| Trust savings accounts are designed to help trustees manage money held on behalf of beneficiaries in a secure and responsible way. They provide a dedicated place to hold trust funds, separate from personal savings, while earning interest on balances. |
| These accounts can be used for a range of purposes, including holding funds from an estate, managing gifts held in trust or administering money for charitable or discretionary purposes. They are structured to reflect the legal responsibilities of trustees and the specific nature of trust arrangements. |
| We offer savings accounts for a range of UK-based trusts, allowing trustees to manage funds in line with the terms of the trust deed and applicable regulations. Trust savings accounts are not suitable for offshore trusts and are only available to eligible UK-based trust structures. |