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IOM Bank Offers New Fixed Rate Bond

by Carla Johnson, Investors Offshore, London

04 April 2007

Alliance & Leicester International Limited (ALIL), the offshore savings bank, has launched a new, limited edition 1 Year Fixed Rate Bond (Issue 34) with a competitive fixed interest rate of 6.00%.

Customers can deposit between GBP5,000 and GBP1,000,000 into the Bond, which will mature on 30 April 2008. As with all previous issues, savers can choose to have their interest paid on the maturity of the Bond or on a monthly basis. Interest can be paid either by transfer into another ALIL account, or by transfer to a bank or building society account in the Isle of Man, United Kingdom or the Channel Islands.

Simon Hull, Managing Director of Alliance & Leicester International commented: "Our range of fixed rate bonds continues to meet the needs of our customers. We strive to give our customers the best rate possible in what is a highly competitive market. We are truly Offshore with all of our customer data held in the Isle of Man and this offering represents excellent value for our customers."

For more information on the 1 Year Fixed Rate Bond (Issue 34) or any other Alliance & Leicester International account, customers can call +44 (0)1624 678286 or visit www.alil.co.im.

 

 






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