Earl Shilton Building Society
Phone: +44(0)1455 844422
Fax: +44(0)1455 845857
Email: enquire@esbs.co.uk
Name
Foundation Account
Description
If you want to get into the idea of saving and managing your money; our Foundation Account could be for you.
Minimum Balance
£10,000
Conditions
-Minimum investment and operating balance £250, additional subscriptions from £1
-Maximum investment £10,000
-The Account may only be opened by under 18's, sole investors only
-3 withdrawals per year (1st March to end of February inclusive) subject to daily cash limits
-4th withdrawal closes account. A new one cannot then be opened for 12 months.
-The account is limited to one per investor.
-Interest is calculated daily and is variable. Interest is compounded annually on the last day of February and may only be added to the account.
-Proof of age will be required when opening an account.
-The account closes at age 21 and unless other instructions are received, the account will be transferred into an instant access account.
-Maximum investment £10,000
-The Account may only be opened by under 18's, sole investors only
-3 withdrawals per year (1st March to end of February inclusive) subject to daily cash limits
-4th withdrawal closes account. A new one cannot then be opened for 12 months.
-The account is limited to one per investor.
-Interest is calculated daily and is variable. Interest is compounded annually on the last day of February and may only be added to the account.
-Proof of age will be required when opening an account.
-The account closes at age 21 and unless other instructions are received, the account will be transferred into an instant access account.
Featured
Yes
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