Sterling Offshore Fixed Rate Account
If you like knowing exactly how much you will earn on your offshore savings account and when, this Sterling Fixed Rate Account is for you. You have the comfort of internet and telephone banking so you can check on your savings whenever you want.
The details
- Minimum opening balance of £10,000 - you don't need a big balance to get a good return on your offshore savings.
- Count on a fixed rate of return of up to 5.00% AER/gross** on the 1 year option: use our calculator to find out how much you’ll earn
- Choose how long you want to fix your money, from six months to three years
- Have the option of monthly or annual interest. Take a look at the interest rate table below for the options and interest rates.
- Internet banking enabling access to your online savings account 24/7
- A more human service - telephone banking means you can speak to dedicated offshore banking advisors if you want
- Easy account opening process – either by online or post.
- Fund your account with a single initial deposit. If you want to add more funds, simply open additional accounts.
- No additional deposits or withdrawals are permitted during the term. Closure is permitted after 6 months on payment of an early withdrawal charge.
- Personal customers only.
Fixed Rate Account
Effective from 19th November 2008. Rates are for indication purposes only
| Minimum balance | AER** | Annual gross* p.a. | Monthly gross* p.a. |
|---|---|---|---|
| 3 years £10,000 | 4.00% | 4.00% | 3.93% |
| 2 years £10,000 | 4.00% | 4.00% | 3.93% |
| 1 year £10,000 | 5.00% | 5.00% | 4.89% |
| 6 months £10,000 | 4.70% | 4.65% | N/A |
Next steps - Apply for an account today, it's easy and straight forward
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Apply online now - it's easy and straight forward |
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Download a PDF to complete and post back to us |
Call us on +44 (0)1534 825 050
Or we can call you back
**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.
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