NatWest International Personal Banking (IPB) has launched the Platinum Deposit range, a 1 and 2 year account for expat savers who want the security of fixed interest rates. These two new deposit accounts provide both guaranteed rates and up to three interest payment options.
Savers can opt for interest to be paid on a monthly basis, or at maturity, or with the 2 year account only on an annual basis. Commenting on the launch, Dave Isley, Head of NatWest IPB, says, “In uncertain times when interest rates remain volatile, fixed interest rates are an attractive option. We have listened to our customers and we know how valuable flexibility can be, which is why we are offering a choice of interest payment options on a monthly basis, at maturity or annually in the case of the 2 year deposit.” For the 1 Year Platinum account with a minimum balance of £5,000 the...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
