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New Euro 1 Year Fixed Rate Bond paying 5.00% Gross PA/AER*
At-A-Glance
- Minimum Balance: €10,000
- Maximum Balance: €5,000,000
- Term: Fixed for one year from date of account opening.
- Interest Paid: On maturity one year after account opening or the first working day following maturity, if the maturity date is a weekend or Bank Holiday. Interest is paid gross unless you fall within the provisions of the European Union Savings Directive (EUSD). Further details of the EUSD are set out in section 6 of our Additional Information Booklet.
- Withdrawals: Not permitted except in the event of the death of the account holder or at the discretion of Zurich Bank International Limited.
- Eligibility: Available to all personal customers, third party intermediaries, companies, trusts, charities and clubs.
- Statements: Issued after maturity of the account.
- Action on Maturity: There is a choice of payment options on maturity. If no instructions are received the capital and interest will automatically be rolled over to the currently available 1 Year Fixed Rate Bond.
- Additional Deposits: Not permitted, although further Fixed Rate Bond accounts may be opened subject to availability.
* AER stands for Annual Equivalent Rate which is a notional rate which illustrates the contractual rate as if paid and compounded on an annual basis.
Download Euro 1 Year FRB Leaflet, Application Form, Customer Identification Sheet, Trust Application Form, Charity/Club Application Form and Terms and Conditions.
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