Cash Services

CASH SERVICES


In the current financial climate, how can you make the most of your cash savings ?

You may have heard the phrase ‘Cash is King’? With many cash savings accounts offering pitifully low interest rates, it has left people scratching their heads.

At Eastern Financial Consultants we actively manage and review our clients’ cash savings, helping them to access and secure the best interest rates available.

Cash service is suitable for:

  • Individuals.
  • Companies.
  • Charities
  • Trusts

By using our Cash Service, you would:

  • Be confident in the institutions who hold your cash savings.
  • Spend less time on administration of cash savings accounts.
  • Achieve a consistently competitive return on your cash savings.
  • Deal with a person, not a machine – your own named Relationship Manager.
  • Have the ability to access account information online (where available).
  • Assistance with information required for the completion of your tax return.

Business Savings Account Examples

Suitable for Businesses, Charities and Trusts

Amount £500,000
Existing Rate 0.10% Instant Access
Gross Interest per year £498.23 (Compound Interest)
After EFC Cash Service
£300,000 1.40% 95 day notice * £4,224.62 (Compound Interest)
£200,000 1.05% Instant Access * £2,110.14 (Compound Interest)
Total Gross Interest per year £6,334.76
Difference made by EFC £5,836.53 Gross per year

Fee for Cash Service 0.3% of funds being managed £1,500 per annum (payable on placement of funds or on monthly basis £125 per month). * Rates quoted as of 15th June 2022

Amount £200,000
Existing Rate 0.10% Instant Access
Gross Interest per year £200.01 (Compound Interest)
After EFC Cash Service
£200,000 1.05% Instant Access* £2,110.14 (Compound Interest)
Difference made by EFC £1,910.13 Gross per year

Fee for Cash Service 0.3% of funds being managed £600 per annum (payable on placement of funds or on monthly basis £50 per month) * Rates quoted as of 15th June 2022

Personal Savings Account Examples

Suitable for all

Amount £80,000
Existing Rate 0.10% Instant Access
Gross Interest per year £79.72 (Compound Interest)
After EFC Cash Service
£80,000 1.52% Instant Access* £1,224.44 (Compound Interest)
Difference made by EFC £1,144.72 Gross per year

Fee for Cash Service 0.3% of funds being managed £240 per annum (payable on placement of funds or on monthly basis £20 per month) * Rates quoted as of 15th June 2022.

Amount £80,000
Existing Rate 0.10% Instant Access
Gross Interest per year £79.72 (Compound Interest)
After EFC Cash Service
£80,000 2.37% 1 year Fixed Rate Savings* £1,896.00 (Compound Interest)
Difference made by EFC £1,816.28 Gross per year

Fee for Cash Service 0.3% of funds being managed £240 per annum (payable on placement of funds or on monthly basis £20 per month) * Rates quoted as of 15th June 2022


Call Us 01603 927760

In the first instance, it is always good to give us a call to chat through your requirements. We can then arrange an introductory meeting (free of charge) to make sure we can provide everything you might need

Call Us Now

Meet Us

We can meet you at your workplace or home, or virtually if easier. Meetings are the best way to make sure we have a thorough understanding of your needs and objectives.

Arrange a meeting

Ask Us

If you would like to ask us a question or find out more about Eastern Financial Consultants, then we would love to hear from you.

Get in touch