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Make Your Money Work Harder: Move Funds to iFAST Global Bank and Lock in Fixed Returns
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iFAST Global Bank
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If you already use the iFAST ecosystem, you also have the option to move your money from your iFAST investment accounts into iFAST Global Bank and place it in Fixed Term Deposits, turning your money into fixed, predictable returns. This can be one way to earn returns on your money while keeping your savings with a UK regulated bank, if that suits your needs and preferences.
Seamless transfers with iFAST Global View
With iFAST Global View, you can link your iFAST Global Bank account to your existing iFAST investment accounts and see your total balance in one place. Once linked, you can transfer funds within the iFAST Group instantly and fee free, in multiple currencies such as GBP, USD, EUR, HKD, SGD, JPY, CHF and CNY.
This means you can easily move your money from your iFAST investment accounts into iFAST Global Bank.
Why consider moving funds into Fixed Term Deposits?
Fixed Term Deposits at iFAST Global Bank let you lock in a guaranteed interest rate for a chosen term, so you know exactly how much you will earn. Terms are available in multiple currencies. For example, some Fixed Term Deposits currently offer up to 2.00% AER on SGD and up to 4.00% AER on GBP and USD, depending on the selected term, alongside other currency options shown on our Savings & Deposit Account Interest Rates page:
Savings & Deposit Account Interest Rates
You can open Fixed Term Deposits directly from your iFAST Global Bank Multi-Currency Current Account via the app or online banking in few taps.
Your money is protected
iFAST Global Bank is a UK regulated bank. Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person.
iFAST Global Bank Fixed Term Deposits are subject to a fixed deposit term. Early withdrawal before maturity is not permitted unless under exceptional circumstances and may result in loss of all accrued interest. A 14-day cooling-off period applies from the date of application, during which you may cancel your fixed term deposit without penalty. More details can be found on our website at www.ifastgb.com. Deposits up to £120,000 are fully protected by FSCS (Financial Services Compensation Scheme). More details: https://www.fscs.org.uk/. T&Cs apply.
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iFAST Global Bank is a member of the Financial Services Compensation Scheme (FSCS).
iFAST Global Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 716167. We are registered in England and Wales, our company number is 4797759.
Please note that the provided details serve as general information and should not be considered as financial advice or endorsements. We strongly advise customers to diligently carry out their own research and consider seeking expert guidance for tailored financial choices.
