Investec unveils fixed term deposit account

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Investec Bank (Channel Islands) has launched a one year fixed term deposit account with a rate of 2.25% AER on sterling, euro and US dollar accounts.

The Investec Fixed Term Deposit account has a minimum opening balance of £50,000 or currency equivalent and pays interest on maturity. It includes online statement viewing and access to a personal relationship manager on Guernsey. "We recognise with the major base rates being at a record low it is difficult for clients to find a good return on their savings, says Laura Preston at Investec in Guernsey. "This account is ideal for savers looking for a guaranteed return on their funds and access to specialist services, such as our highly experienced foreign exchange team," she adds. More...

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