Services

Fiduciary Notice Accounts

Our 35 Day Notice account is available in Sterling and US Dollars with the following features:

  • Minimum opening deposit balance of £10,000 (US$10,000) for all customers
  • Maximum deposit balance of £5 million (US$5 million) for all customers, unless agreed with us in writing
  • Competitive variable interest rate applicable from the date of the account opening
  • Interest payable from the date we receive cleared funds into your 35 Day Notice Account 
  • Withdrawal and account closure subject to 35 calendar days prior written notice
  • Minimum withdrawals of £5,000 (US$7,000)
  • Interest paid quarterly on the last calendar day of March, June, September and December *

Credit interest rates may vary and will be updated online at www.caymannational.im

For more information about this account, please contact Colin Peters by email or telephone (see contact details below). You may also contact our Banking Team on +44 (0)1624 646900.

Please note that you may have a tax liability in your country of residence in respect of any interest received from Cayman National, and it is your responsibility to obtain the relevant tax advice, and to make any appropriate payments, returns and disclosures to the relevant tax authority in your jurisdiction of tax residency.

*Interest is paid gross 

Contact our Experts

Colin Peters ALIBF, PDipB&F, ACSI
Head of Banking

Colin has over 20 years of experience in the international finance sector, having worked for investment houses and trust companies before moving into banking in 2005, working for one of the major UK clearing banks in the Isle of Man. In 2011 he was seconded to Guernsey for 3 years as a Senior Relationship Manager within the bank’s Commercial Banking department, before returning to the Isle of Man in 2014. Colin has undertaken various roles within banking including business development, commercial lending, foreign exchange and liquidity management.

Colin is also involved with the Isle of Man Bankers Association and is a member of the London Institute of Banking and Finance serving as a committee member of its Isle of Man Branch. Colin also acts as a trustee on a couple of local charities.

The best way to learn more about how we can help is by calling us.
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