Corporate Savings Accounts
If you are a UK registered business or charity planning to hold more than £5 million within Reliance Bank, then subject to AML and KYC checks, you could be eligible for our corporate savings accounts. These exclusive accounts may offer more competitive interest rates than our standard business and charity savings accounts.
Our Corporate Savings Account Options
Corporate Fixed Term Deposit Account
- Save money for a set period with a fixed interest rate.
- Choose the term from our offering that best suits your needs.
- Know how much interest you will earn by the end of the term.
- You can manage your account online via our digital banking portal.
- Not recommended for those who need access to their funds.
Instant Access Corporate Savings Account
- Easy access to funds without notice.
- Earn interest where current accounts would not.
- You can manage your account online via our digital banking portal.
- Lower interest than our corporate fixed term accounts.
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if we as a Bank fail to meet our financial obligations. In general, all retail depositors and businesses are covered by Deposit Guarantee Schemes. Exceptions for certain deposits are stated on the website for the Financial Services Compensation Scheme.
Why choose a Reliance Bank Corporate Savings Account?
More competitive interest rates than our standard business or charity savings accounts
Ethical banking where your deposits help fund community projects
Dedicated relationship support for corporate customers
Savings with Purpose
Reliance Bank has been at the forefront of social impact banking since 1890, when we were founded as the bank for The Salvation Army. Ever since, we have been delivering positive societal outcomes aligned to the mission of The Salvation Army.
Your deposits with us directly contribute to:
- Funding food banks that reduce hunger in communities.
- Helping community centres that allow young people who feel abandoned by society, by school, by family, the opportunity to feel cared for and included.
At Reliance Bank, we call it Giving Money Meaning.
If you’d like to find out more about Reliance Bank and how we align ourselves with the Salvation Army’s mission, please visit our webpage About Reliance Bank
How to Apply?
Opening a corporate savings account is simple. If you are interested in applying for a corporate account or want to find out more information, please contact our Customer Experience Team (CET) here. In order for us to get you to the right person, we may need to ask you a few questions.
- Call on 020 7398 5400.
- Email at businessaccounts@reliancebankltd.com
You can also apply by completing our online application using the “Apply Now” button.
Not Eligible?
If you are not eligible for one of our corporate savings accounts, then you may still be able to open a business or charity savings account. More information on the full range of our business and charity accounts can be found here –
Explore our other range of Business and Charity Products
We are proud to be the bank of The Salvation Army International. Find out more about our shared history.
We are proud to be the bank of The Salvation Army International. Find out more about our shared history.