Business Savings
Your company’s deposits accounts are probably its most used financial tools.
At Femco Bank we offer commercial checking accounts to help make your financial management
and planning for the future much more efficient and easier on you.
Femco Statement Savings
This commercial interest-bearing account is intended for eligible business entities.
Transfers from the account are limited to six (6) during each four-week period or similar period. A minimum daily balance of £200.00 is required to avoid the monthly service fee.
A £4.00 service fee applies in any month where the account balance falls below £200.00 on any day. A £2.00 fee may apply to each withdrawal that exceeds the permitted transaction limit.
Interest, transaction limits, fees, eligibility, and account availability are subject to the applicable account terms and disclosures.
Femco Commercial Money Market
This commercial interest-bearing checking account is available to eligible business entities.
Interest may be paid at the applicable rate in accordance with the account terms. Pre-authorized transfers, including transfers made by check, draft, debit card, or similar payment order to third parties, are limited to six (6) per statement cycle.
A £10.00 monthly service fee applies if the account balance falls below £2,000 on any day during the statement cycle. A £5.00 fee may apply to each withdrawal that exceeds the permitted limit of six (6) withdrawals per month.
Interest rates, transaction limits, fees, eligibility, and account availability are subject to the applicable account terms and disclosures.
Femco Commercial Money Market Plus
This commercial money market account may offer additional features, subject to the account terms and availability.
A premium interest rate may apply to balances of £25,000 or more. If the balance falls below £25,000, the standard commercial money market interest rate may apply.
Pre-authorized transfers, including transfers by check, draft, debit card, or similar payment order to third parties, are limited to six (6) per statement cycle.
A £15.00 monthly service fee applies if the account balance falls below £5,000 on any day during the statement cycle. A £5.00 fee may apply to each withdrawal that exceeds the permitted limit of six (6) withdrawals per month.
Interest rates, balance requirements, transaction limits, fees, eligibility, and account availability are subject to the applicable account terms and disclosures