1 Year Fixed Rate Bonds
Eligibility
- All personal customers
- Third party intermediaries
- Companies
- Trusts
- Charities
- Clubs
1 Year Fixed Rate Bonds
(Sterling, Euro & US Dollar)
|
Sterling |
Euro |
US Dollar |
| Min balance: |
£10,000 |
€10,000 |
$10,000 |
| Max balance: |
£5,000,000 |
€5,000,000 |
$5,000,000 |
| Interest rate: |
1.75% |
2.30% |
1.50% |
Term
Fixed for one year from date of account opening.
Interest
Interest is 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 Terms & Conditions.
Withdrawals
Withdrawals are not permitted except in the event of the death of the account holder or at the discretion of Zurich Bank International Limited.
How to apply
To apply for any of these accounts download an application form (from the top right-hand side of this page), complete and return to:
Relationship Banking Team
Zurich Bank International Limited
PO Box 422
Lord Street
Douglas
Isle of Man
IM99 3AF
British Isles
Statements
Statements are 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 in the same currency.
Additional Deposits
Additional deposits are not permitted, although further Fixed Rate Bond accounts may be opened subject to availability.
