The Royal Bank of Scotland is currently forcefully pushing to current account customers their fixed rate bonds at a £5,000 to £500,000 investment for 3 years. The terms are: penalty for early closure and another RBS account.
As RBS will be will transferring all the (English) current accounts they now service to Santander very soon anyone taking out one of these bonds will probably be breaking one of the terms and conditions with this transfer. As a result a penalty will be imposed. Miss-selling of financial services at it's best!