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Branch Regular Saver

The Hanley Branch Regular Saver Account is specifically designed for customers who wish to save a regular amount every month. The account provides the ideal way to get into the savings habit.

Product Details


Summary Box
Key Information for our Savings Accounts

Account Name

Branch Regular Saver

Interest Rates (AERs)

Variable rate of interest. For current and previous rates of interest see our leaflet  ‘Savings Accounts Interest Rates’, visit www.thehanley.co.uk or telephone our Customer Services Team on 01782 255000.

Tax status

Interest will be paid or credited after the deduction of income tax i.e. net, at the lower rate of 20% or subject to the required certification, gross.

Withdrawal arrangements

5 penalty free withdrawals are available per Society year (1st September – 31st August).  Further withdrawals are subject to 30 days loss of interest on the amount withdrawn.£100 must remain in the account following a withdrawal.

Access

Transactions - Branch/Post
Account balance and transaction enquiries - visit www.thehanley.co.uk and register for our ‘My Accounts’ service.

Account Ownership

  

Customers may only hold one account either individually or jointly.

Product Availability

  

Restricted by Post Code
Please enter your Postcode to check availability.

Check Postcode

Minimum Opening Balance

  

£20 (£40 if joint).

Maximum Balance

  

£500,000.

Minimum Monthly Subscription

  

£20.

Maximum Monthly Subscription

  

£500.

Additional Investments

  

You can make more than one subscription per month providing the maximum subscription of £500 is not exceeded.

Interest Paid

  

31st August.

Interest Payment Options

  

- By adding to the account
- By transfer to another Hanley account
- BACS transfer to another bank or building society.

Notice to Withdraw

  

After 5 penalty free withdrawals all other withdrawals and closure are subject to 30 days loss of interest. The minimum account balance should remain at £100 following any withdrawal.

Withdrawal Restrictions

  

5 penalty free withdrawals per Society year (1st September to 31st August).

Account Operation

  

Direct Debit.
Branch Visit.
Post.
Internal Transfer from an existing Hanley Account.

Printer Friendly Details

  

Interest Rates

Branch Regular SaverCurrent Rates 
Annual InterestRates effective from: 01/04/2009 
BalanceGrossNettAER
£1.00 and above.                        1.60%1.28%1.60%