Offshore savings 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.
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.
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