Skipton International launches US Dollar Accounts for Corporates

Skipton International, the Guernsey-licensed bank, has added a series of US Dollar Accounts to its suite of Sterling Savings Accounts for corporate clients.

Skipton International, the Guernsey-licensed bank, has added a series of US Dollar Accounts to its suite of Sterling Savings Accounts for corporate clients.

The new accounts offer up to a rewarding 1.15% AER interest rate on US dollars. With corporates already supportive of Skipton’s Sterling Rate Accounts, these new US Dollar products are an additional suite to complement existing products, making a real difference in the customer's pocket. For all accounts the minimum opening balance is $10,000 and the minimum transaction is $1,000. Balances below $10,000 will attract 0.00%.

The maximum deposit allowed is $5 million for the Notice accounts, and $1 million for the Access account.

The new US Dollar Corporate Accounts are:

US Dollar Corporate 120 Day Notice – 1.15% AER

US Dollar Corporate 40 Day Notice – 0.90%

US Dollar Access – 0.65%

Jeremiah O’Keeffe, Director JCAP Treasury Services, who was one of the first to open a US Dollar account with Skipton said:

 “At JCAP Treasury Services we have had a close relationship with Skipton International spanning many years and we have found that their GBP accounts have always provided competitive pricing for our clients.

“We are delighted that they have now added a selection of USD products to their range, and we will be pleased to be able to recommend them to our clients.”

Nigel Pascoe, Business Development Director at Skipton International said: "We wanted customers to have a US Dollar account option that was both rewarding and headache-free, and now we've successfully done that with these new corporate products. We're listening to our customers and working hard to bring them the highest value banking possible. We're proud of that. To find out more, corporates can visit: https://www.skiptoninternational.com/usd-business”