Deposits and withdrawals
Make your deposit by electronic bank transfer, cheque, from an existing Paragon account. You can make unlimited deposits, and withdrawals only need 120 days’ notice, just stay within the minimum and maximum balance of your account.
Nominated bank account
To help keep your savings safe, your Paragon accounts must be linked to a nominated bank account. This account must be a UK current account in your name, and we will only accept money from and send your savings to your nominated bank account.
Closing your account
If you change your mind you can close this account within 14 days of your opening deposit.
You can close your account by withdrawing all your savings, or it will be closed if it falls below the minimum required balance.