launch of Savings account and bond products
Alliance & Leicester International (ALIL) has launched two sterling-based products: a two-month notice savings account and a fixed-rate one-year bond. The Offshore 60 Plus Account offers customers a choice of annual or monthly interest (see table). All rates are variable and include a special introductory premium of 0.30% guaranteed until 1 June 2005. The minimum balance is £10,000. There is no limit to the number of withdrawals, provided the remaining balance stays above the account minimum of £10,000. Withdrawals require 60 days' notice but funds can be accessed without notice subject...
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