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Bank of Scotland International increases saving interest rates

22nd January 2007 Print
Bank of Scotland International has increased the interest rates on its Halifax International Extra Income Saver, Instant Access Savings Account and Fixed Rate Account, with effect from today.

The Halifax International Extra Income Saver has a minimum opening balance of £25,000 and a maximum investment balance of £1m. 90 days notice is required for withdrawals but up to £5,000 can be withdrawn each calendar month, without notice or lost interest. The monthly interest payment will be credited to an account nominated by the customer on a day elected by the customer.

Instant Access Savings Account

Bank of Scotland International has also increased the interest rate on its Instant Access Savings Account to 4.90% Gross/AER and introduced a new tier for customers with balances over £500,000 at 5.00% Gross/AER.