Bank of Scotland 6 Month Fixed Rate Account (Offshore Term) Features & Benefits
(currently displaying summary information only)| Feature / Benefit | Summary | Details | Rating out of 5 | ||
|---|---|---|---|---|---|
| Application Criteria: | |||||
| Permanent UK Resident |  | no | This product is not just available to individuals who are permanent UK residents. | ||
| Minimum Initial Investment | | £10,000 | The minimum investment required to open this account is £10000. |  | |
| Open to UK Residents | | yes | This account is open to UK residents. | ||
| Open to Non-UK Residents | | yes | This account is open to Non-UK residents. | ||
| Rates: | |||||
| Account Term | | 6 months | The term is for 6 months. |  | |
| Headline Interest Rate | | 1.35% | The headline interest rate is 1.35% AER | | |
| Fixed Interest Rate | | yes | Interest rate is fixed. | ||
| Interest Payment Frequency | | maturity | Interest is payable on maturity. | ||
| Fixed Rate Period | | 6 months | The interest rate is fixed for 6 months. | ||
| Step-Up Bond | | no | This is not a step up bond. | ||
| Children's Savings: | |||||
| Children's Savings Account | | no | no | ||
| Account Access: | |||||
| Account Type | | Offshore Term | Offshore Term | ||
| Limited Issue | | no | This account is not a limited issue. | ||
| Phone Access | | no | Withdrawals cannot be requested via the telephone. | ||
| Closure Before Maturity | | no | Closure before maturity is not permitted. | ||
| Account Management: | |||||
| Additional Deposits | | no | Additional deposits are not allowed after the account is opened. | ||
| Transferred on Maturity | | Matured Funds A/c | If no instructions are received from the customer the Bank will place the funds in a Matured Funds Account. | ||
| Additional Information | | none | There is no additional information. | ||
