Offshore savings Date:
Permanent Bank International has expanded its offshore savings portfolio with the launch of a 15-month fixed rate bond.
Issue 1 of Limited Edition Fixed Term Deposit pays a top rate of 2.05% (2.04% AER) to savers who deposit a minimum of £20,000.
The maximum that can be invested is £1 million.
Savers can manage this product by post and in branch.
Early access to funds or further additions will not be allowed.
Permanent Bank is paying a chart-topping rate to savers able to commit funds for 15 months.
As this is a limited edition bond savers will need to act fast to secure this top rate as the offer is due to expire in January.
Four Moneyfacts Stars have been awarded.
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