New 90 Day Notice Account Offers Premium Rates

13th June 2010

  • New 90 day notice account launched
  • Sterling offshore deposit product
  • Minimum balance £10,000, earn up to 2.25% gross/AER on deposits of £100,000 plus

Skipton International , the Guernsey based offshore savings and local mortgage specialist, has launched a new variable rate savings account targeting both offshore individual savers and business deposit accounts with interest rates of up to 2.25% gross/AER. The International Premium 90 account offers two interest rate tiers, with balances from £10,000 to £99,000 earning 2.00% gross/AER and accounts with over £100,000 on deposit achieving the top interest rate of 2.25% gross/AER. Annual interest on both business and personal deposits is paid on 1 June.

Monthly income options are also available paying 1.80% gross monthly and 2.00% gross monthly across the two tiers. Monthly interest is paid on the 20th of each month.

Withdrawals for sums of £1000 or more are only permitted after 90 days notice has been given. The minimum deposit is £10,000 and the maximum investment allowed is £5 million.

Skipton International Ltd offers a range of offshore accounts sterling, euro and US dollar accounts and is part of Skipton Building Society, the fourth largest in the UK with over £15 billion assets.