Why choose a Business Notice 35 Account for trusts?
- We have years of experience with accounts for trusts.
- You'll get interest paid on all balances.
- Withdrawals without any charges. Just provide us with 35 days' notice to get your funds.
- You can monitor all trust fund accounts you're responsible for through a single log-in to Internet Banking.
Interest rates
Business Notice 35 Account (Issue 6) - £ pounds
| Balance | Gross % p.a. | AER % p.a. |
|---|---|---|
| £5m+ | 3.59% | 3.65% |
| £1m+ | 3.35% | 3.40% |
| £0+ | 2.18% | 2.20% |
Rates may vary and are correct as at 15 January 2026.
- Interest rates are variable.
- Interest is calculated daily and credited monthly.
The gross rate is the interest rate we pay where no income tax has been deducted.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year.
Additional information
We'll open your new account within 5 days. It'll be quicker if you're an existing customer, opening an account with us in the same name, as long as your circumstances haven't changed.
Please make sure all sections of your application are complete, and you've attached the supporting documents listed within the Customer Identification Requirements (pdf) document. If anything is missing, this might cause a delay.
You can view a Business Notice 35 Account online or manage it over the phone or by post.
This account is subject to availability and may be withdrawn from sale at any time without notice.
For more support, read our Trusts frequently asked questions and Trusts glossary of terms.
We'll support you if you've fallen victim to a fraud. You can find out more about our approach to fraud, on our website.
Key information for your application
If you're a professional adviser and have an existing relationship with us, please contact your Relationship Director for more information. If you're a professional adviser and would like to find out more about establishing a relationship with Cater Allen, please contact us at capbcet@caterallen.co.uk.
It's important that you fully understand the account, interest rates and the relevant Terms and Conditions before submitting an application.
Please scroll down to 'Key documents' below, where you can download any important information about this account.
To view the interest rates for this account, scroll up to the Interest rates section above. To view all of our interest rates go to our Interest rates page.
Key documents
A guide to our complaints process (pdf)
File size: 84.1 KB
A guide to your account (pdf)
File size: 995.1 KB
Banking Tariff (pdf)
File size: 71.0 KB
Change of Details Form
File size: 137.2 KB
FSCS Information Sheet and Exclusions List (pdf)
File size: 572.8 KB
Helping you manage your non-personal account (pdf)
File size: 1.2 MB
Internet Banking registration guide (pdf)
File size: 699.5 KB
Sanctions Exposure Questionnaire (pdf)
File size: 1.6 MB