FLAGSTONE FOR BUSINESS

Deposit accounts for your business

With one single application, our business clients can choose from hundreds of deposit accounts from over 30 banks - including exclusive and market-leading rates. All accessed and controlled online from the Flagstone platform – 24 hours a day, 7 days a week.

All UK-based banks and building societies on the Flagstone platform are members of the Financial Service Compensation Scheme (FSCS) and deposits are protected where eligible.

CURRENT BUSINESS RATES ON OUR PLATFORM

5 year fixed term

2.95%
(AER)

12 month fixed term

2.60%
(AER)

95 day notice

1.65%
(AER)

Instant access

1.05%
(AER)

Greater value for your business

Secure

Ensure your business finances are secure by spreading deposits across multiple banks, maximising FSCS protection – where eligible.

Grow

Access exclusive and market-leading rates from hundreds of accounts, and over 30 banks, ensuring your business is earning the best possible interest.

Save time

No need to complete additional paperwork when depositing into new bank accounts.

How the platform works for your business

  • 1.
    Apply
    Complete one simple application form to apply for your Flagstone account.
  • 2.
    Transfer
    Deposit business funds into your Flagstone holding account.
  • 3.
    Select
    Browse and choose from hundreds of accounts, including exclusive and market-leading rates on the Flagstone platform.
SEE HOW OUR PLATFORM WORKS

Start saving from £250K

The Flagstone platform is available to businesses looking to deposit £250K or more. We are trusted by leading Wealth Managers, including St. James's Place, Tilney, Quilter Group and Coutts, plus many of the UK's leading banks and building societies.

Client testimonials

Softwire

It's so easy to use, and the team at Flagstone are excellent.

What3Words Limited

Using Flagstone gives us access to a better return on our cash deposits, whilst also allowing us to actively manage our risk profile and liquidity needs on a simple easy to use platform.

Source Insurance

The time I now spend with my client has increased due to Flagstone, and the relationship is much richer.

Peace of mind

FCA authorised and regulated

Flagstone is authorised by the Financial Conduct Authority (Reference Number 605504) under the Payment Service Regulations 2017 for the provision of payment services.

Personalised client support

We pride ourselves on delivering the exceptional and personal client experience you rightly expect for complete peace of mind.

Secure encryption

Flagstone partners with top tier experts to ensure the end to end security. All data is held on secure, encrypted servers, protected by multi-layer firewalls.

Frequently Asked questions

How does the platform work?

Partnering with more than 50 banks and building societies, Flagstone gives you access to more than 200 deposit accounts through a single application.

Using Flagstone's secure online platform, you can quickly and easily diversify your deposits with different UK banks and building societies to increase the total value of those deposits that are eligible for FSCS protection.

Ongoing access to exclusive and market-leading interest rates empowers you to maximise the interest income from your cash.

How are you able to offer competitive rates?

Due to the volume of deposits we intermediate and through the relationships we have developed with our partner banks, we are able to access exclusive and competitive deposit rates for Flagstone clients.

How is our cash protected?

Ensuring the funds belonging to our clients are secure is our number one priority. As a company authorised and regulated by the Financial Conduct Authority (FCA), we are required to hold appropriate levels of regulatory capital and generally organise and manage our business to the high standards set by the FCA.

Flagstone partners with top tier technology providers and security experts to ensure the end to end security. We employ practices and techniques to keep our platform up to date with the ever-changing security landscape and to provide a secure platform to our clients.

Flagstone has adopted internal systems and controls designed to protect client funds from the risk of fraud. These include relevant IT controls, appropriate segregation of duties, restricted access rights and signature protocols.

Importantly, Flagstone does not allow any third-party payments and will only ever authorise payments from a client’s Flagstone holding account to their nominated account.

Will we receive tax return statements?

Flagstone gives you visibility of every pound earned and the simplicity of consolidated reporting.

Once you have a Flagstone account, you will have 24/7 access to consolidated statements for all your deposit accounts for any period of time, available to view and download via the platform.

At the end of each tax year, Flagstone will provide you with a summary of interest earned.

What are your fees?

There is an annual management fee of between 0.15% p.a. and 0.25% p.a. depending on the value of deposits you
hold on our platform.

For deposits of £250k or more, a one time setup fee of £500 will be payable and automatically taken from your initial deposit. For US Dollar accounts this fee is $500 and for Euro Accounts it is €500. This admin fee applies to all Individual, Joint, company, charity and trust clients.

No Administration fee is charged for deposits between £50,000 to £249,999.

Ready to get started?

Spread your business' cash across up to 30 banks and hundreds of accounts on one simple platform.

We are trusted by leading Wealth Managers, including St. James’s Place, Evelyn Partners, Quilter Group and Coutts, plus many of the UK’s leading banks and building societies.

Join Flagstone and protect the art of the possible.

OPEN AN ACCOUNT