Bank of Scotland International increases rate on fixed rate account

Bank of Scotland International has increased the interest rate on the six month and one years terms of its Fixed Rate Account, with immediate effect.

The Bank of Scotland International Fixed Rate Account has a minimum opening balance of £10,000 and a maximum investment balance of £5m. The account also offers two year and three year terms.

Interest is paid monthly or upon the annual anniversary of the one, two and three year term account. For the six month term interest is paid on maturity. The interest payment is credited to an account nominated by the customer at the outset.