Skipton International launches new savings bond

Skipton International launches new savings bond

1st December 2016

 Skipton International will tomorrow (2 December) launch a new one-year fixed rate savings bond.

The one-year fixed-rate bond, which matures 15 January 2018, will pay 1.25% gross per annum / AER.  Monthly interest will be paid on the 15th of each month.

The new bond is available to new and existing customers on balances between £10,000 and £1 million.

Jim Coupe, Managing Director, Skipton International, said: “In a year which has seen a lot of uncertainty around the world, Skipton’s fixed rate bonds offer our savings customers the certainty and stability of a fixed rate, along with a good return.

“Our offshore savings products have some of the best rates on the market, and this, coupled with our commitment to excellent customer service, means we are repeatedly recognised as a leading offshore savings account provider.”

Skipton International won Best Offshore Account Provider 2016 at the Moneyfacts Awards; the third time Skipton has won a Moneyfacts Award, and the bank has been commended, highly commended, or has won an award for the past seven years.

The Guernsey-registered bank offers a range of offshore savings accounts including Notice, Easy Access, and Fixed Rate accounts, to Channel Island residents and British expats in over 100 countries around the world.