S.T.A.R. Plus Account

A time deposit product that allows placement of your funds for a fixed yield.

Overview

Currency	GBP	USD
Minimum placement amount	GBP 5,000.00	USD 5,000.00
Time deposit type	Auto Renew Principal plus interest	Auto Renew Principal plus interest Auto Renew Principal only and credit interest to the settlement account
Terms available	91 days 182 days 364 days	91 days 182 days 364 days
Interest rates	Please see Deposit balance requirements and rates information page	Please see Deposit balance requirements and rates information page
Tax on interest rate	Effective April 06, 2016, BPI Europe PLC no longer withholds taxes on interest paid on savings and time deposits. Please consult HMRC, website for guidance on this subject matter.	Effective April 06, 2016, BPI Europe PLC no longer withholds taxes on interest paid on savings and time deposits. Please consult HMRC, website for guidance on this subject matter.
Interest payment	Interest will be paid at the end of contracted term, maturity, or repricing date.	Interest will be paid at the end of contracted term, maturity, or repricing date.
Pretermination	Allowed subject to terms and conditions	Allowed subject to terms and conditions

Rates and fees

Quick guide

How to open an account

Visit our office at 6th Floor, 95 Aldwych, London WC2B 4JF.

How to place money

1. To make a placement, you will have to deposit funds to your BPI Europe S.T.A.R. Plus Account ("your settlement account")

2. Make a faster payment or online transfer from your other UK account to your BPI Europe S.T.A.R. Plus Account (subject to clearing within BPI Europe Plc's business hours)

How to withdraw cash

1. Make an over-the-counter cash withdrawal at 6th Floor, 95 Aldwych, London WC2B 4JF. Advise us a day earlier if you need to withdraw over GBP 1,000.00.

2. Instruct us to debit your BPI Europe S.T.A.R. Plus Account and transfer to your other UK bank (subject for next day clearing period).

3. Instruct us to debit your BPI Europe S.T.A.R. Plus Account and make a CHAPS/same day online bank transfer to your other UK bank (subject to cut off and applicable charges).

Note: For certain types of transactions, in compliance with Anti-Money Laundering Regulations, additional documents on proofs of source of fund and purpose of deposit will be requested before processing your pay-in transfer.

How to view my account

View your time deposit and settlement account via BPI Online.

Deposit balance requirements and rates

Know the rates and requirements before opening an account.

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Frequently asked questions

What is the difference between BPI Europe and BPI?

Bank of the Philippine Islands (Europe) Plc [BPI Europe Plc] is a UK licensed bank, a separate entity of and a wholly owned subsidiary of the Bank of the Philippine Islands [BPI], authorized by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and PRA.

Its deposit products are entirely different from the deposit products of BPI. This means that BPI Europe PLC's deposit products and that of BPI are not linked and cannot be accessed such as account enquiry, cash deposit, dormant reactivation or cash withdrawal through BPI branches.

Are there service fees and charges?

Yes. View the applicable service fees and charges here.

Do I get a debit card when I open this account?

No. There is no debit card when you open a S.T.A.R. Plus Account.

Do I get an overdraft when I open this account?

No. Your BPI Europe S.T.A.R. Account must be funded before making cash withdrawals or transfers to your other UK bank.

Who can I contact if I have questions regarding S.T.A.R. Plus Account?

For enquiries, you can call us at (+44) 020-783-500-88 or email us at bpinoy@bpieuropeplc.com.

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S.T.A.R Account

A savings account with electronic banking convenience to monitor the growth of your funds.

Data privacy statement

Read our data privacy statement.

Bank overview

Types of account

Services

Governance overview

S.T.A.R. Plus Account

How to open an account

How to place money

How to withdraw cash

How to view my account

What is the difference between BPI Europe and BPI?

Are there service fees and charges?

Do I get a debit card when I open this account?

Do I get an overdraft when I open this account?

Who can I contact if I have questions regarding S.T.A.R. Plus Account?

S.T.A.R Account

Data privacy statement

Bank overview

Types of account

Services

Governance overview

You're exiting BPI Europe Plc

S.T.A.R. Plus Account

How to open an account

How to place money

How to withdraw cash

How to view my account

What is the difference between BPI Europe and BPI?

Are there service fees and charges?

Do I get a debit card when I open this account?

Do I get an overdraft when I open this account?

Who can I contact if I have questions regarding S.T.A.R. Plus Account?

S.T.A.R Account

Data privacy statement