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Skipton launches new issue of 120 Day Notice Account

6th September 2011 Print

Skipton International, the Guernsey based savings and local mortgage specialist has launched a new issue of its popular 120 day notice account targeting both offshore individual savers and business deposit accounts with interest rates of up to 2.50% gross/AER.

The International Premium 120 account offers two interest rate tiers, with balances from £10,000 to £99,999 earning 2.25% gross/AER and accounts with over £100,000 on deposit achieving the top interest rate of 2.50% gross/AER. Annual interest on both business and personal deposits is paid on 15 June.

Monthly income options are also available paying 2.00% gross monthly on balances up to £99,000 2.25% gross monthly on balances over £100,000. Monthly interest is paid on the 15th of each month.

Withdrawals for sums of £1000 or more are only permitted after 120 days’ notice has been given. The minimum deposit is £10,000 and the maximum investment allowed is £5 million.

Skipton International Ltd is part of Skipton Building Society, the fourth largest in the UK with over £14 billion assets.

For more information on Skipton International savings products, visit