Wesleyan Savings Bank is revamping its telephoned based Wealthsaver Direct Savings Account.
The move will see the bank remove its 60 day notice period for withdrawals and allow customers instant access to their funds.
The interest rates on the account will remain unchanged.
Wesleyan chairman and managing director Lowry Maclean says: "The removal of the notice period will provide our customers with even more flexibility. Wealthsaver Direct is a worry free, secure savings account offering customers telephone access to their money and competitive rates of interest."