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FirstSave Postal launches GBP, Euro and U.S. Dollar fixed rate bonds

15th August 2013 Print

FirstSave Postal is to re-launch its 1 Year GBP Fixed Rate Bond @1.90% AER and issue two brand new currency products - a 1 Year Fixed Rate Euro Bond and a 1 Year Fixed Rate US Dollar Bond both @1.25% AER. The minimum deposits are GBP25,000, EUR30,000 and USD 40,000 respectively. Interest is payable at maturity and the bonds are open to UK residents only.

As with all FirstSave Postal products, deposits are covered by the Financial Services Compensation Scheme up to £85,000 or currency equivalent per depositor.

FBN Bank (UK) Ltd launched FirstSave seven years ago and has both online and postal products which have consistently offered competitive rates, gaining tens of thousands of customers.   Says FBN Bank (UK) Ltd’s MD, Peter Hinson, “We’ve received many requests from customers to take other currencies and as an international bank that needs all three currencies, we are very happy to help customers and provide them with what they want.”

Full details can be found at  and application forms can be requested from FirstSave Postal, PO Box 70724, London, EC2P 2LL.