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Issue 209 Fixed Rate Bond Maturing 30th November 2027

On maturity 3.47% Gross pa/AER

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  • Summary Back Copy 2
    • What is the interest rate?

      3.47% Gross pa/AER

      Interest will be paid annually at 31 December and on maturity, 30th November 2027, into the account or into your nominated account stated on your application form. Monthly interest equal to the annual rate is available which must be paid into your nominated account.

    • Can Buckinghamshire Building Society change the interest rate?

      No, interest is fixed for the term of the account.

    • What would be the estimated balance at the end of the fixed term based on a deposit of £1,000?

      The estimated balance at the end of the fixed term based on a deposit of £1,000 would be £1,109.63.

      This estimation assumes that:

      • £1,000 is deposited on opening the account.
      • No additional deposits or withdrawals are made.
      • Interest is paid on 31st December and on maturity and added to the account.

      This projection is provided for illustrative purposes only and does not take into account your individual circumstances.

    • How do I open and manage my account?

      • This account can be opened online, in branch or by post.
      • We allow children over the age of 7 to open an account provided they do so in their own name. Only postal or in branch applications are accepted for anyone under the age of 16.
      • A minimum deposit of £1,000 is required to open the account.
      • You can make a cash deposit by visiting the branch, send a cheque made payable to the account holder or make a bank transfer.
      • If your application was made online the first payment into your account must come from your nominated account.
      • You can pay money in while the issue is still open up to a maximum of £500,000.
      • These are limited edition bonds which may be closed at any time, at which point further investments will not be permitted.
      • You can manage your account by post, in branch or online via mybbs.
    • Can I withdraw money?

      • You can withdraw your savings on the maturity date.
      • Part withdrawals and early closure are not permitted on a fixed rate bond.
      • On maturity you can transfer into one of our other accounts, subject to the Terms and Conditions of that account.
      • The Society will contact you before the maturity date to provide you with options. If you do not reply by the maturity date, we will transfer your maturing balance into our Maturity Easy Access Account to await your instructions.
    • Additional Information

      • Gross rate is the rate of interest payable before the deduction of tax. We will pay interest at the gross rate.
      • You may need to pay tax on any interest that exceeds your Personal Savings Allowance. For more information please contact HMRC.
      • AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.
      • This is a limited edition account and may be withdrawn at any time.
  • Important Information Back Copy 2

    You should read this information carefully in conjunction with our General Savings Terms and Conditions to ensure you understand them.

    Upon opening one of these accounts you will automatically become a member and be bound by the Society's Rules, a copy of which is available on request.

    In order to keep your money safe from fraud, we will use a Financial Conduct Authority approved electronic system to verify your identity. We also require a photocopy of your identification documents (this does not need to be certified). Our identification leaflet details the documents you will need to provide.

    If you wish a third party to operate this account on your behalf, a Power of Attorney should be in place.

    You can apply online by registering through mybbs, alternatively you can complete an application form by downloading it from the website or contact us and we will send you a form in the post. Please read and complete all sections of the form.

    Our standard 14 day cancellation period does not apply to Fixed Rate Bonds, so you cannot change your mind once the account is open and the application has been accepted. The money will remain in the bond until maturity.

    We have a complaints procedure designed to meet the Regulatory requirements, which we will provide on request or is available on our website www.bucksbs.co.uk. If you are unhappy with the way we have resolved your complaint you may be able to contact the Financial Ombudsman Service at www.financial–ombudsman.org.uk

  • How To Apply Back Copy 2

    To Open an Account

    You can apply online by clicking the button above or by downloading and completing the application form and returning it to us by post or to the branch.

    Financial Services Compensation Scheme

    You must read the Information Sheet which gives all the details of the FSCS and how you are covered.

    The FSCS is the UK's statutory fund of last resort for customers of financial services firms. This means that the FSCS can pay compensation to consumers if a financial services firm is unable, or likely to be unable, to pay claims against it. The FSCS is an independent body, set up under the Financial Services & Markets Act 2000 (FSMA).

    Verifying your Identity

    In order to help you to keep your money safe from fraud we verify the identity of all customers opening a new savings account with the Society. Click here to see the list of required ID documents.

