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The savings specialists at Bradford & Bingley International (BBI) are continuing their fixed rate bond issue programme with two new savings bonds.

Fixed Rate Bond (Issue 61) is a one-year Fixed Rate Bond with annual and monthly interest options paying up to 3.00% AER on offer. Savers can deposit from £10,000 into the bond which matures on 30 June 2010.

Fixed Rate Bond (Issue 62) is a two-year Fixed Rate Bond offering with annual and monthly interest options paying 3.50% AER in the first year and 4.00% AER in the second year. Deposits start from £10,000 and the Bond matures on 30 June 2011.

Both bond issues have extremely limited availability and are to close on June 30 2009, or possibly before, if fully subscribed. The previous one-year and two-year bonds offered by BBI proved extremely popular and savers wishing to benefit from these new opportunities are encouraged to book their place early to avoid disappointment.

BBI is now a part of Abbey and the Santander Group. Clients can have confidence in Santander’s AA rating from Standard & Poor’s and that deposits with Bradford & Bingley International are covered by a full and unconditional guarantee from Abbey.

Further information about Fixed Rate Bond (Issues 61 & 62), including T&Cs and an application pack, can be found on the Bradford & Bingley International website, www.bbi.co.im, or alternatively call + 44 (0) 1624 695000 to receive an application pack by post. Read more…

ISLE OF MAN, British Isles, 13th May 2009 – Savings specialist, Bradford & Bingley International (BBI) has launched a new 1-year fixed rate savings bond along with a new variable rate Tracker Bond, which tracks at up to 3.00% above the Bank of England Base.

Fixed Rate Bond (Issue 59) offers savers annual or monthly interest at a rate of 3.00% p.a. AER. The fixed rate bond matures on 28th May 2010.

Tracker Bond (Issue 3) is also a 1-year Bond offering a variable interest rate with tiered tracking levels of up to 3.00% above Bank of England Base Rate, again with annual and monthly interest options.

Both have limited availability and will close on 29 May 2009 or before if fully subscribed.

BBI’s Managing Director, John Pearson commented “Bonds are proving to be extremely popular with savers in the current low interest rate environment. I am pleased that we have been able to offer a choice between a 3% fixed rate or a tracker bond which will pay at least 3% for the next year for those who qualify for that tracking level.”

BBI are now part of Abbey and the Santander Group. Customers can be confident in Santander’s AA rating from Standard & Poor’s and that deposits with Bradford & Bingley International are covered by the full and unconditional guarantee of Abbey. 

More information on Fixed Rate Bond (Issue 59) and Tracker Bond (Issue 3), including Terms and Conditions and an application pack, can be found on the Bradford & Bingley International website, www.bbi.co.im or alternatively call + 44 (0) 1624 695000 to receive an application pack by post. Read more…

ISLE OF MAN, British Isles, 2nd April 2009 – Savings specialist, Bradford & Bingley International (BBI) have continued their fixed rate bond programme with two new savings bonds.

Fixed Rate Bond (Issue 57) is a 1-year Fixed Rate Bond offering annual and monthly interest options paying 3.00% AER. Savers can deposit from £10,000 into the bond which matures on 30 April 2010.

Fixed Rate Bond (Issue 58) is a 2-year Fixed Rate Bond offering annual and monthly interest options paying 3.50% AER in the first year and 4.00% AER in the second year. Deposits start from £10,000 and the Bond matures on 29 April 2011.

Both have very limited availability and will close on 30 April 2009 or before if fully subscribed. The previous one-year and two-year bonds offered by BBI proved extremely popular and savers wishing to benefit from these new opportunities are encouraged to book their place early to avoid disappointment.

BBI’s Managing Director, John Pearson commented “Both of these bonds provide great interest rates for savers. The accounts will appeal strongly to customers reliant on earning an income from their savings. This has been a difficult time with falling Bank of England Base Rates and we are pleased to be able to offer rates at up to 3.50% above current Base Rate.” Read more…

Bradford & Bingley International (BBI) have launched two new competitive savings accounts. Easy Saver and Global Saver were launched on 28th February and replace a number of existing savings accounts to form the foundations of the BBI savings account range.

Easy Saver is an access savings account requiring no notice for withdrawals and paying an attractive rate of interest for balances of £5,000 and above. Savers can opt to have their interest paid annually, monthly or deferred (on account closure), to suit their individual requirements. Easy Saver is currently paying 2.50% for annual and deferred interest and 2.45% (AER 2.48%) for monthly interest.

For savers looking for a higher interest rate savings account, Global Saver offers a premium interest rate in return for 60 days notice for withdrawals. Immediate access is still an option, should savers require it, in return for 60 days loss of interest on the amount withdrawn. Again, savers can opt to receive their interest annually, monthly or deferred. Global Saver is currently paying 2.75% for annual and deferred interest and 2.70% (AER 2.73%) for monthly interest.

