Offshore savings Date:
Skipton International has launched a new issue of its popular 18-month bond that pays a market-leading rate for its sector, giving offshore investors a highly competitive deal.
The 18-month version of Fixed Rate Bond pays 1.75% yearly to 15.2.17, the top rate for its term, seeing it secure a comfortable position in the Moneyfacts charts.
The account can be opened by post or in branch before being managed in the same way, as well as by phone. It requires a minimum investment of £10,000, however savers should note that further additions and withdrawals won't be permitted, so they'll need to be certain that they can commit the required level of funds from the outset.
Skipton International is already a key player in the offshore savings market, but this new launch confirms its position as a market-leader.
Moneyfacts rating: Excellent
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