Investec closing company banking facilities, alternatives ?

[swebb]

Hi,

I currently have a company deposit account with Investec but they have written to inform me that they are closing down all deposit accounts in a month which is a shame because they were paying some interest.

Does anyone know of any other banks that handle company deposit accounts and pay interest?

By the way I already have another deposit account with Santander but that is maxed out so I don't want to put any more in it.

Cheers for any idea's.

[Hex]

I used Shawbrook's 100 day notice account. Good service.

https://www.shawbrook.co.uk/business...otice-accounts

[swebb]

Great thanks for that I will take a look.

By the way I also found this.

Compare Business Savings Accounts at MoneySupermarket.com

Business Account | Compare Business Bank Accounts | Which4U.co.uk

[northernladuk]

Don't rely on the comparison sites. Santander isn't on there and they are offering 1.25%

Business Reward Saver: Santander

[swebb]

Yep already have a Santander account thanks. I'm trying to find places for my company money but i'm running out of places that pay anything and also the £85K limit of government cover is a pain in the backside.