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Business Finance

Treasury


MarketLink Account

What is it?

A Marketlink Account is a high interest, statement based account. The account is available to all business customers who wish to hold surplus current account funds at a higher interest rate.

Cleared balances in Marketlink Accounts earn interest and customers have instant access to funds via their branch or Internet Business Banking. The minimum balance to open a Marketlink account is £10,000.

Interest is calculated on a daily basis and varies according to the balance on the account.

Advantages of a Marketlink Account

  • All your money is working for you.
  • You can get instant access to your funds.
  • You can draw cheques on a Marketlink Account.
  • You can lodge money to your Marketlink Account at any branch of First Trust Bank.

Some other Marketlink Account features

  • Credit interest is calculated daily and credited to the account net of basic rate tax, where appropriate, at the prevailing rate, in March, June, September and December.
  • Markelink Accounts are not permitted to go into overdraft.
  • A statement showing your balances and transactions will be issued monthly, quarterly, or six-monthly as a minimum, depending on your choice.
  • Standing orders and direct debits are not available on the Marketlink Account.

 

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Terms and Conditions apply and are available on request.


First Trust Bank is a trademark of AIB Group (UK) p.l.c. (a wholly owned subsidiary of Allied Irish Banks, p.l.c.), incorporated in Northern Ireland. Registered Office, 4 Queen's Square, Belfast, BT1 3DJ. Registered Number, NI 18800. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. First Trust Bank is covered by the Financial Services Compensation Scheme, established under the Financial Services and Markets Act 2000.


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