USD Corporate 120
Skipton International’s corporate products are currently only available to existing customers.
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Investment$25,000+
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Annual rate (Gross PA/AER)5.00%
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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 $25,000 and $5,000,000
- Balances below $10,000 will attract an interest rate of 0.00% AER
- With effect from 4 October 2023
This offshore account is available to all non-personal entities. Sterling accounts for corporate customers, trust companies and pension schemes are available. Please view our Business Offshore Sterling Accounts for further information.
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Interest rate and Terms information
The interest rate on this sterling offshore savings account is variable. Interest is credited annually on 4 October.
Interest is earned from the day we receive your payment. Interest is earned from the day we receive your payment. 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 cheques, 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 - USDInformation regarding USD interest rates.PDF - 225KB
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Business Savings Application FormApply for a business savings accountPDF - 424KB
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Savings Tariff of Charges - USDA list of charges for US Dollar accounts, which will be incurred by investors in different situationsPDF - 100KB
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Deposit Form - USDComplete this form to send US Dollar funds to your accountPDF - 213KB
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Withdrawal FormProcess to withdrawal or transfer fundsPDF - 149KB
+44(0)1481 734003
corprelations@skiptoninternational.com