Cede is currently seeking a banking license and developing both iOS and Android apps. Register here to join the waitlist.
Cede Bank stands for delivering the best for everyone. We don’t package our premium features into paid plans, we make all our features available to all our users, all of the time.
We don't pay interest, as we don't loan out or invest your money, leaving that to you. In return, we guarantee all your money is accessible, and safe, all the time.
Your money is guaranteed in full.
No credit interest paid on balances.
We do not offer overdrafts, as such we can not charge any interest for unarranged overdraft usage.
We will not charge a fee for having a Personal Current Account with us.
We block any payments which would send your account into arrears, as such we will never charge a fee for having an unarranged overdraft with us.
We will not charge a fee if we refuse to make a payment on your behalf due to lack of funds in your Account.
It’s free to send money from your Account within the UK in the following ways:
Faster Payments
Direct Debits
Standing Orders
We don't charge any fees to send money outside the UK. We use the Mastercard exchange rate, which can be found on their website.
* Please note that your payee's bank, and other banks involved during processing may charge additional fees for your payee to receive the payment.
We won’t charge fees to receive money into your account.
We will not charge a fee to receive £ Sterling into your Account.
We will not charge a fee to receive any currency from outside the UK. We will convert money at the Mastercard rate available to us at the time the money is received.
We won’t charge you fees to withdraw cash from your account.
We will not charge a fee for withdrawing £ Sterling from ATMs in the UK or using the Post Office Counter Service.
We will not charge you a fee for withdrawing cash in foreign currency outside the UK. The Mastercard exchange rates will apply to any such withdrawal and you may also be charged a fee by the local ATM provider.
We wont charge you fees to withdraw cash from your account.
We will not charge a fee for making a payment in £ Sterling, whether in a shop, online or over the phone.
We will not charge you a fee for withdrawing cash in foreign currency outside the UK. The Mastercard exchange rates will apply to any such withdrawal and you may also be charged a fee by the local ATM provider.
Replacement debit cards: we will not charge you a fee for a replacement card if your card is lost or stolen while you are in the UK.
