Euro accounts - Current Rates |
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rates |
Euro Tracker Premium account - with effect from 1 June 2009 |
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| Annual/Interest on closure |
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Gross* p.a.% |
A.E.R. % |
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| €5,000 - €49,999 | Year 1 | 1.05 † |
1.05 |
| Thereafter | 0.75 |
0.75 |
|
| €50,000+ | Year 1 | 1.10 ‡ |
1.10 |
| Thereafter | 0.75 |
0.75 |
|
| † Includes a variable premium of 0.05% above the European Central Bank's minimum bid rate
‡ Includes a variable premium of 0.10% above the European Central Bank's minimum bid rate |
Euro Savings account - with effect from 1 June 2009 |
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| Annual/Interest on closure | ||
Gross* p.a.% |
A.E.R. % | |
| €1,000 to €24,999 | 0.15 | 0.15 |
| €25,000 to €49,999 | 0.20 | 0.20 |
| €50,000 to €99,999 | 0.20 | 0.20 |
| €100,000 to €249,999 | 0.20 | 0.20 |
| €250,000 and above | 0.25 | 0.25 |
Balances below €1,000 in our Euro Savings account will receive interest at 0.10% gross* p.a./A.E.R.
All rates quoted are variable.
* All interest rates are quoted gross. Interest paid or credited in respect of accounts held by certain individuals may be subject to a retention tax in accordance with the arrangements under Isle of Man law for the implementation of equivalent measures to the EU Savings Tax Directive.
The Annual Equivalent Rate (A.E.R.) is a notional
rate which illustrates the contractual rate as if paid and compounded
on an annual basis.