Saffron Building Society

Saffron Building Society

Phone: +44 0800 072 1100

Solicitors' Online Reserve Account [Issue 4]

Offering convenient online access, this account is a home for non-designated funds, this account offers easy access and an attractive interest rate.
Interest Rate
Annual Income 1.25% AER
Monthly Income 1.24%/1.25% AER
Minimum Balance
Age must be 16 or over.
Open with a minimum of £1,000 (a minimum balance of £1,000 must be maintained).
Deposit by electronic transfer from the Practice's main current bank account.
Access is online** at
Minimum £100 withdrawal.
Transfer money out to the Practice's main current bank account.
Your Interest can be paid monthly or annually and added to your account. Annual interest is paid on all credit balances annually on 31 December; monthly interest is paid on all credit balances on the last day of each month.
Maximum balance of £5,000,000.
You can have only one Solicitors' Online Reserve account.
You must be 16 or over to open this account.
Transactions can only be made online.
If your account falls below the minimum balance amount, you will earn a fixed rate of 0.05% gross p.a./AER* whilst the account is below the minimum balance.


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