Savings FAQs

  • What is the maximum balance on a Skipton account?

    The maximum balance on an account is £5,000,000 / $5,000,000.

  • Can I view my accounts online?

    Yes, but you have to sign up for our online banking. 

    Please apply here. 

     

  • What is a cooling period in a bond?

    This is a period where you can either add or withdrawal your funds before they become locked in.

  • Can I add additional account holders/third party/power of attorney onto an account? – what is required?

    Yes, you will need to complete an application form found on our Forms and Documents page.

  • Can I transfer funds in between Skipton accounts?

    You can transfer to any longer term notice account or to a longer term bond within the same currency.  However, you cannot move from one bond to a longer term bond as your funds are locked in once the 14 day cooling period has ended.

  • Is there any charge for making a deposit into a Skipton account?

    No, Skipton International does not charge you for any incoming payments.

  • Are there any charges for withdrawing funds to my nominated account?

    We have two payment methods available when you request a withdrawal. The first is by BACS and takes up to three working days for cleared funds. There is no charge for this service. Alternatively we can offer a CHAPs payment. This ensures the funds will be in your account on the same working day provided the instruction is received by Skipton before 12pm on a working day. The fee for this service is £25.00.

  • How can I change my address?

    To change your residential or correspondence address please complete the form on the link below and return it to the address on the form. 

    https://www.skiptoninternational.com/media/iuqni0p2/changeofaddress.pdf