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Offshore Savings Account Annual Equity-Linked Income Account

 

With an Annual Equity-Linked Income Account from Abbey International, you can treat yourself and your money to the best of both worlds.

Enjoy capital security and, at the same time, benefit from a potential fixed return of up to 5.50% gross /AER* on sterling deposits or 4.00% gross/AER* on US dollar deposits over a five year term. You have the choice to open this account in sterling or US dollars – or in both currencies – providing you invest a minimum of £50,000 or $100,000. The maximum you can invest is £5,000,000 or $5,000,000.

All the capital you invest will be linked to the performance of the FTSE 100 Index between 26 June 2009 (the Strike Date) and 30 June 2014 (the Maturity Date). During this time you will receive an annual fixed rate return on your sterling or US dollar investment, providing that the closing level of the FTSE 100 at the end of each yearly period is the same as, or higher than, the Strike Date Index Level. If the FTSE 100 closing level is less than the Strike Date Index Level, for any yearly period, then you will not receive a return for that year. Withdrawals are not permitted during the term of the Account.

You must hold an Abbey International Call Account for the term of the product.

The Annual Equity-Linked Income Account is a Limited Offer and will close early if fully subscribed. Due to limited availability, accounts will be opened on a first come, first served basis.

To apply

For more information and to apply for an Abbey International Annual Equity-Linked Income Account, please contact us

* Rates correct as at 20 April 2009. AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The gross rate is the rate payable where interest is paid without the deduction of tax.

 
 
 

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