Competitive offshore saving with Permanent Bank | Product News - Moneyfacts

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Competitive offshore saving with Permanent Bank

Competitive offshore saving with Permanent Bank

Category: Offshore savings
Date: 14/07/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Permanent Bank International has launched a new issue of its popular 15 month offshore bond, which easily holds its own in the Moneyfacts charts.

The basics…

Limited Edition Fixed Term Sterling Deposit (Issue 4) pays 1.85% on maturity after 15 months, from a minimum investment of £20,000. The account can be operated by phone or in branch.

The finer details…

As is common in the short term bond market, there's no flexibility for early access or additions so investors will need to be comfortable locking their money away for the full term.

Why we like it…

Permanent Bank's review sees its 15 month bond pay a top ten rate when compared to similar offshore accounts, offering a highly competitive choice for investors with the right deposit.

Four Moneyfacts Stars have been awarded.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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