Business Saver 120 – Issue 2
Skipton International’s corporate products are currently only available to existing customers.
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Investment£10,000+
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Annual rate (Gross PA/AER)4.75%
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120 days' variable notice account
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About this account
You can make unlimited withdrawals without loss of interest provided you give 120 days' notice and subject to a minimum transaction of £1,000. This savings account is available to Businesses, Trust Companies, Individual Pension Schemes, Banks and Financial Institutions.
- Available for deposits between £10,000 and £5,000,000.
- Balances below £10,000 will attract an interest rate of 0.00% AER
- With effect from 25 September 2024
This offshore account is available to all non-personal entities. US Dollar accounts for corporate customers, trust companies and pension schemes are available. Please view our Business Offshore USD Accounts for further information.
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Interest rate information
The interest rate on this sterling offshore savings account is variable. Interest is credited annually on 31 August. Interest is earned from the day we receive your payment. If depositing funds by cheque, interest is earned after three 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.
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How to open an account
To open an account, existing Skipton International customers will only need to send written instructions to us. New customers will need to complete an application form and supply relevant identification.
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.
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Interest Rates - SterlingInformation regarding the most recent sterling interest rates.PDF - 288KB -
Business Savings Application FormApply for a business savings accountPDF - 424KB
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Savings Tariff of Charges - SterlingA list of charges for Sterling accounts, which will be incurred by investors in different situationsPDF - 100KB
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Deposit Form - SterlingComplete this form to send Sterling funds to your accountPDF - 171KB
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Withdrawal FormProcess to withdrawal or transfer fundsPDF - 149KB
+44(0)1481 734003
corprelations@skiptoninternational.com