Skipton International suggests a New Year's resolution that will last!

16th January 2012

It's that time of year, after all the excesses of Christmas, when thoughts turn to finances and the year ahead. Most of us are used to making New Year's resolutions for ourselves, but how many use this time to focus on business planning and New Year's resolutions for our companies?

This year, Skipton International is urging companies to make a financial New Year's resolution that should really last beyond January by "staying on top of your interest rates" when dealing with your company's or trust's deposit accounts. Hopefully, this way financial housekeeping will become easier in 2012, helping to make this year more prosperous than the last.

Skipton International now has a comprehensive range of offshore deposit accounts for business and trust customers offering interest rates which will surprise many, as the bank seeks to change attitudes in this sector. With its strong focus on service, Skipton International also offers business customers a dedicated contact point at their Guernsey office to ensure smooth and fast account opening, with customers guided through a short and straightforward new account process. Once opened, dedicated contacts are available to ensure the smooth running of all business accounts.

Managing Director Jim Coupe comments, "Our range of business deposit accounts offers a competitive blend of rate allied to a broad choice of access. We have just launched a new 180 day account offering tiered rates of interest, so larger deposits will earn higher rates of return on the whole balance. Deposits of over £100,000 will earn a variable annual rate of 2.75% gross/AER or 2.50% gross for monthly interest (2.53%AER). For balances between £10,000 and £99,999, the annual interest rate will be 2.50% gross/AER or 2.25% for monthly interest (2.27% AER)."

Meanwhile, returns of up to 2.50% gross/AER are available for business customers opting for the 120 day notice option, 2.25% gross/AER for an 80 day notice period and 2.00% gross/AER with 40 days' notice. This quality of business product range sets Skipton International apart in the market and has contributed to the Bank's award winning success in 2010, when it won first place in the prestigious Business Moneyfacts awards for Best Offshore Business Deposit Account Provider. Last year too, Skipton International was a Business Moneyfacts award winner, securing a Highly Commended award in the ?Best Offshore Business Deposit Accounts' category.