Business Saver 40

40 days' variable notice account
A corporate offshore savings account offering higher rates for 40 days' notice.
  • About this account

    You can make unlimited withdrawals without loss of interest provided you give 40 days' notice and subject to a minimum transaction of £1,000. This savings account is available to Businesses, Trust Companies, Individual Pension Schemes, Banks and Financial Institutions.

    • Available for deposits between £10,000 and £5,000,000.
    • New to bank customers must deposit a minimum overall balance of £100,000.
    • Balances below £10,000 will attract an interest rate of 0.00% AER
    • With effect from 6 February 2023

    This offshore account is available to private investors only. US Dollar accounts for corporate customers, trust companies and pension schemes are available. Please view our Business Offshore USD Accounts for further information.

  • Interest rate information

    The interest rate on this sterling offshore savings account is variable. Interest is credited annually on 31 August. 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.

  • How to open an account

    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.

    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

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

People working with paper and laptops
Opening an account
Contact our dedicated, business development manager, Sean Gauvain to learn more

+44(0)1481 734004
corprelations@skiptoninternational.com