Introducing our latest Fixed Rate Bond account 2nd Issue for 2 issues only.
If you're looking for a safe home for that lump sum with a fixed interest rate for the term of the account, then look no further than the Buckinghamshire Building Society's 2nd Issue Fixed Rate Bond.
Minimum balance £1,000
Maximum balance £250,000
Operating the Account
Additional investments are not permitted into a Bond, but further accounts can be opened (subject to maximum savings limit).
Part withdrawals are not available. A Bond account cannot be closed until the maturity date.
On maturity you can transfer into any one of our other accounts. The Society will contact you prior to this to provide your options.
Our Fixed Rate Bond account can be operated either in person at our branches or by post.
The account can only be opened by UK resident individuals (not companies, charities, clubs, etc.) in single or joint names.
Interest Rates
Interest is fixed for the term of the account.
Interest will be paid on 30th September 2008
| 2nd Issue Fixed Rate Bond | ||||||||
| Effective 01 March 2008 | ||||||||
| Annual Interest | Yearly | Monthly | ||||||
| Amount Invested | A.E.R.% | Gross % | NET % | Gross / AER % |
A.E.R. % | Gross % | ||
£1,000+ |
6.09 |
6.00 |
4.87 |
--
|
-- |
-- |
||
Interest payable on maturity.
Interest is normally paid after tax has been deducted, although it can be paid gross upon completion of the appropriate form. By law, the Society must supply details annually to HMRC of all interest paid to its investors.
Identification
Go to the Important Information page for full details of the identification required to open an account.
Please note that, for legal reasons, we are unable to open an account unless valid identification is provided.
Other Information
Upon opening a Fixed Rate Bond account you will automatically become a Member and be bound by the Society's rules.
We operate a 14-day cooling off period, so if you decide to withdraw your investment you will receive back all your original capital plus any interest accrued.
In general, all new savers opening share accounts must agree to assign any future windfall rights. Please refer to the application form for further details.
The Society reserves the right to suspend or amend an issue of shares at any time without notice and potential investors should check that the required issue is still available.
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