Business Savings

EGTBANK BUSINESS PRESTIGE*

Minimum to Open: £500.00
Interest: Compounded daily on available balance and paid quarterly.
Maintenance Fee:
     Average daily available balance ≥ £300: NO FEE
     Average daily available balance < £3000: £4.00/month
Activity Charge:
     First three withdrawals/transfers per month: NO CHARGE
     Additional withdrawals/transfers per month: £2.00 each

BUSINESS CERTIFICATE OF DEPOSIT

Minimum to Open: £1,000.00
Interest: Compounded daily and paid by credit to another account or capitalized to the CD (account holder’s choice)
Maintenance Fee: NONE
Activity Charge: Penalties apply for early withdrawal


*Disclosure: For all Money Market and Savings accounts there is a Regulatory Limit of 6 transfers and/or withdrawals per month to another account at our bank or to a third party by means of preauthorized or automatic transfer, Online Banking or telephone agreement order or instruction, or by check, draft, debit card, or similar order to third parties. No regulatory limits apply to in person transfers or withdrawals. However, excess activity fees will apply.

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EGTBank offers three types of checking accounts to meet the needs of all sizes of businesses.

As a business owner, you want convenient forms of payment that give you the buying power you need. At EGTBank both personal and corporate Visa cards are available.

EGTBank offers a variety of financing options to business owners looking to refinance, apply for a line for credit, or to secure loans to meet short-term and long-term capital needs. Our local ownership and decision making allow us to customize solutions for all of your borrowing needs.

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