International Notice 90
| Investment |
Annual Rate (gross pa/AER) |
Monthly interest Gross rate |
Monthly interest AER |
| Above £100,000 |
2.25% |
2.00% |
2.02% |
| £10,000 to £99,999 |
2.00% |
1.80% |
1.81% |
Access to your money
Our International Notice 90 account offers our maximum interest rate and allows withdrawals after 90 days' notice. You may, if you wish, make a withdrawal without notice but you will lose 90 days' interest on the sum you take out. The minimum transaction is £1,000.
Interest payment
Interest rates are variable. Interest is credited annually on 18 June. Monthly interest is credited on the first day of the month. Interest is earned after 3 working days including the day we receive your cheque.
Please note that interest may be paid gross and it is your responsibility to declare all income to your tax authority.
Opening your account
If you would like to invest in this product, please print out and complete the Application Form then send it to us in Guernsey with your cheque made payable to Skipton International Limited A/C (your name), together with two forms of identification (see the list of suggested items on the Application Form).
The minimum opening balance is £10,000.
Application Form
Application Form & General Terms and Conditions.
To view and print the Application Form, Terms & Conditions, Fax Indemnity and Nomination details, you must have the Adobe Acrobat reader or plug in.
If you wish to transfer funds to us by electronic transfer your bank will require the following details:
| Sort Code: |
40-22-25 |
| Swift Code: |
MIDLGB22 |
| IBAN: |
GB68MIDL40222592660148 |
| Bank Name: |
HSBC Bank plc |
| Account No: |
92660148 |
| Account Name: |
Skipton International Limited |
| Beneficiary: |
Your name/International Notice 90 |
Please instruct your bank to make the payment as early as possible in the day so that the funds reach our account before 12 noon, UK time. This should ensure that your funds earn interest from the day of receipt. Funds received after this time will start earning interest from the next business day. Please ensure you have received confirmation your new account has been opened before sending funds to us. Also, please remember to read the 'Legal' section below and the Terms and Conditions of the relevant account before sending your money to us.
SIL will not accept any liability for delays in receipt of inward payments; agents' charges, where applicable, will be deducted from the amount credited to your account.
Funds received in any currencies other than that agreed will be converted to the appropriate currency at the prevailing rate of exchange at the time of the transaction.
*Gross means interest paid without the deduction of tax. Your tax treatment will depend on your individual circumstances and may be subject to change in the future.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.