HAVE YOUR CAKE & EAT IT

* Automated transactions. All other chargeable transactions above are manual.

Interest rates correct at 11/08/14. Charges are correct as at 01/04/17.

1. Maximum 5 cheques allowed per credit
2. Gross interest is the contractual rate of interest payable (without deduction of tax) and you willbe responsible for paying any tax you owe on interest as per your individual personal savings allowance.
3. Annual Equivalent Rate (AER) illustrates what the interest rate would be if interest was paid and added each year.
4. EAR - Effective Annual Rate.
5. Normal debit card and ATM withdrawal fee still applies.
6. The Cumberland does not charge you to use your Cumberland card overseas or pass on any fees levied by Visa but the provider of an ATM or retailer may apply a charge.

OVERDRAFT ARRANGEMENT FEES: Arrangement fees and renewal fees are payable for business overdraft facilities and will be confirmed prior to your overdraft being agreed.

Charges are calculated quarterly at the end of March, June, September and December and are deducted from accounts on or around the 26th day of the following month.

The Society reserves the right to vary the above charges and the eligibility criteria for free banking for high volume accounts (over £250,000 credit turnover).

Free banking does not apply to the Cash Exchange Service – please see our separate leaflet Charges for Account Services.

We welcome new applications from new and existing customers who live within our branch operating area, however, we do not accept new accounts from new customers who live outside our branch operating area.

Some restrictions may also apply to new accounts available to existing customers who live outside our branch operating area. Contact us for more information.

Our operating area is:

• Cumbria (all CA and LA postcodes)
• South-West Scotland (all DG postcodes and TD9)
• West Northumberland (NE46-49)
• North Lancashire (all PR, FY, LA AND BB1-2 and BB5-7)

You can withdraw up to £300 cash per day at Link ATMs across the UK. If you come into branch you can withdraw up to £500 cash per day.

An overdraft can be useful for short term borrowing, for example to cover your expenses until income is received. The advantage of an overdraft is it is flexible and you can dip into it at any point over the agreement period.

Overdrafts are available upon request, subject to status.

You need to arrange an appointment at your local branch (Monday to Saturday). Alternatively, call into your local branch and speak to one of our team.

Unless you have an account with us already, we will need you to provide proof of your identity and evidence of your address. Please bring one original document of each. Acceptable documents include:

Proof of identity

• Current valid signed passport
• Current UK photocard driving licence
• Firearms certificate or shotgun licence
• A blue disabled drivers pass
• An EU photocard driving licence

Evidence of your address

• Recent utility bill dated within the last six months (mobile phone bills cannot be accepted though)
• A council tax bill valid for the current year
• Bank, building society or credit union statement dated within the last six months

We also need to verify your business identity. Please bring one original document from:

• Certificate of Incorporation (required for all limited company applications)
• Business Card or Business Letterhead
• Business statements from a Bank or Building Society which confirms the business name and address
• Financial Accounts (signed and dated within the last 12 months)
• Business Plan (new businesses only)

Interest rates correct at 11/08/14. Charges are correct as at 01/10/15

(1) The Cumberland does not charge you to use your Cumberland card but the provider of an ATM or retailer may apply a charge.

(2) EAR – Effective Annual Rate.