Zenith Bank (UK) Limited


Thank you for choosing Zenith Bank (UK) Ltd.

Product Summary

Account name 2 Year Fixed Term Deposit
What is the interest rate? 1.82% AER: Interest is calculated daily and payable yearly
Can Zenith Bank (UK) Ltd change the interest rate? No: Once you transfer your funds into your fixed deposit account the rate will stay the same throughout the deposit term
What would the estimated balance be after 12 months based on a £10,000 deposit? After 12 months the balance of £10,000 would remain the same and the interest payable would be £182.00.
How do I open and manage my account? The minimum deposit for the online fixed deposit account is £1,000. The online fixed deposit account is only available by online application through this website. You may communicate with us by telephone, email or in writing. Instructions in relation to the account may only be provided by email or in writing.
What time period do I have to fund my deposit? Your transfer must reach us within 14 calendar days from application approval date to qualify for the interest rate you have applied for.
Can I withdraw money? This is a fixed term account therefore withdrawals are not permitted before the maturity date. When the deposit matures the funds will be transferred back to the bank account details provided by you in the online application.
The information provided above is a summary of the key features of the savings account and is not intended to be a substitute for reading the terms and conditions.

To complete your application you will require:

  • A valid email address which we can use to send you confirmation of your application.
  • Your UK postcode
  • A valid passport
  • A UK landline or mobile telephone number
  • The details of a UK Bank account from where you will fund your account
  • Adobe Acrobat reader installed on your computer to be able to read and agree to our conditions.

Your Money Is Protected

All the money you hold with us is protected up to £85,000 per applicant.