Terms & Conditions
Our Investment Handbook and Investment Tariff contain important provisions affecting your account. Please read them carefully and keep them for future reference.
Product availability This product can be held until 31 August 2011, is a limited issue and may be withdrawn without notice. After the roduct is withdrawn, you will no longer be able to make further deposits into your account.
Minimum and maximum balance The minimum balance is £100. If you do not keep the minimum balance in it, your account will be closed. The maximum balance is £1,000,000. Additional deposits may be made, unless the product has been withdrawn, subject to the maximum balance.
Opening an account Individuals aged 16 or over can open this account on their own behalf. A corporate body or an unincorporated body may not open an account, and an individual cannot open an account as trustee for such organisations.
Withdrawals, closures and maturities No withdrawals are allowed and the bond must remain open for the full period to 31 August 2011. At the end of that period, balances will be transferred to one of our Instant access accounts. This means that you can then withdraw money without penalty.
Interest Interest is fixed and is calculated on a daily basis. Interest can be paid either annually or monthly. If interest is paid on annually it will be paid after close of business on 31 August 2010 and on maturity 31 August 2011. Interest will be paid to the Fixed Rate Bond account. See your Investment Handbook for further details. If you choose to have interest paid monthly, it will be paid after close of business on the 15th of each month commencing the month after the account is opened (please note that interest is sent to your account the first working day after the 15th and may not be received in your account for 2-3 days). It must be paid to another Dunfermline Building Society account (but not Dunfermline Direct accounts) or to a bank.
Other important information Dunfermline Building Society is a trading division of Nationwide Building Society which is authorised and regulated by the Financial Services Authority under registration number 106078. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority.
Head Office: Nationwide House, Pipers Way, Swindon, Wiltshire SN38 1NW.
We also have telephone-operated accounts – call Dunfermline Direct on 0845 345 04 09 for further details.
Interest rates correct at 14.05.10