• Withdrawals without loss of interest
  • Deposits and withdrawals are subject to a minimum transaction size of £1,000
  • This offshore account will be useful to savers requiring regular access to their funds
Investment

Annual rate (Gross PA/AER)

Further information
£10,000 or more0.40%Easy access is available to your funds. Interest is credited annually on 28 February.

Balances below £10,000 will attract an interest rate of 0.00% AER

Available for deposits between (minimum) £10,000 and (maximum) £5,000,000

With effect from 11 January 2021

Information

To open an account existing Skipton International customers only need to complete an Additional account opening form. 

New customers will need to complete an application form and supply relevant identification and proof of address documents. For further information on how to apply please see our Application guide. Skipton only offers accounts in sterling.

This offshore account is only available to private investors.  Accounts for corporate and trust companies are available.  Please view our Business page for further information.

Interest rates on this offshore account are variable. Interest is credited annually on 28 February. Interest is earned after three working days including the day we receive your payment. Please note that interest will be paid gross and it is your responsibility to declare all income to your tax authority.

Offshore savings 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 minimum opening balance for this offshore account is £10,000.

The above conditions are to be read in conjunction with our General terms and conditions for deposit accounts.

Withdrawals from Skipton International can only be made to bank accounts in the name(s) of the Account Holder(s). Third Party payments are not permitted.

Return to the Offshore savings Page