    • What is the interest rate?

      3.47% Gross pa/AER

      Interest will be paid annually at 31 December and on maturity, 30th November 2027, into the account or into your nominated account stated on your application form. Monthly interest equal to the annual rate is available which must be paid into your nominated account.

    • Can Buckinghamshire Building Society change the interest rate?

      No, interest is fixed for the term of the account.

    • What would be the estimated balance at the end of the fixed term based on a deposit of £1,000?

      The estimated balance at the end of the fixed term based on a deposit of £1,000 would be £1,109.63.

      This estimation assumes that:

      • £1,000 is deposited on opening the account.
      • No additional deposits or withdrawals are made.
      • Interest is paid on 31st December and on maturity and added to the account.

      This projection is provided for illustrative purposes only and does not take into account your individual circumstances.

    • How do I open and manage my account?

      • This account can be opened online, in branch or by post.
      • We allow children over the age of 7 to open an account provided they do so in their own name. Only postal or in branch applications are accepted for anyone under the age of 16.
      • A minimum deposit of £1,000 is required to open the account.
      • You can make a cash deposit by visiting the branch, send a cheque made payable to the account holder or make a bank transfer.
      • If your application was made online the first payment into your account must come from your nominated account.
      • You can pay money in while the issue is still open up to a maximum of £500,000.
      • These are limited edition bonds which may be closed at any time, at which point further investments will not be permitted.
      • You can manage your account by post, in branch or online via mybbs.
    • Can I withdraw money?

      • You can withdraw your savings on the maturity date.
      • Part withdrawals and early closure are not permitted on a fixed rate bond.
      • On maturity you can transfer into one of our other accounts, subject to the Terms and Conditions of that account.
      • The Society will contact you before the maturity date to provide you with options. If you do not reply by the maturity date, we will transfer your maturing balance into our Maturity Easy Access Account to await your instructions.
    • Additional Information

      • Gross rate is the rate of interest payable before the deduction of tax. We will pay interest at the gross rate.
      • You may need to pay tax on any interest that exceeds your Personal Savings Allowance. For more information please contact HMRC.
      • AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.
      • This is a limited edition account and may be withdrawn at any time.
  • You should read this information carefully in conjunction with our General Savings Terms and Conditions to ensure you understand them.

    Upon opening one of these accounts you will automatically become a member and be bound by the Society's Rules, a copy of which is available on request.

    In order to keep your money safe from fraud, we will use a Financial Conduct Authority approved electronic system to verify your identity. We also require a photocopy of your identification documents (this does not need to be certified). Our identification leaflet details the documents you will need to provide.

    If you wish a third party to operate this account on your behalf, a Power of Attorney should be in place.

    You can apply online by registering through mybbs, alternatively you can complete an application form by downloading it from the website or contact us and we will send you a form in the post. Please read and complete all sections of the form.

    Our standard 14 day cancellation period does not apply to Fixed Rate Bonds, so you cannot change your mind once the account is open and the application has been accepted. The money will remain in the bond until maturity.

    We have a complaints procedure designed to meet the Regulatory requirements, which we will provide on request or is available on our website www.bucksbs.co.uk. If you are unhappy with the way we have resolved your complaint you may be able to contact the Financial Ombudsman Service at www.financial–ombudsman.org.uk

  • To Open an Account

    You can apply online by clicking the button above or by downloading and completing the application form and returning it to us by post or to the branch.

    Financial Services Compensation Scheme

    You must read the Information Sheet which gives all the details of the FSCS and how you are covered.

    The FSCS is the UK's statutory fund of last resort for customers of financial services firms. This means that the FSCS can pay compensation to consumers if a financial services firm is unable, or likely to be unable, to pay claims against it. The FSCS is an independent body, set up under the Financial Services & Markets Act 2000 (FSMA).

    Verifying your Identity

    In order to help you to keep your money safe from fraud we verify the identity of all customers opening a new savings account with the Society. Click here to see the list of required ID documents.

Need some help?

Call us: 01494 879500  Email: info@bucksbs.co.uk  or visit our branch

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