BBI’s Managing Director John Pearson commented: “The two new savings accounts help to make our range a much clearer proposition to savers. As well as complimenting each other, they work extremely well alongside our longer term savings accounts such as out Fixed Rate Bonds.”

BBI is now part of Abbey and the Santander Group. Savers can be confident in Santander’s AA rating from Standard & Poor’s and that deposits with BBI are covered by the full guarantee of Abbey.

More information on Easy Saver and Global Saver can be found on BBI’s website, www.bbi.co.im or alternatively call +44 (0)1624 695000.

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Note to editors: For further information, please contact BBI on +44 (0)1624 695000 or visit www.bbi.co.im

Photograph attached is of John Pearson, Bradford & Bingley International’s Managing Director.

EU Savings Directive rules apply to EU resident depositors.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid to the account once a year.

Under Isle of Man legislation, deposits made with an Isle of Man office of Bradford & Bingley International Limited are covered by the Isle of Man Depositors Compensation Scheme.

Bradford & Bingley International Limited is registered in the Isle of Man No. 052221C. Registered Office: 30 Ridgeway Street, Douglas, Isle of Man, IM1 1TA, British Isles. Licensed by the Isle of Man Financial Supervision Commission to take deposits.

SOURCE: Bradford & Bingley International

Representatives from 24 local charities recently attended a reception at Bradford & Bingley International’s (BBI’s) office in Douglas, where they each received a special Golden Ticket after successfully taking part in the Bank’s 12 days of Christmas campaign.

In a similar way to those issued in the famous Roald Dahl novel, the BBI Golden Tickets entitled the recipient to a fantastic gift as George Campbell, Bradford & Bingley’s Community Affairs Manager explains:

“In December, we invited all local charities to email their suggestions for a Christmas gift that would most benefit their organisation. We were delighted to award 24 Golden Tickets to local charities and have pledged to provide them with either manpower or a Monthly Dress Down donation.”

Over the next 12 months BBI staff will be on hand to provide valuable assistance to Golden Ticket winners at a variety of fundraising events, ranging from painting and decorating, bag packing and as a special treat for the ladies, male staff will don their tuxedos and act as butlers at a charity Fashion Show.

Commenting on this latest initiative John Pearson, Managing Director said: “We were very pleased to be involved with this campaign and provide assistance to so many deserving local charities and are proud to be able to support our local community in this way.” Read more…

School wins £500 towards musical instruments from 12 Days of Christmas Campaign

Bradford & Bingley International (BBI), donated £500 to St Thomas’ Church of England School for the purchase of musical instruments following the school’s success in BBI’s 12 Days of Christmas draw.
BBI’s Community Affairs Manager, George Campbell, added “The 12 Days of Christmas has been a fun event for all the staff here at BBI and has allowed us to help charities and the local community where they need it most. It was also very pleasing to present the cheque to St Thomas’ Church of England School in person and meet the children that will benefit from this donation.”

The ’12 Days of Christmas’ event was part of BBI’s ‘me&my community spirit’, the events aim was to make the wishes come true for Isle of Man charities. Charities were invited to ‘send a letter to Santa’ to let him know their Christmas wishes, which ranged from new equipment and extra man power to extra cash. All letters were then entered into a draw with the lucky winners having their wishes granted.

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Notes to Editors

For further information, please contact BBI on +44 (0)1624 695000 or visit www.bbi.co.im

Photograph available of cheque presentation to Mr Jonathan Ayres, Headmaster of St Thomas’ Church of England School, George Campbell and Georgie Dempsey-Moore from Bradford & Bingley International, Mrs Wendy Christian, Parent who made the application on behalf of the school and Mrs Christian’s daughter, Fern, who attends the school.

Bradford & Bingley International Limited is registered in the Isle of Man No. 052221C. Registered Office: 30 Ridgeway Street, Douglas, Isle of Man, IM1 1TA, British Isles. Licensed by the Isle of Man Financial Supervision Commission to take deposits.

SOURCE: Bradford & Bingley International

Offshore savings specialist Bradford & Bingley International (BBI) has announced new interest rates on its Sterling savings accounts with effect from 17th January 2009. The review of savings interest rates followed a decision by the Bank of England on 8th January 2008 to reduce base rate for the fourth month in a row to the lowest level in the Bank’s history at 1.50%.

Despite the recent reductions in Base Rate, savers with Bradford & Bingley International can earn up to 2.00% above base rate in eAccess2. eAccess2 is an internet based savings account developed primarily for the convenience of British Expats around the world and is currently paying an extremely attractive interest rate of 3.50% for annual interest. Monthly and deferred interest options are also available.

