Bank of Scotland International Portfolio Plus Issue Three
Bank of Scotland International Portfolio Plus Issue Three is a Sterling denominated five year structured deposit where the potential annual return is linked to the performance of the FTSE 100 Index. It gives you the opportunity to:
- Receive a potential 8% p.a. return each year for the 5 year term depending on the performance of the FTSE 100 Index each year (please see 'How your return is calculated' for more information)
The details
- 100% of your deposit amount back - after five years (under the terms and conditions of the account). As your money is held in a deposit account and linked to the FTSE 100 index, not invested directly in the companies listed in it. However, please note that this means dividends will not be paid.
- Apply early - get an early deposit interest of 2.50% AER* /gross** p.a. (fixed) on deposits received between the 28th July 2009 and 8th October 2009 (inclusive) - please see 'Key product information' for more information.
- Only available for a limited time - last date for applications is the 6th October 2009 and the start date is 9th October 2009. It may be withdrawn earlier than the closing date if fully subscribed, so apply now!
- Each year, any return is automatically paid into a Matured Funds Account.
- The return of 8% p.a. (if paid) is paid two good exchange business days after the observation dates on 11th October 2010, 10th October 2011, 9th October 2012, 9th October 2013 and 9th October 2014 -please see 'Key product information' for more detail.
- During the five year term of the account additional deposits, part withdrawals and early closure are not allowed. Therefore, if you need access to your capital during this period, this product is not suitable for you.
- Minimum opening balance £20,000.
- A sterling account held with Bank of Scotland International Limited in Jersey.
- Personal customers only.
Find out more:
Next steps - Apply for an account today, it's easy and straight forward
Apply over the telephone on +44 (0) 1534 825 045
Or we can call you back
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Alternatively all you need to do is print off and complate the application form and send it along with the relevant identity and address verification documents, to:
Bank of Scotland International PO Box 19, Douglas Isle of Man British Isles IM99 1AT Below are the documents containing all the information you need to know: |
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*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 the deduction of tax. Please note that you must declare any interest earned to the income tax authorities in your country of residence.
This product is not available to US persons. US persons are defined as being US residents, US citizens worldwide and US green card holders worldwide.
Deposits are in Sterling and held with the Jersey branch of Bank of Scotland International Limited. Early deposit interest on your deposit between the date it starts to accrue and 8th October 2009 will be calculated on a daily basis and will be paid into your Bank of Scotland International Matured Funds Account on the 9th October 2009. The product is a structured deposit account.
The deposit is not covered by the Financial Services Compensation Scheme under the Financial Services and Markets Act 2000 of the United Kingdom. Jersey currently does not have a compensation scheme covering deposits. This product is not covered by the Isle of Man Depositors Compensation Scheme.
