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Can I open a Fixed Term Savings Account in trust?

Yes, a Fixed Term Savings Account can be opened in trust; however the following additional requirements apply:

  • The Fixed Term Savings Account can only be opened for a single or joint applicant.
  • The name on the Fixed Term Savings Account must be the same as the name on the Deed of Trust.
  • You will need to have a NatWest current account or a NatWest instant access savings account (excluding all Cash ISA accounts).