Flexible Interest Bearing Current Account
In the current market, we understand that everyone has different business requirements. This is why Barclays Commercial has introduced a Flexible Interest Bearing Current Account (FIBCA) which offers a comprehensive range of payment services, reporting and the flexibility to move your funds around. Whilst FIBCA pays standard interest quarterly, you are also rewarded with an additional annual interest bonus on average balances held over 12 months*.
Key Features and benefits
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Available only for balances new to Barclays
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No minimum balance is required to open an account
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No restrictions on deposits or withdrawals
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A full range of payment functionality
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Variable standard interest paid quarterly
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An additional flexible interest bonus every 12 months
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Statements supplied annually or on request
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Funds can be accessed via:
- Cheque book
- BusinessMaster
- Business Internet Banking
- By phone
- In branch.
Rates
Standard interest is 0.1% AER/Gross pa and as published† for the Barclays Business Current Account with Credit Interest.
*The current additional interest bonus rates, available are 0.5% AER/Gross pa on average balances of up to £10m and 0.7% AER/Gross pa on average Balances of £10m+.
Factsheet
If you would like to know more about FIBCA, you can download our product factsheet†.
Barclays Commercial
If your business turnover is over £1m and you'd like to know more about our products and solutions, or how we can support your business, visit the Barclays Commercial Bank website.
Call charges and information.
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