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- You can include a cheque with your completed application form to make your opening deposit. Or make an electronic bank transfer once your Paragon account is open. Provided you make your opening deposit within 28 calendar days of requesting your application form, we’ll guarantee the interest rate shown when you requested your application.
www.paragonbank.co.uk/personal/personal-faqs/savings-questions/opening-a-paragon-bank-savings-account
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When you’re making electronic deposits into your Paragon account be sure to select ‘business account’ if asked for an account/payee type. You should also use the payee name Paragon Bank PLC to match our account details.
- Opening a Savings Account
You can make your opening deposit by electronic bank...
- Opening a Savings Account
You can make your opening deposit by electronic bank transfer, cheque or transferring an existing ISA. We will email you your application reference number, which you can use to make your opening deposit so you don’t have to wait for your account number.
Make your deposit by electronic bank transfer, cheque, from an existing Paragon account. You can make unlimited deposits just stay within the minimum and maximum balance of your account. Make up to 2 withdrawals every 12 months without impacting your interest rate, after your 3rd withdrawal in 12 months your interest rate decreases until the ...
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- About Paragon Bank
- Paragon Bank Products and Services
- Paragon Bank Security
Paragon Banking Group is a UK-based specialist finance provider, headquartered in Solihull and founded in 1985. Originally named National Home Loans Corporation, it was renamed Paragon Group of Companies. They provide specialist savings and lending products through the trading name Paragon Bank PLC, launched in 2014, and invest in and manage loan p...
Paragon offers buy-to-let mortgages to both portfolio and non-portfolio landlords. Portfolio products are geared towards landlords who have limited companies, or partnerships, with four or more mortgaged properties, HMOs or multi-unit properties. Portfolio landlords can borrow up to £5,000,000. Non-portfolio products are more suited for landlords w...
Paragon Bank is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority. Eligible deposits of up to £85,000 are covered by the Financial Services Compensation Scheme (FSCS).
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- 0800 052 2222
- 51 Homer Rd, Solihull B91 3QJ
Oct 26, 2023 · The account can be opened with a minimum deposit of £1,000 and up to two withdrawals can be made a year to retain the top interest rate. Derek Sprawling, Paragon Bank savings director, said...
Please note that you do not have a direct account with Paragon but your deposit is held by them in a trust account opened by MAM for the benefit of you and other depositors.
