Minimum and Maximum account balances

 

  1. The minimum and maximum amounts that can be held in a particular account are set out in the special conditions of that account.

  2. We can close an account if the amount in it is below the minimum for that account.  We will give you at least 30 days notice before doing this. During this period, you can pay in more money to bring the balance up to the minimum.

  3. The overall maximum holding by any one person in respect of all accounts with the Society is £1m for an individual and £5m for a company.

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