Skipton launches new 90 day notice account

Skipton International, the Guernsey based savings and local mortgage specialist, has launched a new variable rate savings account targeting both offshore individual savers and business deposit accounts with interest rates of up to 2.25% gross/AER. The International Premium 90 account offers two interest rate tiers, with balances from £10,000 to £99,000 earning 2.00% gross/AER and accounts with over £100,000 on deposit achieving the top interest rate of 2.25% gross/AER. Annual interest on both business and personal deposits is paid on 1 June.

Monthly income options are also available paying 1.80% gross monthly and 2.00% gross monthly across the two tiers. Monthly interest is paid on the 20th of each month.

Withdrawals for sums of £1,000 or more are only permitted after 90 days notice has been given. The minimum deposit is £10,000 and the maximum investment allowed is £5 million.

Skipton International Ltd offers a range of sterling, euro and US dollar accounts and is part of Skipton Building Society, the fourth largest in the UK with over £15 billion assets.

For more information on Skipton International savings products, visit skiptoninternational.com.