Britannia International has launched a three-year fixed rate deposit account offering a rate of 4.80% gross per annum.
Existing customers can open the account with a minimum investment of £5,000, while new customers require a minimum of £10,000. The maximum investment is £1m.
No further payments can be made into the account. However, an investor is allowed to open additional accounts, subject to availability. No withdrawals are permitted before the end of the three-year term.
Interest can be paid either annually or monthly.
This is a strictly limited issue and will be withdrawn once fully subscribed. The product is domiciled in the Isle of Man.
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