Fixed Rate Bond from Bath Building Society
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This product is currently unavailable, please contact us for alternative saving products

Account name

Fixed Rate Bond (Issue 8) introduced 1st August 2009

Interest rates

Fixed Rate

(AER)

Interest Tier

Gross%

AER%

Net%

Annual/Monthly

Annual/Monthly

£1+

3.15 / 3.11

(3.15)

2.52 / 2.48

Tax Status

Interest is paid net unless a gross registration form has been registered

Conditions for
bonus payment

Not applicable

Withdrawal
arrangements

• 180 days gross interest penalty on withdrawals until maturity date

• Maximum cash withdrawal on demand £500 per day

• Maximum cheque withdrawal on demand is subject to branch/agency signing limits

Access

Post/branch/agency/Introducers


Interest rates fixed to 31st July 2010

Minimum opening balance £1

Minimum operating balance £1

Maximum balance £100,000 sole or £200,000 joint

Interest is calculated on a daily basis and will be credited annually at midnight (commencing 1st
August 2009) and up until midnight on 31st July 2010. Or if paid monthly, paid at month end,  compounded or transferred into another BIBS account or if paid by BACS (cleared funds in 3 working  days)

Upon maturity the funds are transferred Into a Lifestyle Instant annual account unless instructed  otherwise. Notice of maturity will be sent out 28 days before

Please note this Bond is a limited issue and can be withdrawn at any time without notice

In the event of the society closing this issue, no further funds will be accepted into existing accounts
If our Bond product is currently unavailable, contact our savings department for details of current alternative products
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