Direct saver demand and notice business

1.25%Gross p.a.¹ /AER ²

Account features at a glance:

Choice of On Demand, 30 or 60 day notice
Variable interest rate up to 1.25% Gross p.a¹. /AER²
Operate account via phone or post

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Please note our Direct Saver 30 and Direct Saver 60 products are currently unavailable.

Applying for a Direct Saver Account is simple. With a minimum deposit of €10,000 you can apply online by downloading and filling in an application form in PDF format. Then just post it back to us at the address shown on the application form.

From 1 August 2009, customers who open a deposit account will be requested to provide their Personal Public Service Number (PPSN) on the application form. The PPSN will be included in the Annual Return of Interest Report to the Irish Revenue Commissioners.

Download and print the Direct Saver Demand and Notice Business Application Form (52 KB)

The application form is provided in Adobe Acrobat PDF format. If you do not have a copy of Adobe reader, visit the Adobe site to download Adobe reader for free.

We regret that it will not be possible to open an account unless confirmation of identity is provided and we may have to return your investment to you. Please see the Supporting Evidence page for full details of the supporting documentation required.

Your initial cheque should be posted to us with your application form. Alternatively, funds can be transferred electronically from some existing Northern Rock accounts (subject to any restrictions in the terms and conditions applying to that account) or, once the account is opened, by arrangement with your bank or building society.

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Need to talk?

Call us on (01) 602 0324*

Mon-Fri 9am-5pm, excluding bank and public holidays.

Calls are charged at your service provider's prevailing rate and may be monitored and recorded.

1. DIRT will automatically be deducted at the standard rate (currently 25%) from interest paid/credited to your account. Limited Companies, Charities, and Occupational Pension Schemes may receive interest gross subject to receipt of required documentation.

2. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.

* Calls are charged at your service provider's prevailing rate and may be monitored and recorded.

Account balances below the minimum investment will receive interest at the prevailing basic savings rate, currently 0.10%. Accounts can be opened by Limited Companies, Charities, Pension Schemes, Sole Traders and Partnerships. Minimum investment is €10,000. Maximum holding with Northern Rock is €3 million per investor.