BFC Bank joins the Flagstone platform
Bringing a Best-in-market Rate of 2.50% for One Year Fixed Term Deposits
We are pleased to announce that BFC Bank has become the latest bank to join the Flagstone platform, in a partnership which will see a new best-in-market deposit rate immediately available to Flagstone’s rapidly increasing client base.
From today, Flagstone will be exclusively offering BFC Bank’s best-in-market 2.50% One Year Fixed Term Deposit Rate on their cash deposit platform.
Andrew Thatcher, Co-Founder and Co-Managing Partner at Flagstone said:
"We're delighted to welcome BFC Bank Limited as a partner bank on the Flagstone platform and to be able to offer their exclusive best-in-market 2.50% fixed term deposit rate to our clients.
The range of market-leading and exclusive rates available to clients on the Flagstone platform continues to grow. The platform enables our personal, corporate and charity clients to diversify their deposits quickly and easily, addressing their two key concerns; maximising their interest income and minimising their risk."
Deposits held with BFC Bank Limited are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per depositor (£170,000 for joint accounts).
As with each of the hundreds of accounts already available on the Flagstone platform, clients will be able to access these rates in just a few clicks.