Offshore banking
Automated sweep facility
Daily automated transfers to ensure your Current or Pathfinder accounts are maintained at pre-agreed balance levels (subject to available funds) via a link with a Save Direct Worldwide account. Ensures funds are available to meet ongoing expenditure while interest is maximised on surplus funds.
This service is provided free of charge. Simply contact Guernsey branch direct to obtain the necessary Sweep Authority required to establish this facility.
Deposits made with Guernsey (which is a branch of The Co-operative Bank plc) are not covered by the Financial Services Compensation Scheme as published under The Financial Services and Markets Act 2000. The branch is licensed under The Banking Supervision (Bailiwick of Guernsey)Law 1994 as amended and registered under The Banking Business (Jersey) Law 1991. Copies of the most recent audited accounts of The Co-operative Bank plc are available upon request.
