Overseas Residents (15010) & Charities Account (28010)

Overseas Residents - closed for new accounts.
Charities - open for new accounts.

Interest is paid twice yearly without deduction of income tax provided you qualify as an Overseas Resident, or your organisation qualifies as a Charity. The terms are the same as for the Special Share account, making this a very attractive form of investment for those who wish to obtain the maximum benefit from their special status.

Rates from 1st February 2010 (Previous rates to 31/01/2010 are shown in brackets) 

	GROSS AER	GROSS	NET
For investments of £40,000 or more	1.20% (1.56%)	1.20% (1.55%)	PAID GROSS
For investments of £10,000 or more	0.20% (0.55%)	0.20% (0.55%)	PAID GROSS
£500 or more	0.10% (0.25%)	0.10% (0.25%)	PAID GROSS
TERMS
£500 minimum. Sixty days' written notice of withdrawal with full interest. Withdrawals at one day's written notice with sixty days' loss of interest on sum withdrawn. Withdrawals may be made at one day's written notice and without penalty provided the balance REMAINING in the account after withdrawal is not less than £10,000.