Skipton International launch new bond
Skipton International are to launch a new savings bond with one of the most competitive rates in the market.
The new Bond which matures on 15th November, 2017, will pay a fixed interest rate of 2.00% AER and is open to both new and existing customers.
Managing Director Jim Coupe said, “I’m pleased we are able to offer new and existing customers such a competitive rate at at time when a rise in interest rates is still uncertain. Skipton International prides itself on offering all our customers security and excellent customer service, as well as a good return.”
Skipton is a leading offshore bank with customers in over 100 countries. They offer a range of offshore savings products with monthly or annual interest options, as well as Channel Island and British expat mortgages. The new 2 year bond offers customers the certainty of a fixed rate and regular income from their savings.
The account is available to private individuals, businesses, Trust Companies and Individual Pensions. Interest will be paid monthly or upon maturity on a minimum investment of £10,000 and a maximum of £5 million. Customers should be advised there is no early access available with this account and it must be held until maturity.
The Fixed Rate Bond which matures on 15 February, 2017, has been withdrawn.
Skipton has won or been commended in the Moneyfacts Best Offshore Account provider category for the last four years.