BBI’s Managing Director John Pearson commented: “Although the recent base rate reductions haven’t been good news for savers, we are pleased to maintain the competitive offer that eAccess2 represents.”

BBI is now part of Abbey and the Santander Group. Savers can be confident in Santander’s AA rating from Standard & Poor’s and that deposits with BBI are covered by the full guarantee of Abbey.

More information on eAccess2 and BBI’s latest savings rates can be found on BBI’s website, www.bbi.co.im or alternatively call +44 (0)1624 695000.

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Note to editors: For further information, please contact BBI on +44 (0)1624 695000 or visit www.bbi.co.im

EU Savings Directive rules apply to EU resident depositors.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if the interest was paid to the account once a year.

Under Isle of Man legislation, deposits made with an Isle of Man office of Bradford & Bingley International Limited are covered by the Isle of Man Depositors Compensation Scheme.

Bradford & Bingley International Limited is registered in the Isle of Man No. 052221C. Registered Office: 30 Ridgeway Street, Douglas, Isle of Man, IM1 1TA, British Isles. Licensed by the Isle of Man Financial Supervision Commission to take deposits.

SOURCE: Bradford & Bingley International

Offshore savings specialist Bradford & Bingley International (BBI) has announced new interest rates on their US Dollar and Euro savings accounts following recent reductions in rates by both the US Federal Reserve and European Central Bank.

BBI provide a range of savings accounts, including US Dollar and Euro currency accounts, to British Expats along with Isle of Man and Channel Island residents.

BBI’s Managing Director John Pearson commented: “Currency savings accounts are an important part of many an expatriate’s savings portfolio and we are pleased to continue to offer competitive US Dollar and Euro accounts as part of our savings range.”

BBI is now part of Abbey and the Santander Group. Savers can be confident in Santander’s AA rating from Standard & Poor’s and that deposits with BBI are covered by the full guarantee of Abbey.

More information on US Dollar and Euro savings accounts along with the latest currency interest rates available can be found on BBI’s website, www.bbi.co.im or alternatively call +44 (0)1624 695000.

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Note to editors: For further information, please contact BBI on +44 (0)1624 695000 or visit www.bbi.co.im

EU Savings Directive rules apply to EU resident depositors.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if the interest was paid to the account once a year.

Under Isle of Man legislation, deposits made with an Isle of Man office of Bradford & Bingley International Limited are covered by the Isle of Man Depositors Compensation Scheme.

Bradford & Bingley International Limited is registered in the Isle of Man No. 052221C. Registered Office: 30 Ridgeway Street, Douglas, Isle of Man, IM1 1TA, British Isles. Licensed by the Isle of Man Financial Supervision Commission to take deposits.

SOURCE: Bradford & Bingley International

Offshore savings bank Bradford & Bingley International (BBI) has announced the release of two new fixed rate savings accounts.

Savings specialist, Bradford & Bingley International (BBI) has launched two new fixed rate savings bonds on the back of increased customer demand.

For savers looking for longer term deposits, Fixed Rate Bond Issue 46 is a one year bond available for balances of £5,000 and above. Interest is payable either on maturity at 6.70% or monthly earning 6.50% (6.70% AER).

Fixed Rate Bond Issue 47 offers a short term alternative with an interest rate of 6.00% fixed for 3 months. The bond is available for balances over £5,000 with interest paid on maturity.

BBI’s Managing Director, John Pearson commented: “With the recent reduction in Bank of England Base Rate to 4.50% these bonds represent a great opportunity for savers in what are difficult times. The added security offered by Abbey’s take-over of BBI will give savers that all important peace of mind as to the safety of their deposit.”

Read more…

Paying 7% interest, Isle of Man-based savings bank Bradford & Bingley International has just released its latest limited edition fixed rate savings bond.

Offshore savings bank Bradford & Bingley International is carrying on its competitive run of fixed rate savings bonds with its one year Fixed Rate Bond (Issue 45). The bond pays an impressive 7.00% gross per annum.

The latest fixed rate bond is offered on balances over £10,000, and interest is 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.

Sold on a first-come-first-served basis, Fixed Rate Bond (Issue 45) is a strictly limited edition product. The closing date for applications is 30 September 2008.

As a leading offshore savings bank, Bradford & Bingley International has been providing individual savings solutions to private customers and financial institutions for over 16 years.

Further information about Fixed Rate Bond (Issue 45), including an application pack and full Terms and Conditions, can be found on the Bradford & Bingley International website, www.bbi.co.im or alternatively call+ 44 (0) 1624 695000 to receive an application pack by post.

Information on Bradford & Bingley International and its full range of offshore savings accounts can be found at www.bbi.co.im.

Read more…