Give, and it will be given to you: good measure, pressed down, shaken together, and running over will be put into your bosom. For with the same measure that you use, it will be measured back to you. Luke 6:38
1 year Fixed Term with 0.7% interest
Then you should have deposited my money with the bankers, and on my return I would have received it back with interest. Matthew 25:27
You Give SCS Bank £1000 after one year you will receive £1000 plus 0.7% AER of £100, which equals to £1007
About SCS Bank
Bible4health Missions also trading as SCS Bank was established in 2008 and incorporated in 2013 is a UK incorporated not for profit company limited by guarantee with it head office in Worksop, United kingdom and a branch office in Kitwe Zambia.
SCS Bank is set up to provide Charity goods warehousing, distribution, online store, financial and goods assistance, to support charities, non profit, community, humanitarian, health projects, environmental and recycling , to reduce waste that goes to landfill and protect our environment in the UK and around the world for a better and health world, with health humans and animals.
The range of other non-Charitable services by SCS Bank, include Project funding, Wealth Management, Residential Property Finance, Commercial Property Finance, Shipping, Membership and Warehousing services.
1 year Fixed Term with 0.7% interest
What is the interest rate? 0.7 % AER (paid as 0.7% gross simple)
AER is the Annual Equivalent Rate and represents what the interest rate would be if interest was realised and paid once each year.
Interest is calculated daily and is payable on maturity. Interest will be paid gross without prior deduction of tax.
Interest will be calculated from the start date of your giving fund account.
Can Bible4health missions change the interest rate?
The interest rate applicable to your giving fund account is fixed once your application is approved and you fund your account. The rate will stay the same throughout the duration of the fixed term. Please review the associated Terms and Conditions for more information on how interest rate changes work.
Should Bible4health Missions amend the rate advertised before you have fully transferred funds and the rate is lower than the rate you originally ordered, you will have 5 business days from the date of the amendment to complete your transfer to receive the original rate, otherwise your order will be cancelled. You will be contacted if this occurs.
Please ensure you log in and check your SCS Bank Account during the funding process.
What would the estimated balance be after 12 months based on a £1,000 Giving?
The estimated balance after 12 months on a giving Fund of £1,000 is £1,007.00.
This projection is for illustrative purposes only and does not take into account individual circumstances.
How do I open and manage my account?
To open this giving fund account account, you must register on our website. and then on your profile account go to "Donation/Giving". To be eligible to register, you must:
● Be aged 16 or over
● Hold a bank or building society account from which you will fund your Giving Fund in any country of the World.
● Have a valid mobile phone number and email address
After you fund your giving fund account through your profile account, you will be subject to the successful completion of Anti-Money Laundering/Know Your Customer (AML/KYC) checks.
The minimum amount you can Give in order to earn interest is £1,000 and the maximum amount you can give is £100,000. The £100,000 Giving fund is inclusive of any other monies you have given for the purpose of earning interest, you may already hold on a Give Account on your profile with SCS bank.
You can manage your Giving Fund Account through SCS Bank by logging into your SCS Bank Account. You can contact SCS Bank by telephone, by email or in writing by using the contact details provided in the SCS Bank Terms & Conditions.
Please ensure you have read and understood all sets of Terms and Conditions on Giving Fund before start giving to SCS bank.
Can I withdraw money?
Because this Giving Fund Account is a fixed term Giving Fund, withdrawals are not permitted before the maturity date, except if an account holder dies, becomes mentally incapacitated or bankrupt, or in any other exceptional circumstances agreed to by Bible4health Missions T/A SCS Bank in its absolute discretion. This Giving Fund Account does NOT operate on the basis that you can end the fixed term of your investment account prematurely and pay a fee to withdraw your funds sooner.
Your Giving Fund Account will not automatically renew at the end of the fixed term for a further fixed term.
Bible4health Missions Management, with their trading arm SCS Bank, will administer the Giving Fund on your behalf.
Funds will appear in profile Giving Fund Account on the same day of funding your Giving Fund Account. Funds will be remitted to Bible4health Missions Bank Account by SCS Bank after completion of Anti-Money Laundering/Know your Customer Checks. It can therefore take up to 5 business days for the given funds to be set up and start earning interest.
Giving fund will be held by Bible4health Missions T/A SCS Bank in faith and trust in God for you under FCA client money and asset rules.
If you have any questions relating to your account, please contact SCS Bank.