NatWest Sectors Structured Deposit Account Issue 3

NatWest International Personal Banking (IPB) has launched Sectors Structured Deposit Account Issue 3, building on the success of previous Sectors accounts issued in 2009.  The Sectors account enables customers to have both security and potential growth through the diverse green or UK business sectors.

Sectors Structured Deposit Account Issue 3

The Sectors account is a structured deposit account that provides savers with two deposit options allowing them to take advantage of the potential growth in emerging ‘Environmental' business sectors or established UK business sectors.  The account has been designed for those savers who do not require access to their deposit for four years.  Savers will receive an interest rate of 6% gross AER on a quarter of their deposit in the first year of the account - this quarter plus interest will be repaid to savers after just one year. The Sectors Issue 3 account provides full capital protection provided the money is deposited for the full four year term of the account.

Dave Isley, Head of NatWest IPB comments: "When we first launched the Sectors account last year it was a huge success with customers. Demand for the past two issues has proved there is considerable appetite for the product, and we have launched the Issue 3 to allow more customers to take up the product.

"The Sectors account has proved popular because it provides options to suit a number of needs for savers with different savings styles and goals."

For more information, visit natwestinternational.com.