Alliance & Leicester International Limited, the Isle of Man based offshore savings bank, has launched a new 'eSaver Offshore Flexible Income' account, it announced recently.
The new eSaver Offshore Flexible Income Account offers an interest rate of 6.35% AER, with the option of either monthly or quarterly interest payment, and it allows customers to apply for and manage their savings online.
Additionally, customers can withdraw up to GBP5,000 a month without notice,
for unforeseen expenses, with the provision to be able to change online whether
they receive interest on a monthly or quarterly basis.
Simon Hull, Managing Director of Alliance & Leicester International explained that:
"Our new eSaver Offshore Flexible Income account has been designed specifically for expat savers who require a regular income from their savings, providing them with the ease of an online account, strong rates and the opportunity to make a penalty-free withdrawal of GBP5,000 every month."
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