Cash deposit service
Cash is a really important part of your business finances and growth plans.
Most SMEs don’t have the luxury of a dedicated Finance Manager who can move and manage your cash to maximise returns or minimise bank credit risk.
In fact, finding the best interest rates, spotting opportunities, and opening and closing multiple accounts could be a full-time job in itself. Nonetheless, you want to make your cash work as hard as possible, without compromising security and accessibility.
We have a simple, innovative solution. Our SJP Cash Deposit Service, powered by Flagstone, allows you to manage your cash confidently and flexibly online.
If you have over £250,000 in cash holdings, you can compare, open, and manage multiple deposit accounts easily and efficiently. You have 24/7 access to all your accounts in one place. You can move cash to take advantage of better interest rates at more than 50 banks and around 450 instant access, notice and term accounts. And, by diversifying your cash assets between different accounts, you’re spreading your risk.
SJP’s Cash Deposit Service, powered by Flagstone, gives you exclusive access to some deposit rates which are not normally available to clients on the High Street.
You fill in a one-time-only application form – and that’s it. You won’t need to complete more forms whenever you want to switch between banks. Less paperwork is better for every business.
Please note that this service is separate and distinct to those offered by St. James’s Place.