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BOS Raises Dollar Interest Rates

by Carla Johnson, Investors Offshore.com

27 April 2006

Exploiting US rate pressure has enabled Bank of Scotland International to raise the rates on its International US Dollar account: with effect from 12 April 2006 investors will benefit from rates of up to 4.10% Gross/AER on larger balances.

Michael Chaytor, Head of Retail, Bank of Scotland International comments, “Recent pressure in the US market means that we have increased the rates on our International US Dollar account. In particular, clients with deposits in the higher tiers will notice a rise in the rate they receive, with our top savings rate now being at 4.10% Gross/AER for US dollars.”

Bank of Scotland International also has a range of deposit and income oriented US dollar accounts. This includes a new US Dollar Capital Guaranteed Savings Bond, which opens for applications from 1 May 2006.

Investors can visit www.bankofscotlandinternational.com for further information.

Bank of Scotland International, part of the HBOS group, offers a comprehensive range of banking and savings solutions worldwide from its offices in Jersey and Isle of Man. Bank of Scotland International provides financial support to expatriates, international clients and the UK, Isle of Man and Channel Island communities.

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