Bank of Scotland International has launched the third issue of its five year structured product.
The Bank of Scotland International Portfolio Plus Issue Three is a sterling structured product where performance is linked to the FTSE 100 index.
If offers a potential return of 8% p.a. for the five year term subject to the FTSE 100 remaining at or increasing above the start date level.
Each year any return is automatically paid into a Bank of Scotland International Matured Funds Account, which enables customers to access the funds.
Investors will receive their original deposit back at the end of the term regardless of the performance of the FTSE 100.
Portfolio Plus has a minimum deposit level of £20,000. The closing date for applications is 6 October 2009.
The start date for the product is 9 October 2009. The end date is 9 October 2014.
Early depositors will receive interest of 2.5% AER gross on deposits received between 28 July and 8 October. Additional deposits, part withdrawals and early closures are not allowed during the term.
"Portfolio Plus has been designed to enable customers to receive a better return than they would receive through current cash deposits, whilst still providing the guarantee that their original deposit will be returned upon maturity," says James Gairdner, marketing and product director at Bank of Scotland International.
More information is available at: www.bankofscotlandinternational.com or by calling: 01543 825045.
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