HSBC Bank International has this week unveiled a new savings offer called '766', which provides savers with 7% sterling, 6% US dollar, and 6% euro, a special three month fixed term deposit, available until 31 March 2008.
HSBC explained that:
"In recent years, offshore banking has hit record popularity and with more people reaping the benefits of its convenience, privacy, security, tax efficiency and market- leading rates, offshore banks have some of the best savings offers available."
HSBC Bank International’s new offer requires customers to open a Premier Bank Account and fund it to GBP60,000 or currency equivalent.
Thereafter, any savings of more than GBP10,000, USD25,000 or EUR25,000 will qualify for rates that the bank argues beat the saving rates of other key international banking institutions.
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