Instant access to your business funds.
Make your money work harder.
A deposit account is a perfect complement to your current account, allowing you to maximise your funds by earning interest on surplus cash. Understanding your financial priorities and having the flexibility to cater for both your business and personal needs is as important to us as it is to you.
Features and benefits
Instant access to your business funds
With no notice required and no withdrawal limits, your business funds are always within reach.
You can withdraw cash from any First Trust Bank branch. With a Select Account, you can earn interest on your savings, but still access your money whenever you need to.
Flexibility to save as little or as much as you want
With no minimum balance required, no maximum balance and instant access to your funds, this account is our most flexible deposit account.
The account is suitable for both lump sum and regular savings. Statements can be provided at a frequency that suits your business needs.
Tiered credit interest is paid annually
The Select Account offers a variable interest rate which is tiered, which means the more you save the more you earn.
Interest is calculated daily on all credit balances and is paid in April each year.
Lodge or withdraw money in branch or online
Lodgement and withdrawals can be made through any branch or via First Trust Bank iBusiness Banking (iBB). Lodgements can also be set up by standing order.
Open your account today
- To open a business Select Account, simply call into your nearest First Trust Bank branch or call us on 0345 6005 925† if you would prefer to make an appointment.
- We will need to see specific identification and legal documentation before we can open an account. If you are not sure what proof we accept, speak to a customer service adviser on 0345 6005 925†.
Select Account Summary Box
This summary box sets out key product features that apply to our Select Account product. You should carefully read this document along with the Personal Banking Terms and Conditions or Business Accounts Terms and Conditions to allow you make an informed decision as to whether this product is right for you.
If you require this summary box in PDF format, please download here.
Talk to us
We’re ready to help you start saving today.
Simply call 0345 6005 925† , or drop into any First Trust Bank branch. We’ll be happy to answer any questions you may have and help you find the right kind of savings account for your business.
† Lines open: 9am to 5pm Monday - Friday (except on bank holidays). Calls may be recorded. Call charges may vary - refer to your service provider.
Help and guidance
View the business accounts terms and conditions
Find out more about our deposit account rates
Fees and Charges
View the price list for business customers
Find out how savings can add up
Find out how we apply tax on savings in line with current legislation.
Foreign Account Tax Compliance Act (FATCA)
View information about the Foreign Account Tax Compliance Act and how this applies to business customers
Check what protection the Financial Services Compensation Scheme offers you.