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If I move overseas, what happens to my Premier Deposit Account?

If you are no longer a resident of the UK, please contact savings@blme.com. We reserve the right to close your account and return the balance to you. 


Can I withdraw part of my Premier Deposit Account or close the account before the maturity date?

No, strictly no early withdrawal or early account closure is allowed, except in the event of the death or terminal illness of the account holder. The Premier Deposit Account does not operate on the basis that you pay a penalty in order to access your funds early.


Can I have profit paid back into the deposit?

No, the Premier Deposit Account pays profit on an annual basis to the UK bank account which you have nominated, and cannot be compounded nor accrued back into the deposit.


How does the Premier Deposit Account work?

The Premier Deposit Account is operated under the Islamic Finance principle of Agency. BLME acts as your agent to achieve an agreed rate of profit for the period of your deposit. As your agent BLME will constantly monitor your investment to ensure that we achieve the agreed profit rate.


I wish to apply for a BLME Notice Account; please can you send me details and an application pack?

You can only apply for BLME savings accounts online; no paper application forms are available.  If you would like to open a BLME Notice Account please click here.


I used a savings cash platform to deposit my money in multiple accounts with different banks. Am I FSCS protected and how long will my claim take?

Savings cash platforms (also known as deposits aggregators) help you to spread your money across multiple accounts with different banks. The same compensation limits are applied if you used an aggregator as if you applied directly. The compensation limit applies to the total amount you hold across all your accounts with BLME (whether through an aggregator or held directly), not to each separ...


I used a savings cash platform to deposit my money in multiple accounts with different banks. Am I FSCS protected and how long will my claim take?

Savings cash platforms (also known as deposits aggregators) help you to spread your money across multiple accounts with different banks. The same compensation limits are applied if you used an aggregator as if you applied directly. The compensation limit applies to the total amount you hold across all your accounts with BLME (whether through an aggregator or held directly), not to each separ...


I used a savings cash platform to deposit my money in multiple accounts with different banks. Am I FSCS protected and how long will my claim take?

Savings cash platforms (also known as deposits aggregators) help you to spread your money across multiple accounts with different banks. The same compensation limits are applied if you used an aggregator as if you applied directly. The compensation limit applies to the total amount you hold across all your accounts with BLME (whether through an aggregator or held directly), not to each separ...


Historic PDA Rates Page

No description available.


Historic NA Rates Page

No description available.


Vulnerable customers

We understand that there may be all sorts of reasons why our customers may feel vulnerable during their lifetime. It could be due to a health condition or due to other circumstances, such as not being able to communicate in their mother tongue, not being familiar with the UK banking system or a loved one being unwell. Where a customer’s vulnerability impacts their ability to mana...


Treasury

We are experienced in developing innovative products to meet our clients' unique requirements. We can help you to manage your liquidity and foreign exchange exposures and hedging needs, using Sharia’a compliant products including deposit products. Our sales team look to establish and manage our relationships with banks both in London, GCC and internationally. We facilitate the setting...


Website Terms & Conditions

Please read these Terms and Conditions carefully. By using the Website, you are agreeing to these terms. These contain important terms governing how the services may be made available to you and will be legally binding on you if you accept them. You should be aware that they provide for certain warranties that the Website is provided on an "as is" basis...


BLME Social Media Guidelines

  BLME operates social media accounts and pages including Twitter, Facebook and LinkedIn to engage, inform and create a dialogue with our customers and potential customers. We monitor these pages however please do not share any personal information with BLME via these channels but contact us via https://www.blme.com/contact-us BLME does not provide inv...


Be Safe Online

This page provides some advice and guidance about keeping yourself and your money safe online. Please note that any legitimate correspondence from BLME will come from one of the following emails domains. Any others are likely to be a cyber scam. ✓ @BLME.com✓ @Nomobank.com✓ @Nomo.Bank For support or to check the legitimacy of a communication please contact