Depositing money

Tailored savings

Our deposit accounts are available for clients who have a current account. We have deposit accounts for individuals, and for other entities including charities, trusts and limited companies. While we are able to tailor solutions individually, some services that clients typically use are:

  • Call (Instant Access) accounts: These offer a competitive rate for those who want the freedom to withdraw their funds at any time. There is no minimum amount required to open a call account. Interest from these accounts is paid monthly, and these accounts have a variable rate of interest, where the interest rate changes typically as a result of changes to the Bank of England base rate.
  • 95 Day Notice accounts: Accounts with an increased rate of interest, for those who do not need instant access to their funds. Interest from these accounts is paid monthly, and Notice accounts require a minimum of £50,000 to open and maintain. These accounts have a variable rate of interest, where the interest rate changes typically as a result of changes to the Bank of England base rate.
  • Term accounts: We can tailor fixed-term, fixed-interest deposit accounts for any period up to 1 year. These accounts also require a minimum of £50,000. Interest from these accounts is paid at the maturity of the agreed term.

To find out more, please get in touch. If you'd like to read about how clients are able to deposit funds into a trust, please see the following case story.

Deposit FAQs

"At Hampden & Co are my deposits protected by the Financial Services Compensation Scheme (FSCS)?"

Yes, eligible deposits with Hampden & Co plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. The FSCS is governed by specific rules on compensation which determines eligibility. We provide an information sheet and a list of exclusions from the Scheme to clients annually. Any deposits held above the £85,000 limit are unlikely to be covered. Please click here for further information or you can read more at www.fscs.org.uk

"What is the right mix of deposits across accounts with different terms and notice periods and instant access?"

There is no one right answer for every person, and your Private Banker will help you find the right mix of deposits for you across our range of accounts, so that you end up with deposits tailored to your individual requirements.

"Do you accept deposits for charities, trusts and businesses?"

Yes, we can arrange tailored deposit facilities for charities and commercial organisations. Providing deposits for trusts is something that we have had particular interest in, and can help arrange these in a straightforward manner, frequently finding ways to make this as easy as possible for clients and their advisers in emotional and sensitive circumstances.

Your eligible deposits with Hampden & Co plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. The FSCS is governed by specific rules on compensation which determines your eligibility. An information sheet and a list of exclusions from the Scheme will be provided to clients annually. Any deposits you hold above the £85,000 limit are unlikely to be covered. Please click here for further information or www.fscs.org.uk

Get in Touch

If you would like to discuss banking with Hampden & Co, please complete the form with your details. Alternatively, call us directly at the one of the numbers below. We look forward to hearing from you.

If you wish to report a lost or stolen card or think that your card details or PIN have been compromised, please contact our Cards Centre immediately on +44 (0) 345 601 1107.

If you are experiencing problems with our Internet Banking service, or if you are concerned that your account details have been compromised, you have lost your chequebook, or believe that a transaction on your account may be fraudulent, please contact your Private Banker as soon as possible.

Email

contact@hampdenandco.com

Please be assured that after you submit your form, we will only use the information you have provided to us to respond to your enquiry.

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