Current Account

Current Account

The account can be managed by a visit to any branch, by post or using Online banking facility provided with the account.

-ACCESS YOUR FUNDS USING INTERNATIONAL DEBIT CARD.
-CHEQUE BOOK ISSUED (subject to eligibility of the customer)
-DIRECT DEBIT FACILITY
-ONLINE BANKING
-FREE REMITTANCE FACILITY

£ 500

The current account is available to an individual aged 18 years or over who is ordinarily resident in the UK for tax purposes and has a permanent UK address.

No interest is paid on a current account.
An account will only be opened upon providing satisfactory identification and address verification documents together with proof of income, which may be in the form of a payslip. We may also carry out a credit check with a credit reference agency when you apply for a current account.
Account holders who maintain the minimum balance of £ 500.00 required for the account are eligible to transfer funds to bank accounts in India free of charge.

1. Special Presentation of a cheque
(quick confirmation of payment) - £20.00 per presentation
2. Standing Orders - FREE £10.00 if the standing order cannot be effected due to insufficient funds
3. Duplicate Statement of Account - £3.00 per page, minimum £5.00
4. Cheques/ Direct Debits returned unpaid by us - £12.00 per item
5. Cheques presented in clearing returned Unpaid - £10.00 per cheque
6. Stop payment of a cheque - £10.00 per cheque, Maximum: £50.00
7. Unauthorised Overdraft - If any of the account goes into overdrawing (without any sanction limit in place): 10% above the Base Rate for the number of days the account remains overdrawn.