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Abbey Int’l launches dollar and Euro deposit accounts

Abbey International is launching both a dollar and Euro deposit service with a 12mth fixed contract.

Abbey Int'l launches dollar and Euro deposit accounts

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Both the deposit services offer the opportunity to access funds via Abbey International’s Gold account, a Visa Infinite card and preferential foreign exchange rates.

The dollar account offers a 2% fixed AER for 12 months with a further 0.25% AER variable on the Gold account, with this rate tracking the US Federal reserve rate for 12 months. The minimum opening amount is $150,000 for the standard account and $200,000 for the Gold account.

Meanwhile, the Euro account offers clients a 2.4% AER, fixed for 12 months, and a further 1% variable AER on the Gold account, with the interest tracking the European Central Bank Repo Rate for 12 months. Minimum investment in the standard account is €100,000 and €150,000 for the Gold account.

Clients will also be eligible for a year’s free subscription to the recently launched Abbey International Visa Infinite card.

Jane Matthews head of client experience at Abbey said: “Our Gold account is designed to meet the multiple currency banking needs of international clients everywhere.

“Our Visa Infinite card enhances this banking offer with a comprehensive range of lifestyle, concierge and insurance benefits, designed to exceed the most demanding clients’ expectations.

“With this new bundle of offers which are all designed to work together, clients can benefit from enhanced interest rates on their fixed term deposits and Gold account holdings, whilst gaining free access to the comprehensive range of benefits available with the Abbey International Visa Infinite deferred debit card.”

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