Savings specialist Bradford & Bingley International, based in the Isle of Man, has launched two new fixed rate savings bonds.

For long term deposits, Fixed Rate Bond Issue 46 is a 1 year bond which pays 6.70% interest on maturity or 6.50% (6.70% AER) monthly.

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Bradford & Bingley International, a major offshore savings bank, has released details of its latest fixed rate savings bond.

The savings specialist is extending its competitive run of fixed rate savings bonds with its one year Fixed Rate Bond (Issue 45) paying 7% interest per annum.

The fixed rate bond is available for balances over £10,000, with interest being paid on maturity. The bond also offers the comfort for all bond customers that the rate offered is fixed throughout the life of the bond, regardless of changes in the Bank of England Base Rate.

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Bradford and Bingley International, an offshore savings bank, have announced the launch of a new one year fixed rate savings bond.

Fixed Rate Bond (Issue 44) comes with a competitive interest rate of up to 7.00% and matures on 31st August 2009. The online savings bond offers a fixed rate of interest regardless of any reduction in the UK base rate, with the option of having interest paid monthly or on maturity.

The offshore bond also offers an emergency access facility, allowing customers to access their funds at any time, subject to a 90-day interest penalty on the amount withdrawn.

Fixed Rate Bond (Issue 44) is limited in availability and is allocated on a first come first serve basis.
The final date for funds to be received into the bond is 29th August 2008 or sooner if fully subscribed.

Bradford & Bingley International is an offshore savings bank based on the AAA rated Isle of Man. It offers a range of savings accounts for international and expatriate customers as well as Isle of Man and Channel Island residents.

See the Bradford & Bingley International website for more information on the Fixed Rate Bond (Issue 44).

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Offshore savings specialist Bradford & Bingley International (BBI) has launched a limited edition fixed rate savings bond paying an interest rate of up to 7.00%.

The account is only available online and is primarily aimed at British expats and members of the international community.

The online savings bond, eBond Issue 3, is the latest account to be added to BBI’s range of internet savings accounts. It offers a fixed rate over 12 months together with the convenience of online banking. Interest is paid when the bond matures on 14th July 2009.

Marketing Manager Lynette Byrne said, “Our previous two eBonds have gone down extremely well with our international customers. We have been able to secure a highly competitive interest rate of up to 7.00% for eBond Issue 3 and I am sure this bond will prove to be popular with existing and new customers alike.”

More information about the fixed rate savings bond is available on the Bradford & Bingley International website under offshore savings accounts.

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Offshore savings bank Bradford & Bingley International has just released its latest fixed rate sterling savings bond which is offering an interest rate of up to 7.00% gross per annum.

The bond is fixed for 1 year and even gives savers the flexibility of emergency withdrawals if required in lieu of 90 days loss of interest on the amount withdrawn.

The bond can be opened with a minimum balance of £10,000 and interest is paid at maturity on the 30 June 2009.

Fixed Rate Bond (Issue 42) is limited in availability and is allocated on a first come first served basis and it may be closed sooner if it becomes fully subscribed.

Bradford & Bingley International is a leading offshore savings bank based on the AAA rated Isle of Man. It offers a wide range of tax efficient savings accounts for international and expatriate customers as well as Isle of Man and Channel Island residents.

More information on Fixed Rate Bond (Issue 42) can be found on the Bradford & Bingley International website, www.bbi.co.im.

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Isle of Man based savings bank, Bradford & Bingley International, has launched two new fixed rate bonds.

A limited edition one year bond (Fixed Rate Bond Issue 40), is currently paying up to 6.50% with interest paid on maturity on 29 May 2009. The bond also offers a monthly interest option with up to 6.30% being paid on the last day of each month.

An eight month bond is also available (Fixed Rate Bond Issue 41) which pays up to 6.60% gross with interest payable on maturity on 30 January 2009.

Both bonds offer a fixed rate of interest regardless of changes in the Bank of England Base Rate and can be opened with a minimum deposit of £5,000.

The bonds also offer an emergency withdrawal option, allowing customers to access their funds before the maturity date, subject to a 90-day interest penalty on the funds withdrawn.

Conventionally funds committed to fixed rate bonds are tied up until maturity but this feature offers bond holders the flexibility to react to any unforeseen changes in their circumstances during the period of the deposit.

