United Trust Bank (UTB) is continuing to develop new distribution channels for its Deposits business by joining the Insignis Cash provider panel.
The multi-award-winning savings provider is increasing its visibility and availability by joining Insignis Cash’s panel of 40+ banks and building societies whose products are available via the platform’s savings management service.
Insignis Cash customers gain direct access to over 3,500 savings products from over 40 different providers through a single platform. They are then able to spread their savings across many different accounts to meet their savings and liquidity needs.
Insignis Cash customers can easily move their money between products to make the most of competitive interest rates and to optimise the protection provided by the Financial Services Compensation Scheme (FSCS). Customers can manage their accounts and add and withdraw funds all through the Insignis Cash platform (subject to individual account terms and conditions).
Nick Wakefield, Head of Deposits Products – United Trust Bank, commented: “We want as many clients as possible to benefit from our fantastic savings products and Insignis Cash makes it very easy for them to manage and make the most of their money. I am delighted that Insignis Cash’s clients will now be able to easily access our range of competitive products and start reaping the benefits of what UTB has to offer.”
Paul Richards, Chairman of Insignis Cash, said: “We are pleased to share the news about our latest partner, United Trust Bank (UTB). UTB enhances our range of savings solutions whilst offering FSCS-protected savings accounts and compelling interest rates. Partnering with United Trust Bank means we can further our commitment to empowering clients who are looking to optimise their financial strategies.”