United Trust Bank Account Type

United Trust Bank offers a variety of account types tailored to meet the needs of different customers. The primary account types include:

• Fixed Term Bonds: These accounts allow customers to lock in their funds for a specified period, ranging from 6 months to 5 years, with competitive interest rates. For instance, the UTB 6 Month Bond offers a rate of 5.40% gross / 5.47% AER, while the UTB 5 Year Bond offers 5.75% gross / AER.

• Notice Accounts: These accounts provide flexibility with a notice period before withdrawals can be made. The UTB 30 Day Notice Account offers interest rates between 4.60% gross / AER to 4.70% gross / AER.

• Tracker Accounts: These accounts track the Bank of England base rate, allowing customers to benefit from variable interest rates. For example, the UTB 180 Day Notice Base Rate Tracker offers a competitive rate of 5.25% gross / AER.

• ISA Savings Accounts: These tax-efficient accounts include fixed term cash ISA bonds, such as the Cash ISA 1 Year Bond at 5.70% gross / AER.

• Charity Savings Accounts: Designed for charitable organizations, these accounts offer fixed term charity bonds with competitive rates, like the Charity 1 Year Bond at 5.00% gross / AER.

United Trust Bank Broker Account Opening Process

To open an account with United Trust Bank, follow these steps:

• Choose Your Account Type: Decide which type of account you wish to open, such as Fixed Term Bonds or Notice Accounts.

• Complete the Application: Click on the ‘apply’ button for the chosen account type and fill out the online application form. You can also access the application form directly here.

• Provide Necessary Information: Ensure you have the following information ready:

• Personal details (name, address, etc.)
• Nominated bank account details for fund transfers
• Identification documents as required

• Submit Your Application: After completing the application form, submit it online.

• Verification Process: United Trust Bank will review your application. If electronic verification fails, additional documents may be requested.

• Account Activation: Upon approval, you will receive details of your new account, including an agreement form that must be signed and returned. Ensure that funds are transferred from your nominated bank account within the specified timeframe to activate your account.

• Contact Support if Needed: If you have any questions during the process, you can contact United Trust Bank at 020 7190 5555 for assistance.