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Clydesdale Bank International adds bonus to 95 Day Account

13th June 2012 Print

Guernsey-based Clydesdale Bank International has added a special bonus to its 95 day Notice Account, increasing the rate to 2.10% for a limited period. The bonus will be paid to both new and existing customer on balances until 31st December 2012.

Clydesdale Bank International 95 day notice product provides both an annual interest option and the facility to defer the capitalisation of interest until a future date determined by the accountholder. This deferred interest may be a suitable option for customers for whom tax-planning requirement means that deferment is appropriate.

Product overview below:

Interest Rate - 1.40% AER
Interest Rate including bonus - 2.10% Gross
Interest is calculated daily and can be capitalised annually or deferred.
Investment - Minimum opening deposit of £10,000
Withdrawals/Closure - can only be made on giving 95 day notice

James Blower, MD at Clydesdale Bank International, said: "The account itself is provides a useful tool for tax-planning purposes, the addition of the bonus makes it an even more attractive proposition. This development shows that we remain active in this important market."

More information is available at clydesdalebankinternational.com.