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Fixed TermInterest Rates*1-Mth Fixed Term3.50% AER3-Mth Fixed Term3.75% AER6-Mth Fixed Term4.00% AER12-Mth Fixed Term4.20% AER24-Mth Fixed Term4.25% AER36-Mth Fixed Term4.25% AER48-Mth Fixed Term4.30% AER60-Mth Fixed Term4.30% AER*Interest Rates as of 04 May 2026
picture_as_pdfTerms & Conditions
Key Features Documents

Fixed Term Deposits

iFAST Global Bank is pleased to offer Fixed Term Deposits for small and medium-sized enterprises and corporate entities. You can place your funds in an account where you know:

  • When you will get your money back.
  • That the Interest rate is fixed and will not drop during the term.
  • How much interest you are going to earn.

We will write to you before the end of the term to see if you want to withdraw your funds or start a new Fixed Term Deposit.

Deposits with iFAST Global Bank are protected up to the sum of £120,000 as we are part of the Financial Services Compensation Scheme. To ensure you are eligible under the scheme, or if you would like more information, visit https://www.fscs.org.uk/

Our current products and services are as follows:

  • Fixed Term Savings Accounts only are not subject to fees. Rates can be found here: iFAST Global Bank (ifastgb.com)
  • Email support services are available from Monday-Friday between 9.00am – 5.30pm

Fixed Term Deposits Eligibility

  • check
    Aged 18 or over
  • check
    The Directors and Shareholders based in the UK
  • check
    Your business is a Limited Company
  • check
    The Directors and Shareholders are UK residents
  • check
    The Business is fully trading and holds another UK Business Bank Account
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What do we need to open your account

We will need proof of identity and proof of address for everyone involved in opening the business account; this will be taken electronically via our EKYC solution. The other documents we need will depend on your business type and our team will outline this for you.

Should you meet the account opening criteria outlined above, please email us at deposits@ifastgb.com and provide the information below for us to assess eligibility:

  • Full company name.
  • Company number and incorporation date.
  • Detailed description of business activities and services provided along with a link to your website (if available).