Individual Savings Account

0330 123 9035

Santander Banking Operations

Sunderland
MR SHAILESH PATEL SR43 4FP
129 GREENACRES
BARRY
UNITED KINGDOM
CF63 2PN

Your 2 YR FIXED RATE ISA 01/10/2025 account summary for News and information
27th Sep 2023 to 5th Mar 2024
Don’t miss out on your 2023/24 ISA
Account Name: MR SHAILESH PATEL allowance
Account Number: 93610951 Sort Code: 09 01 29
BIC: ABBYGB2LXXX IBAN: GB83 0901 2993 6109 51 You have up to and including the 5 April 2024
Page number: 1 of 2 to make the most of your £20,000 ISA
Balance brought forward from previous statement: £0.00 allowance for the 2023/24 tax year.

Total money in:
Total money out:
Your balance at close of business 5th Mar 2024
Your current interest rate is 5.45% annual tax free (fixed) for
500+ GBP. Your next annual interest payment will be paid on
1 Oct ober and this will be included in the statement you
receive in March of next year.
£0.00 To find out how you can transfer your ISA with
-£0.00 other providers at any time, contact us by
phone, visit our website or your local branch.
£0.00
Further deposits into a Fixed Rate ISA are not
allowed.
You can find more information on ISAs at:
santander.co.uk and search for Savings and
ISAs.

Rate corrected as at 5th Mar 2024 The Financial Services Compensation

Scheme (FSCS) limit is £85,000, please find
Balance tiers Tax-free rate full details enclosed.
1+ 5.45%

The tax-free rate is the rate of interest payable where interest is exempt from
income tax.

A variable rate can go up or down in response to industry and market conditions.

A fixed rate will not change during the fixed term.

Important information about compensation arrangements: We are covered by the Financial Services Compensation Scheme
(“FSCS”). The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. The account(s) shown in
this statement are eligible for compensation under the scheme. Santander UK plc is an authorised deposit taker and accepts deposits
under this name and the cahoot and Santander Corporate & Commercial Bank trading names.

Further details can be found in the FSCS Information Sheet and Exclusions List, a copy of which is available in your local Santander
branch.

For further information about the compensation provided by the FSCS, refer to the
FSCS website at www.FSCS.org.uk.

Continue on reverse...
MCBX00010_20240305_G_047
 Account Name: MR SHAILESH PATEL
Account Number: 93610951 (Sort Code: 09 01 29)
Page number: 2 of 2

Your transactions 27th Sep 2023 to 5th Mar 2024

Date Description Money in Money out £ Balance
27th Sep Opening Balance 0.00
5th Mar Balance carried forward to next statement: 0.00

Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales.
www.santander.co.uk. Telephone 0330 9 123 123. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct
Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s
website www.fca.org.uk/register. Santander and the flame logo are registered trademarks.

Financial Services Compensation Scheme (FSCS)
Information Sheet
Basic information about the protection of your eligible deposits
Eligible deposits in Santander UK plc are protected by:
Limit of protection:
If you have more eligible deposits at the same bank:
If you have a joint account with other person(s):
Reimbursement period in case of bank failure:
Currency of reimbursement:
To contact Santander UK plc for enquiries relating to
your account:
To contact the FSCS for further information on compensation:
More information:
Additional information
1
Scheme responsible for the protection of your
eligible deposit
Your eligible deposit is covered by a statutory Deposit Guarantee
Scheme. If insolvency of your bank, building society or credit union
should occur, your eligible deposits would be repaid up to £85,000
by the Deposit Guarantee Scheme.
2
General limit of protection
If a covered deposit is unavailable because a bank, building society
or credit union is unable to meet its financial obligations, depositors
are repaid by a Deposit Guarantee Scheme. This repayment covers
at maximum £85,000 per bank, building society or credit union.
This means that all eligible deposits at the same bank, building
society or credit union are added up in order to determine the
coverage level. If, for instance a depositor holds a savings account
with £80,000 and a current account with £20,000, he or she will
only be repaid £85,000.
This method will also be applied if a bank, building society or credit
union operates under different trading names. Santander UK plc
also trades under cahoot, Santander Business and Santander
Corporate & Commercial trading names.
Page 1 of 2
the Financial Services Compensation Scheme (‘FSCS’)1
£85,000 per depositor per bank2
The following trading names are part of your bank:
cahoot, Santander Business and Santander Corporate &
Commercial trading names.
All your eligible deposits at the same bank are ‘aggregated’
and the total is subject to the limit of £85,000.2
The limit of £85,000 applies to each depositor separately.3
20 working days4
Pound sterling (GBP, £)
For all Retail accounts: 0330 9 123 123
For all Santander Corporate and Commercial accounts:
0333 207 2229
For Business Banking accounts: 0330 678 2456
For all cahoot accounts: 0330 678 2811
Financial Services Compensation Scheme
PO Box 300
Mitcheldean GL17 1DY
Tel: 0800 678 1100 or 020 7741 4100
Email: ICT@fscs.org.uk
http://www.fscs.org.uk
In some cases eligible deposits which are categorised as ‘temporary
high balances’ are protected above £85,000 for six months after the
amount has been credited or from the moment when such eligible
deposits become legally transferable. These are eligible deposits
connected with certain events including:
(a) certain transactions relating to the depositor’s current or
prospective only or main residence or dwelling;
(b) a death, or the depositor’s marriage or civil partnership, divorce,
retirement, dismissal, redundancy or invalidity;
(c) the payment to the depositor of insurance benefits or
compensation for criminal injuries or wrongful conviction.
More information can be obtained under http://www.fscs.org.uk
 Page 2 of 2

