Business Savings
| Investment | Annual Rate (Gross PA/AER) | Further Information |
|---|---|---|
| £10,000 or more. | 3.50% | Easy access is available to your funds. Interest is credited annually on 1 November |
Available for deposits between £10,000 and £5,000,000.
New to bank customers must deposit a minimum overall balance of £100,000.
Balances below £10,000 will attract an interest rate of 0.00% AER
With effect from 6 February 2023.
Information
To open an account existing Skipton International customers only need to send written instructions to us. New customers will need to complete an application form and supply relevant identification as seen on page on the application.
Interest rates on this offshore savings account are variable. Interest is credited annually on 1 November. Interest is earned after 3 working days including the day we receive your cheque. Please note that interest may be paid gross and it is your responsibility to declare all income to your tax authority. Please note we only offer accounts in sterling.
Offshore accounts may be opened by cheque, electronic transfer or BACS. If you wish to transfer funds to us by electronic transfer or BACS click here for the details your bank will require.
The above conditions are to be read in conjunction with our General Terms & Conditions for deposit accounts.
Return to Business page.
Withdrawn & Closed Accounts
For details of closed or withdrawn offshore savings accounts