Kaupthing Singer & Friedlander (Isle of Man) has extended its Platinum Offshore Account service with the availability of US dollar and euro accounts.
The Platinum range of notice accounts track interest rates set by the UK’s Monetary Policy Committtee, US Federal Reserve or European Central Bank. Interest is paid annually and clients can choose a notice period of 32, 60, 90 or 180 days. The account is available to both personal and corporate investors, with a minimum deposit of £25,000, $50,000 and €50,000. Additional deposits can be made at any time and statements are issued on a quarterly basis.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes