Offshore savings bank Alliance & Leicester International has lowered the minimum opening balance in ...
Offshore savings bank Alliance & Leicester International has lowered the minimum opening balance in its Offshore 180 Plus Account from £50,000 to £10,000. The move is intended to allow wider access to the account, which offers interest of 4.4% paid gross annually, without the reduction of tax on 31 March. The account also offers a 0.25% bonus if no withdrawals, which are subject to a 180 days' notice period, are made during any 12-month period. There is no limit to the number of withdrawals that can be made, provided the balance does not fall below £10,000. Maximum investment in the ...
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