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Small Business

Bid Term Accounts

A deposit account for customers with surplus funds who wish to invest at money market rates.

  • Fixed term deposits remain unchanged until the maturity date removing uncertainty.
  • Attractive Money Market rates of interest.
  • Quotes available for non-standard terms.
  • Improves ability to plan future cash flow and accurately forecast returns.
  • Quotes are available for up to five years.
  • Interest paid net or gross subject to tax status.
  • Various minimum opening balances apply depending on term.
  • You do not have to be an existing customer of the Royal Bank of Scotland to open a Bid Term Account.

The following options are available:

  • Overnight
  • 1 Month
  • 2 Months
  • 3 Months
  • 6 Months
  • 9 Months
  • 12 Months
  • Other terms available upon request.

To find out more contact your Relationship Manager or go to the contact us button at the top of the page.

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