International Bond - Daily Deposit account rates
The International Bond can be written on either a Life Assurance or Capital Redemption basis. All information on this page is relevant to both options.
International Bond investors can choose from a number of deposit accounts made available by Standard Life International dac. We’ll apply a simple stepped product charge ranging from 0.20% to 0.55% a year, depending upon the size of the bond, to investments made in deposit accounts.
We constantly review the deposit accounts market to make sure the accounts available reflect demand. If a deposit account doesn't appear on our list, get in touch with your account manager for more information.
This table shows the current rates as of 21 January 2021 for the deposit accounts available. You can refine the list by selecting a particular bank and account type from the drop down lists.
Bank | Account Name | Account Code | Moody's Rating | Gross Interest Rate | Term | Minimum Deposit | Interest Paid Frequency | |
|---|---|---|---|---|---|---|---|---|
| Arbuthnot Latham Private Bank | Fixed Term Deposit | DF14 | 0.35% | 6 Months | £50,000 | At maturity | ||
| Arbuthnot Latham Private Bank | Fixed Term Deposit | DF13 | 0.70% | 12 Months | £50,000 | At maturity | ||
| Arbuthnot Latham Private Bank | Fixed Term Deposit | DF96 | 0.72% | 18 Months | £50,000 | At maturity | ||
| Arbuthnot Latham Private Bank | Fixed Term Deposit | DF97 | 0.75% | 24 Months | £50,000 | At maturity | ||
| Arbuthnot Latham Private Bank | Fixed Term Deposit | DG50 | 0.80% | 36 Months | £50,000 | At maturity | ||
| Barclays Wealth | Fixed Term Deposit | DA89 | A2 | 0.03% | 12 Months | £50,000 | At maturity | |
| Metro Bank Plc | Instant Access Savings Account | DF85 | 0.10% | Instant Access | £10,000 | Monthly | ||
| Metro Bank Plc | Fixed Term Deposit | DF49 | 0.30% | 12 Months | £10,000 | At maturity | ||
| Metro Bank Plc | Fixed Term Deposit | DF50 | 0.35% | 18 Months | £10,000 | At maturity | ||
| Metro Bank Plc | Fixed Term Deposit | DF51 | 0.40% | 36 Months | £10,000 | At maturity |
Account Code
This is the reference code that should be used when requesting a quote based on a particular deposit acccount, or when completing an application form.
Guide to Credit Ratings
| Description | Moody's | Standard & Poor's | Fitch |
|---|---|---|---|
| Highest Quality | Aaa | AAA | AAA |
| High quality (very strong) | Aa | AA | AA |
| Upper medium grade (strong) | A | A | A |
| Medium grade | