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Media Release

Skipton International launches market-leading 150 day notice account

Skipton International launches market-leading 150 day notice account

Thursday 23 April 2015

Skipton International launches market-leading 150 day notice account


MEDIA RELEASE: The views expressed in this article are those of the author and not Bailiwick Express, and the text is reproduced exactly as supplied to us

Award-winning Guernsey bank, Skipton International has re-launched its International Investor 150, a market leading 150-day notice account offering a variable interest rate of 1.75% gross/AER.

The International Investor 150 offers a single interest rate tier, with balances over £10,000 up to the maximum of £5 million earning the same interest rate.  Interest is paid annually on 30 November, however, customers wishing to receive a regular income from their savings can have the interest paid monthly to a nominated bank account.   

This notice account is available to private investors and allows customers to deposit funds into the account at anytime.  If funds are required, 150 days’ notice must be served as there is no early access allowed.

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 British expat mortgages.

Managing Director Jim Coupe said: "Our notice accounts offer attractive returns, which makes them very appealing to investors. We’re pleased to offer a 150 day notice account that is market-leading and uniquely we assure customers who may wish to transfer to a longer-term product offered by us at a later date, no notice period would be necessary."

Skipton has won or been commended in the Moneyfacts Best Offshore Account provider category for the last three years.

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