Straightforward charity banking, with interest
为慈善机构和社会目的企业创建的CAF现金账户使日常银行业务变得简单并支付兴趣。这样您就可以将更多时间花在重要的事情上,支持您的受益人。
When you deposit money into your account, it's put to work straight away. The CAF Cash Account pays interest of 0.20% gross1/AER2 (variable3) on your daily credit balances. Interest is credited gross to the account at the end of each quarter.
1Gross means that interest will be paid without any deduction of tax. You are responsible for paying any tax due to HMRC.
2AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
3The interest rate payable may be subject to change in the future.