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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…

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 Immediate access is still an option, should savers require it, in return for 60 days loss of interest on the amount withdrawn.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

Savings specialist, Bradford & Bingley International (BBI) has launched new 1-year and 2-year fixed rate savings bonds to compliment the Tracker Bonds already available to savers.

Fixed Rate Bond (Issue 54) is a 1-year Fixed Rate Bond offering annual and monthly interest options paying 3.25% AER.

Fixed rate Bond (Issue 55) 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.

Both have limited availability and will close on 31 March 2009 or before if fully subscribed. Demand is expected to be high for these fixed rate so interested savers should act quickly to avoid disappointment.

BBI’s Managing Director, John Pearson commented “Despite reducing base rate we have been able to secure savers two great interest rates for longer term savings. I’m sure that these fixed rate accounts will be well received by savers, particularly those relying upon earning an income from their savings.”

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 54 & 55), 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.

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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 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 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

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…

Offshore savings bank Bradford & Bingley International has launched a one year fixed rate bond which also offers an emergency access facility.

Bradford & Bingley International has launched a fixed rate offshore savings bond paying up to 7.00% gross per annum. The bond also 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 £5,000 and is available with interest paid monthly or on maturity.

Fixed Rate Bond (Issue 44) is limited in availability and is allocated on a first come first serve basis with all funds to be received into the bond before 29 August 2008. As the fixed rate bond is limited in availability 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.

Visit the Bradford & Bingley International website for more information on Fixed Rate Bond (Issue 44), including terms and conditions and an application pack.

Alternatively contact Bradford & Bingley International direct on + 44 (0) 1624 695000.

Contact:
Bradford & Bingley International
30 Ridgeway Street
Douglas, Isle of Man, IM1 1TA
enquiries@bbi.co.im
+ 44 (0) 1624 695000

Read more…

Isle of Man based savings bank, Bradford & Bingley International (BBI), has released an offshore fixed rate bond which can only be applied for online.

Offshore savings specialist Bradford & Bingley International has launched a limited issue fixed rate savings bond, eBond Issue 3, paying an interest rate of up to 7.00%.

The account is available exclusively online, primarily aimed at British expats and is also available to residents in the Isle of Man and Channel Islands.

eBond Issue 3 Interest Rates

Tier Interest Rate
£1,000 – £99,999 6.80%
£100,000 and above 7.00%

eBond Issue 3 is the latest account to be launched in BBI’s range of internet savings accounts. This online fixed rate savings bond provides the bank’s predominantly British Expatriate customer base, with the opportunity to benefit from the peace of mind of a fixed rate over 12 months together with the convenience offered by banking online.

Marketing Manager Lynette Byrne added; “Our previous two eBonds have gone down extremely well with our international customers. We have been able to secure a highly competitive interest rate (see table above) 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. However, the bond is limited in availability so I would suggest customers open a bond as soon as possible to avoid disappointment.”

More information on eBond Issue 3, including terms and conditions, is available on the Bradford & Bingley International website under offshore savings accounts.

All applications must be made online.

Read more…

Savings specialists Bradford & Bingley International have launched a fixed rate offshore bond paying a highly competitive 7.00% interest.

Bradford & Bingley International have just launched their latest fixed rate offshore savings bond which offers an interest rate of up to 7.00% and 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 is available with interest paid on maturity.

Fixed Rate Bond (Issue 42) is limited in availability and is allocated on a first come first serve basis with all funds to be received into the bond before 23rd June 2008. As the fixed rate bond is limited in availability 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.

Visit the Bradford & Bingley International website for more information on Fixed Rate Bond (Issue 42), including terms and conditions and an application pack.

Alternatively contact Bradford & Bingley International direct on + 44 (0) 1624 695000.

Read more…

Isle of Man based savings specialists Bradford & Bingley International are offering fixed rate bonds with the option of emergency withdrawal.

Offshore savings bank Bradford & Bingley International have launched two new issues of their Fixed Rate Bonds (Issue 40 & 41).

Fixed Rate Bond Issue 40 is a limited edition 1 year bond and is available now for a short period only. The bond can be opened with a deposit of just £5,000 with deposits earning 6.10% for balances of £5,000 to £49,999, £50,000 to £99,999 earning 6.40% and balances of £100,000 and above earning 6.50% with interest payable on maturity 29 May 2009. Monthly interest is also available paying up to 6.30% with interest paid away on the last day of each month

Fixed Rate Bond Issue 41 is an 8 month bond and is available now for a limited period only. Issue 41 can be opened with deposits of £5,000 or more with deposits of £5,000 to £49,999 earning 6.20%, £50,000 to £99,999 earning 6.50% and deposits of £100,000 and above earning 6.60% gross with interest payable on maturity 30 January 2009.

Despite both issues offering a fixed rate, customers have the added convenience of an emergency withdrawal option should the need arise. Customers requiring access to their funds before the maturity date can do so subject to a 90-day interest penalty on the funds withdrawn. Conventionally funds committed to fixed rate bonds were tied up until maturity. This feature will give customers the flexibility to react to any unforeseen changes in their circumstances during the period of the deposit.

These fixed rate bonds offer comfort to 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.

More information on Fixed Rate Bond (Issue 40 & 41), including Terms and Conditions and an application pack, can be found on the Bradford & Bingley International website, www.bbi.co.im

Alternatively call+ 44 (0) 1624 695000 to receive an application pack by post.

Read more…

George Campbell becomes Relationship Management Support Executive for Isle of Man’s Bradford & Bingley International.

Bradford & Bingley International (BBI) have expanded their Business Development Team with the appointment of George Campbell to the role of Relationship Management Support Executive.

George, who has been with BBI for 18 months, was a senior member of the customer service team before the internal promotion. George has a background in customer services and prior to joining BBI worked within the Treasury division of one of the main high street banks, dealing with both high net worth individuals and major corporate clients.

Commenting on George’s appointment, Clare Dalton, Business Relationship Manager said “We are delighted that George has joined the business development team. 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.”

Bradford & Bingley International is a leading Isle of Man based offshore savings bank. As well as offering a range of savings accounts and bespoke products to corporate and high net worth individuals, BBI also offer 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 details, please contact Bradford & Bingley International on + 44 (0) 1624 695000.

Visit Bradford & Bingley’s website for more information on the offshore savings bank.

Read more…