No faff. Just straightforward business savings accounts, and a competitive interest rate to boot. Why complicate things?
No one likes spending time managing their company savings. That's why, at Allica Bank, we focus on being two things: simple and rewarding.
It means you can get back to business – safe in the knowledge your company's excess cash is earning the rate your hard work deserves.
You can open an account with us entirely online with a deposit from £1,000 to £250,000. And we won't charge you a penny for doing so.
*AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.
In addition, all controlling persons and significant owners must be resident in the UK and over 18 years' old.
All our savings accounts are covered by the Financial Services Compensation Scheme (FSCS). This means that, should anything happen to Allica Bank, any eligible deposit of up to £85,000 will be protected.
Find out more about your eligibility for FSCS coverage here.
Allica Bank was built with the vision to empower small and medium-sized businesses to succeed.
We combine modern technology with local relationships and expertise to provide the tailored support we know our customers need.
Most of us are based in our Milton Keynes and London offices, although we have team members out on the road across the country helping businesses like yours.
No matter where we are, though, every one of us is committed to our four core values of: