Interest is calculated daily based on the cleared funds in your account (as determined by ClearBank). Interest will then be paid monthly into the savings account on a gross basis as we do not withhold any tax on interest payments, meaning it's up to you to declare your interest income on your tax return. Clearbank will directly pay the interest accumulated in the calendar month to you within 3 working days of the month's end
Comments
0 comments
Please sign in to leave a comment.