These are the accounts where you save a lump sum for a fixed amount of time, during which it’s not possible to take out money without paying an early-access charge.
For accounts maturing before the date stated on your letter
Your account will convert into an instant access maturity account and we’ll send you a letter before the maturity date to confirm. When it matures, please withdraw all the money and close this account before the date stated on your letter following the instant and limited access closure steps outlined above.
For accounts maturing after the date stated on your letter
As we’re required to close your account, we won’t apply any early exit charges. You don’t need to do anything right now and we’ll write to you again soon to explain your options.