We can open business savings accounts for:

• Sole traders - trading in the UK
• Limited companies/PLCs/LLPs - incorporated in the UK
• Partnerships
• Charities - registered in the UK
• Clubs and associations
• Small local authorities/PCCs/councils
• Schools
• Religious organisations
• Small financial institutions
• Credit unions
• Trusts

You can open an account online by following the link apply online. Postal applications are available to download from our website, apply by post. Alternatively, you can call us on +44 7380-HTF during business hours and ask us to send you an application form in the post.

To open an additional account simply call us on +44 7380-HTF during business hours and we will do this for you over the phone. Alternatively, you can send us a written instruction by downloading and printing an additional account form and sending it to us by post.

We will usually open your account within two business days of receiving your application and we will write to you confirming your new account details and any further information we require.

We will need to verify some details about your organisation. The requirements vary depending on the type of organisation. Read what verification documents we may require. We are required by law to verify the address and identity of any person mandated to operate the account and certain other individuals in your organisation. If we ask you to send documents to us we will still open your account and you will be able to pay money into it. However, you will not be able to withdraw money until we receive the documents we require. If you do not send us the documents within 30 days we will close your account and return any money deposited to you.

When you apply we will ask you to give us a nominated account, which must be a current account you hold with a UK bank. If you are applying for a joint account your nominated account can be in both or either of your names. We will check the nominated account details you give us and occasionally we may need you to provide evidence that you are the account holder, such as a copy of your bank statement showing the account number, sort code and your name. All payments you make into your savings account must be made from your nominated account. If we receive an electronic payment from a different account we will return it to the paying account. If we receive a cheque from a different account we will return it to you uncashed. We will make all withdrawals by electronic payment to your nominated account.

You can pay money into your account by sending an electronic payment (Faster Payment or CHAPS) to your Hampford Trust Fund sort code and account number, which we will tell you once we have opened your account. If you open your account online we will provide your sort code and account number at the end of the application. However you apply, we will write to you to confirm your sort code and account number as soon as we have opened your account. You can also pay money into your account by cheque. We will usually bank your cheque on the working day that we receive it. You should make the cheque payable to yourself and send it to us at our freepost address If you are opening a notice account you can send as many payments as often as you like. If you are opening a bond you can send as many payments as you like up to the cut-off date quoted on your welcome letter.

To open an account you must be prepared to invest at least £5,000. You may invest up to £750,000 in a single account and up to £1,000,000 in total with us.

Most deposits are protected by the Financial Services Compensation Scheme. Read more information on our FSCS page.

If you send us money electronically, such as by Faster Payments, BACS or CHAPS, you will start to earn interest on the day we receive it provided this is before 1pm. If we receive it after 1pm you will start to earn interest from the next working day. If you send us money by cheque you will start to earn interest on the second working day after we receive it.

Yes, you can cancel any account with us within the first 14 days after the opening date. This is the date on your account opening confirmation letter. You can do this by calling us on +44 7380-HTF during business hours or writing to us. If you have already paid money into your account we will return this to you, along with any interest you have earned, when you tell us you would like to cancel it.

You can operate your account by post using written instructions signed in accordance with the account mandate.

You can have up to four people on your mandate. The signing options are any one signatory, any two signatories or any four signatories.

You can call +44 7380-HTF and we can tell you your balance over the phone. We will send you an annual statement by post on the anniversary of account opening.

You can call +44 7380-HTF and we can tell you your balance over the phone. Your current interest rate, and any changes during the year, will also be shown on your annual statement, which we will send to you by post.

To make a withdrawal you must give us a written instruction signed in accordance with the account mandate. You can make a partial withdrawal or ask us to close your account and return all of your money. We cannot accept instructions by email.

You cannot withdraw money from your bond before the end of the term.

We will write to you approximately a month before your bond matures to ask for your instructions, at which time you can tell us to return your funds to you at maturity, reinvest them in a new bond or a combination of the two. If you do not give us an instruction before your bond matures we will open an easy access account for you and transfer your funds into it. You must give us your maturity instruction in writing, signed in accordance with the mandate.