Island Business Tracker Account
An instant access account which pays interest at a rate related to the Bank of England Base Rate. Designed for businesses in Jersey, Guernsey and the Isle of Man.
Features and benefits
- Open an account with as little as £1.
- Interest is paid on your savings each month.
- Move funds between accounts.
- Access your money at any time.
- Available in Sterling.
- No maximum balance.
- Set up direct debits and standing orders.
- Overdrafts are not allowed on this account. This applies to authorised and unauthorised overdrafts.
To apply for an Island Business Tracker Account, you need to:
- Be registered in Jersey, Guernsey or the Isle of Man
- Use the account for business only
- Be a sole trader, partnership, limited company, general partnership or trust company
Interest is paid at a margin above or below the Bank of England Base Rate as agreed with your Relationship Manager.
Terms and conditions
Frequently asked questions
The minimum balance is £1.
There is no maximum balance for the Island Business Tracker Account.
You have instant access and in addition, you can make as many withdrawals as you like.
Interest is paid monthly, either on the 9th day of each calendar month or the next bank working day.