Skip to main content

Be the one to choose

Business Notice Accounts

If you can't commit to a Business Fixed Term Deposit Account but you don't need instant access to your cash, our Business Notice Accounts could be the ideal choice. Earn a higher interest rate than with our Business Instant Access Account when only having to provide 35, 60 or 95 days' notice before withdrawing the funds

Your savings, your choice

Choose from a notice period of 35, 60 or 95 days

Flexible saving

Make as many deposits and withdrawals as you like

Interest booster

Up your interest with our notice accounts

What you need to know

We’re up front with our customers about everything. We’ve created this handy summary of our Business Notice Account key features so you can see the important information from the get-go

Interest rates Interest payment frequency Notice period

1.85% - 2.35% AER* (variable)

Monthly 35, 60 or 95 days

The current rates are:

Notice period Rate
35 days 1.85% AER*
60 days 2.10% AER*
95 days

2.35% AER*

*AER stands for annual equivalent rate. It shows what the interest rate would be if interest was paid and compounded once each year. Variable means we change these rates and charges from time to time, or introduce new charges. If this means you’ll pay more, we’ll let you know beforehand.


Eligibility

You can apply for a Business Notice Account if:

  • You’re aged 18 or over
  • At least 50% of your business’s directors and beneficial owners – people who own more than 25% of the shares – are resident in the UK
  • At least 50% of the shares are owned by people who are resident in the UK

You don't have to have another Metro Bank account open in order to open this account.


Opening an account

Open in store – find your local store.

For more information please call the Business Team on 0345 08 08 508 or simply talk to your Relationship Manager.

Find out what you need to open an account


Deposits

You can deposit money whenever you want and you can make as many withdrawals as you want, as long as you provide 35, 60 or 95 days' notice. You don’t need to close the account even if you withdraw all the money. It stays open so you can starting putting money into it again whenever you like.


Notice periods & withdrawals

Partial and full withdrawals are permitted, but any withdrawal can only occur after the required number of days’ notice. Please note, if you think you’ll need access to your money without giving notice this product may not be appropriate for you and you may wish to consider our Business Instant Access Deposit Account instead.


Your account and tax

Since 6 April 2016 interest on savings has been paid without tax being deducted. For more information, please contact the Business Team on 0345 08 08 508.


Get all the details to read at your leisure

Download our PDF to read when you like - it contains all the ins and outs of our Business Notice Account.

Business Notice Account Details (PDF)(778KB)

Open an account

Come and see us in store

FAQs

How do I give notice?

You can give notice that you want to transfer money out of your Business Notice Account in store or by giving the Business Team a ring on 0345 08 08 508.  

Do I have to have another Metro Bank account to open a Business Notice Account?

No. You can open this account on its own.

Can I pay money to a non-Metro Bank account when the notice period is up?

Yes. You can choose an external account to pay your money to at the end of the notice period.

Can I withdraw money with less notice than I’ve agreed to?

No. You can't take money out earlier than the number of days you've chosen. 

Where can I find rates for business products that are now closed to new customers?

You can find the rates for any account that is not listed on the current rates page set out in Rates for Closed Business Products.

Your ways to bank

Online

Check balances, make payments, see transactions and open new accounts any time - all with Business Online Banking.

In-store

A friendly face and a quick answer - and all the usual payment services too. 

By phone

Talk to a real person in our UK contact centre. Click the button below to check when we're available.

Some more things you may like...

Saving with us

Fixed term deposits

With our Fixed Term Deposit Account you can decide how long you want to lock your money away for and with our fixed interest rate you'll know exactly what you'll earn.

Business banking

All deposit accounts

The right deposit account can help you reach your goals. See our range of deposit accounts that will make your money work harder.

Saving with us

Easy access to your cash

Get instant access to your cash 24/7.

FSCS

Protecting your money

Your eligible deposits with Metro Bank are protected by the FSCS.