Limit of protection for joint accounts

FSCS EXCLUSIONS LIST
3

In case of joint accounts, the limit of £85,000 applies to each

depositor. A deposit is excluded from protection if:

However, eligible deposits in an account to which two or more (1) The holder and any beneficial owner of the deposit have
persons are entitled as members of a business partnership, never been identified in accordance with money laundering
association or grouping of a similar nature, without legal requirements. For further information, contact your bank,
personality, are aggregated and treated as if made by a single building society or credit union.
depositor for the purpose of calculating the limit of £85,000. (2) The deposit arises out of transactions in connection with which
there has been a criminal conviction for money laundering.
4
Reimbursement
(3) It is a deposit made by a depositor which is one of the following:
The responsible Deposit Guarantee Scheme is the Financial Services
Compensation Scheme, 10th Floor Beaufort House, 15 St Botolph ¡ credit institution
Street, London, EC3A 7QU, Tel: 0800 678 1100 or 020 7741 4100,
Email: ICT@fscs.org.uk. It will repay your eligible deposits (up to
¡ financial institution
£85,000) within 20 working days until 31 December 2018; within ¡ investment firm
15 working days from 1 January 2019 until 31 December 2020;
within 10 working days from 1 January 2021 to 31 December 2023;
¡ insurance undertaking
and within 7 working days from 1 January 2024 onwards, save ¡ reinsurance undertaking
where specific exceptions apply.
¡ collective investment undertaking
Where the FSCS cannot make the repayable amount available
within 7 working days, it will, from 1 June 2016 until 31 December ¡ pension or retirement fund1
2023, ensure that you have access to an appropriate amount of ¡ public authority, other than a small local authority.
your covered deposits to cover the cost of living (in the case of a
depositor which is an individual) or to cover necessary business (4) It is a deposit of a credit union to which the credit union itself is
expenses or operating costs (in the case of a depositor which is entitled.
not an individual or a large company) within 5 working days of (5) It is a deposit which can only be proven by a financial
a request. instrument2 (unless it is a savings product which is evidenced by
If you have not been repaid within these deadlines, you should a certificate of deposit made out to a named person and which
contact the Deposit Guarantee Scheme since the time to claim existed in the UK, Gibraltar or a Member State of the EU
reimbursement may be barred after a certain time limit. Further on 2 July 2014).
information can be obtained under http://www.fscs.org.uk. (6) It is a deposit of a collective investment scheme which qualifies
Other important information as a small company.3
In general, all retail depositors and businesses are covered by (7) It is a deposit of an overseas financial services institution which
Deposit Guarantee Schemes. Exceptions for certain deposits qualifies as a small company.4
are stated on the website of the responsible Deposit Guarantee
(8) It is a deposit of certain regulated firms (investment firms,
Scheme. Your bank, building society or credit union will also inform
insurance undertakings and reinsurance undertakings) which
you of any exclusions from protection which may apply. If deposits
qualify as a small business or a small company5 – refer to the
are eligible, the bank, building society or credit union shall also
FSCS for further information on this category.
confirm this on the statement of account.
(9) It is not held by an establishment of a bank, building society or
credit union in the UK or, in the case of a bank or building society
incorporated in the UK, it is not held by an establishment in
Gibraltar.
For further information about exclusions, refer to the FSCS website
at www.FSCS.org.uk
1
Deposits by personal pension schemes, stakeholder pension
schemes and occupational pension schemes of micro, small and
medium sized enterprises are not excluded
2
As listed in Part I of Schedule 2 to the Financial Services and
Markets Act 2000 (Regulated Activities) Order 2001, read with
Part 2 of that Schedule
3
Under the Companies Act 1985 or Companies Act 2006
4
See footnote 3
5
See footnote 3
MISC 2244 OCT 23 H

Santander UK plc. Registered Office: 2 Triton Square, Regent’s Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054.
Santander and the flame logo are registered trademarks.