Fixed Rate Bond Maturing 1 June 2020

Offshore Savings Account Offering a guaranteed fixed rate of interest until maturity.

If you don't require access to your savings then this Fixed Rate Bond could be perfect.  This Fixed Rate Bond is offering an attractive rate of interest and has a fixed maturity date of 1 June 2020.  Interest is paid annually on the 1st June, commencing 1st June 2017 and monthly interest is paid on the 1st day of each month.  Please note there is no early access available with this savings account and must be held until maturity. 

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InvestmentAnnual Rate (Gross PA/AER)Monthly Interest Gross RateMonthly Interest AER

£10,000 or more

1.60%

1.59%

1.60%

 Balances below £10,000 will attract an interest rate of 0.10% AER

With effect from 4 April 2017

Information

Interest rates on this offshore savings account are fixed. Interest is credited annually on 1 June and monthly interest is paid on the 1st day of each 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.

To open an account, existing Skipton International customers will only need to complete an Additional Account Opening Form. New customers will need to complete an Application Form and supply relevant identification and proof of address documents. If more than two persons will be applying jointly for a single account, please also download the Third and Fourth Applicant Page.

Offshore accounts may be opened by cheque, electronic transfer or BACS. If you wish to transfer funds to us by electronic transfer or BACS click here for the details your bank will require. Please note the minimum opening balance for this offshore account is £10,000.

The above conditions are to be read in conjunction with our General Terms & Conditions for deposit accounts.