Our savings account allows your business to earn interest from your savings and make a real difference to society. We only fund socially minded organisations, so you can be safe in the knowledge that by saving with us, you’re helping others to make a difference too.
You’ll be able to access your account 24 hours a day from anywhere in the world and you won’t incur an account fee.
Please note, this account is not designed for transactional banking – it cannot be used to make payments through internet banking and to withdraw funds you will need to request a transfer to an internal or external account.
- Account name: Instant Access Account
- Fee: Free
- Interest Net Rate*: 0.32%
- Interest Gross Rate**: 0.40%
- Interest AER***: 0.40%
* Net Rate is the amount of interest you will receive if your organisation pays tax at source.
** Gross Rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
*** AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
Switching made simple
By switching your bank account to Profex you’ll be helping to create a better society. You’ll also benefit from 24/7 access to your account using our Internet Banking service.
Our free account switcher service makes the process as easy as possible:
- We’ll close your existing account for you.
- We contact your existing bank for a list of your Direct Debit and Standing Order payments for the account you’re switching from.
- You select the accounts you want us to move to us.
Switch to us
How we make a difference
We are a bank established to serve the needs of our customers and enrich society as a whole. We work with organisations that aim to have a positive impact on society through economic, community or social change.
Our people support charities and communities through our ‘Profex in the Community’ (UitC) programme. The Profex team is actively involved in volunteering and fundraising events organised throughout the year. Good causes are nominated by our people to receive donations.
To find out more about how we make a difference – view our Social Impact 2018