Terms & Conditions
Relating to all Deposits placed with Close Brothers Limited 

The following terms and conditions form the basis of the obligations of the Treasury Division of Close Brothers Limited ("the Bank") and their depositor(s) ("the Account Holder") in relation to deposits placed with the Bank. These terms and conditions are to be read in conjunction with the terms and conditions provided in respect of any specific type of Account operated by the Bank.

If any additional terms and conditions relating to a specific Account or Accounts offered by the Bank are inconsistent with these general terms and conditions, then the additional conditions will apply and take precedence.

Click on any clause for full details. Click here to download full terms as a Word document (rich text format)

1. Definitions 26. Bank Charges
2. Opening of Accounts 27. Working Days
3. Money Laundering 28. Third Party Payment
4. Verification of Identity 29. Confirmations, Advices and Statements
5. Documentation 30. Minimum Required Balance on an Account
6. Change of Account Holder's Details 31. Closing of Accounts
7. Disclaimer on Advice 32. Foreign Exchange Dealing Service
8. Joint Accounts 33. Dormant Accounts
9. Undertaking by the Account Holder 34. Bank's Right to Decline Business
10. Indemnity by the Account Holder 35. Conflicts of Interest
11. Communications by the Bank to the Account Holder 36. Court Application
12. Value Dates 37. Applicable Law and Jusrisdiction
13. Liability of the Bank for Late Payment 38. Bank Confidentiality
14. Receipt of Deposits 39. Statement as to Standards of Banking Service
15. Foreign Currency Cheques 40. Data Protection
16. Unpaid Cheques 41. Financial Services Compensation Scheme
17. Interest Rates 42. Customer Complaints
18. Calculation and Payment of Interest 43. Recording of Telephone Conversations
19. Deduction of Tax from Interest Paid 44. The Bank's Website
20. Annual Tax Certificates 45. Accuracy of Information
21. Withdrawals from Accounts 46. Change of Terms & Conditions
22. Debit Balances on Accounts 47. Applicability of Terms and Conditions
23. The Bank's Right of Set Off 48. Acceptance of Terms and Conditions
24. Instructions to the Bank from the Account Holder 49. Availability of these Terms and Conditions
25. Instructions for Roll-Over of Fixed Deposits