Bradford & Bingley International is a leading offshore savings bank that specialises in a range of tax efficient savings accounts for international and expatriate customers.

More information on the fixed rate bonds can be found at the Bradford & Bingley International website, www.bbi.co.im by phoning + 44 (0) 1624 695000.

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Offshore savings bank Bradford & Bingley International has expanded its Business Development Team with the appointment of George Campbell to the role of Relationship Management Support Executive.

George was a senior member of the customer service team before the promotion and has been with the Isle of Man based savings bank for 18 months. Prior to the appointment, George worked within the Treasury division of one of the main high street banks, dealing with both high net worth individuals and major corporate clients.

“We are delighted that George Campbell has joined the business development team,” said Clare Dalton, Business Relationship Manager. “George’s experience in both the local corporate and high net worth market will complement the already experienced team we have here at BBI and will further enhance the service we provide to our clients,” she added.

Bradford & Bingley International is a leading offshore savings bank which provides a range of bespoke savings products to corporate and high net worth individuals. The bank also offers a wide range of tax efficient savings accounts for international and expatriate customers, as well as Isle of Man and Channel Island residents.

For further information contact Bradford & Bingley International on + 44 (0) 1624 695000.

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Savings specialists Bradford & Bingley International (BBI) have released a fixed rate offshore bond paying up to 6.30% interest.

The Fixed Rate Bond (Issue 39 has an emergency access provision, giving savers the flexibility of no-notice withdrawals subject to 90 days interest penalty.

Bradford & Bingley International has seen a surge in demand for fixed rate bonds due to widespread expectation that the Bank of England will reduce the UK base rate by 0.25% in either April or May.

The new account can be opened with a minimum balance of £5,000. Savers can choose to receive their interest either on maturity or at the end of each month, thus giving customers a regular income from their deposit.

Bradford & Bingley International, an offshore savings bank on the AAA rated Isle of Man, offers a range of tax efficient offshore savings accounts for the international and expatriate communities, as well as Isle of Man and Channel Island residents.

The bond is available until 30th April 2008 but may close sooner if it becomes fully subscribed.

More information on Fixed Rate Bond (Issue 39) can be found on the Bradford & Bingley International website, www.bbi.co.im.

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Offshore savings specialists Bradford & Bingley International have increased the rate of interest offered on two of their Internet savings accounts.

The increase comes despite a 0.25% decrease by the Bank of England to UK Base Rate on 7th February 2008.

The offshore savings bank, which is based on the Isle of Man, has raised the interest on two of its ‘eSavings’ online savings accounts – the eSaver and eIncome.

eSaver is a no notice savings account which offers 6.40% interest and includes a 0.50% premium if no more than 3 withdrawals are made over the financial year. eIncome is a monthly interest, no notice savings account that pays up to 6.00% p.a. (AER 6.17%).

Bradford & Bingley International’s range of Internet savings accounts are only available online and provide predominantly British expatriates with competitive offshore interest rates and the convenience of online banking.

Acting Managing Director Lynette Byrne said, “We are delighted to provide a solution to meet the varying needs of our expatriate and international customer base and are sure that the increase in interest rate on these accounts will be well received.”

Visit the BBI website for more information on the eSavings Internet savings accounts.

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Bradford and Bingley International, an offshore savings bank, have announced the launch of a new one year fixed rate savings bond.

The Fixed Rate Bond (Issue 38) comes with a competitive interest rate of up to 6.30% and matures on 31st March 2009. The online savings bond offers a fixed rate of interest regardless of any reduction in the UK base rate, with the option of having interest paid monthly or on maturity.

Fixed rate bonds have seen a surge in popularity following the recent reduction in the Bank of England’s base rate to 5.25% and speculation that further cuts are expected in 2008.

The offshore bond also offers an emergency access facility, allowing customers to access their funds at any time, subject to a 90-day interest penalty on the amount withdrawn.

Fixed Rate Bond (Issue 38) is limited in availability and is allocated on a first come first serve basis. The final date for funds to be received into the bond is 31st March 2008 or sooner if fully subscribed.

Bradford & Bingley International is an offshore savings bank based on the AAA rated Isle of Man. It offers a range of savings accounts for international and expatriate customers as well as Isle of Man and Channel Island residents.

See the Bradford & Bingley International website for more information on the Fixed Rate Bond (Issue 38).

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