Offshore Sterling Savings Fixed Rate Account
Grab yourself a great rate - and know just what you'll get from your offshore savings. That's offshore banking from Bank of Scotland International.
Sterling Fixed Rate Account - Here's how it works
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Sterling Fixed Rate Account offers you a return of up to 6.70% AER** - and that rate isn't going anywhere. So you can relax, knowing that you're completely secure and protected from fluctuations in interest rates in our offshore Sterling Fixed Rate Account.
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With our offshore Sterling Fixed Rate Account you can choose from a range of terms - from 6 months to 3 years (different rates apply) - depending on how long you're willing to invest.
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Whether you're looking for monthly income, interest that's paid annually or on maturity, we can meet your needs with our offshore Sterling Fixed Rate Account .
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For your convenience you can view your International account through internet banking. That's offshore banking made easy from bank of Scotland International.
Sterling Fixed Rate Account - Interest rates
Fixed Rate Account
Effective from 25th September 2008
| Minimum balance | Annual gross* AER** | Annual gross* p.a. | Monthly gross* p.a. |
|---|---|---|---|
| 3 years £10,000 | 6.00% | 6.00% | 5.84% |
| 2 years £10,000 | 6.00% | 6.00% | 5.84% |
| 1 year £10,000 | 6.70% | 6.70% | 6.50% |
| 6 months £10,000 | 6.61% | 6.50% | N/A |
Use our calculator to find out how much you can earn in a Sterling Fixed Rate Account .
For more information on offshore banking, please see our frequently asked questions on our Sterling Fixed Rate Account.
Important Information on funding the opening transaction:
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Fixed Rate accounts should be funded with a single initial deposit
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Once we have received your initial deposit you can not add any additional funds. You can, however, open additional accounts
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Whenever possible, please send funds electronically to your account. If you make your initial deposit by Cheque/Draft, interest will begin to accrue only after the Cheque/Draft has cleared.
Maximum investment - £1,000,000 on our Sterling Fixed Rate Account .
*Gross - the rate of interest paid without deduction of tax. Please note that you must declare any interest earned to the income tax authorities in your country of residence.
**AER - the AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
Account held in Sterling with Bank of Scotland International.
