Arbuthnot Latham has launched a new platform, Arbuthnot Direct, offering fixed term deposits online, targeting retail customers who are seeking interest returns on their money over the longer term.

The platform, which has had a “soft launch” has already met with a positive reception, the bank said.

This move comes as part of Arbuthnot Latham’s commitment to extending its services to UK retail savers with an easy to use and high-quality online direct deposit platform, enabling it to expand its business-wide lending capabilities to private and commercial clients, it said.

Both three and five-year fixed ter...