Bank of Scotland International launches Portfolio Plus Issue Two

Bank of Scotland International has launched a new structured deposit product, 'Portfolio Plus Issue Two', providing customers with an opportunity to receive a high rate of return while guaranteeing their original deposit.

Portfolio Plus is a five year sterling product, linked to the FTSE 100 Index, which offers a potential return each year, for the five year term, of 8% p.a. Each year, any return is automatically paid into a Bank of Scotland International Matured Funds Account, which enables customers to access the funds.

James Gairdner, Managing Director of Bank of Scotland International comments, “The Portfolio Plus is an ideal solution for investors who are looking to earn an attractive return on their investment with a minimum risk. Investors will potentially earn 8% interest each year, and will receive 100% of their deposit back whatever happens to the FTSE 100."

Portfolio Plus has a minimum deposit level of £20,000. The closing date for applications is 23rd June 2009. The start date for the product is 26th June 2009. The end date is 26th June 2014.

Early depositors will receive interest set at 3% AER/ gross p.a. on applications that are received between 27th April 2009 and 23rd June 2009 (inclusive). The early deposit interest will then be paid into Bank of Scotland International Matured Funds Account on 26th June 2009.