| If you know that you will not need access to a sum for fixed period, you can obtain an attractive rate of interest with a term deposit. Business Term Deposits are suitable for most businesses with short-term surplus funds to invest, including companies, partnerships, sole traders, clubs and associations.
Save more, earn more
National Irish Bank's Business Term Deposits offer tiered interest rates, so the more you invest, the more you earn.
You may invest any amount, in excess of €5,000, for a variety of terms. The amount, term and interest rates are fixed at the time of deposit, so you know exactly what interest you will receive for the entire period.
Early redemption
Although your funds are invested for a fixed period, you can gain access to them if you need to. Withdrawals are subject to an early repayment charge to cover the costs of breaking the agreement.
Business Term Deposits are suitable for most businesses with short-term surplus funds to invest, including companies, partnerships, sole traders, clubs and associations.
On payment of an early repayment charge, National Irish Bank may at its discretion, permit one withdrawal of more than €1,000 to be made or the account to be closed before expiry of the fixed term. The early repayment charge payable will be calculated on the basis of €10 per €1,000 of capital withdrawn irrespective of when the withdrawal is made.
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