Permanent Bank International unveils notice rate | Product News - Moneyfacts

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Permanent Bank International unveils notice rate

Permanent Bank International unveils notice rate

Category: Offshore savings
Date: 29/05/2013

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 It is now over 6 months old so the content may be out of date.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 issued an attractive new variable notice account paying two different rates of return dependent on the amounts invested.

The basics…

An annual rate of 1.50% is paid for deposits between £25,000 and £1 million, whilst those with investments between £10,000 and £24,999 will receive 1.25%.

The finer details….

Savers must give 90 days' advance notice prior to accessing funds. Early access is allowed, although this is subject to a 90 days' loss of interest penalty.

The account can be operated in branch or by post.

Why we like it….

This competitive offshore savings account should appeal to savers with larger investments who do not require immediate access to their funds. Four out of five Moneyfacts Stars have been awarded.

What next?

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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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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