619 432 6620 or info@gbwesternland.com.

What checks do you do when assessing the application?

We have a responsibility to know our customers, so we will need to check the registered address of your organisation, as well as verifying the identity of all key individuals and organisations on the account (e.g. Partners, Directors, Members, Authorised Users, Beneficial Owners etc).

We do this by checking various electronic databases. If we are unable to verify your organisation or the individuals involved in its management or operation, we may ask you to supply us with some identity documents by post. We will not be able to open your account until we have successfully verified your details.

What is a nominated account?

When you apply for your business savings account we will ask you for the details of the business current account that you will use to pay into, and out of, your Global Bank of Westernland savings account.

We will make all payments through this account. Please get in touch directly or click to download and complete this form if you wish to change your nominated account.