Annual Rate (Gross PA/AER)
|£10,000 or more|
|A notice account where 40 days notice is required for all withdrawals.|
Balances below £10,000 will attract an interest rate of 0.10% AER
With effect from 11 January 2017
Interest rates on this offshore savings account are variable. Interest is credited annually on 1 June. 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 send written instructions to us. New customers will need to complete an Application Form and supply relevant identification as seen on page 4 of the application.
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.
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