Sterling Monthly Income Account
This sterling offshore savings account enables you to enjoy a regular income while giving you the option to choose which day it will be paid. You’ll also enjoy the flexibility of a monthly withdrawal on your account should you need to access your capital unexpectedly.
The details:
- Minimum opening balance of £25,000.
- Choose when your interest is paid away - note interest cannot be added to this Monthly Income account.
- Clear, transparent interest rates and fees
- Tiered and variable rates to maximise your savings.
- Internet Banking - bank when it suits you 24 hours a day
- Telephone Banking
- Option to make a single withdrawal of up to £5,000 each calendar month without notice or loss of interest. Additional withdrawals require 90 days notice, or you will lose an amount of equal to 90 days interest on the amount you withdraw.
- Open an account by telephone on +44 (0)1534 848 500
Private Bank Monthly Income Account
Effective from 5th March 2009
| Minimum balance | Monthly rate gross* p.a. | AER** |
|---|---|---|
| £250,000 | 0.85% | 0.85% |
| £150,000 | 0.65% | 0.65% |
| £100,000 | 0.55% | 0.55% |
| £50,000 | 0.50% | 0.50% |
| £25,000 | 0.45% | 0.45% |
Open an account. Contact your Relationship Manager
Contact a relationship manager on +44 (0) 1534 848 500
alternatively e-mail ipb@bankofscotlandint.com
_______________________________________________________________________________________________________________
**AER - the AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
*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.