|Investment||Annual Rate (Gross PA/AER)||Monthly Interest Gross Rate||Monthly Interest AER|
£10,000 or more
Balances below £10,000 will attract an interest rate of 0.10% AER
With effect from 6 March 2017
Interest rates on this offshore savings account are fixed. Interest is credited annually on 15 April and monthly interest is paid on the 15th 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.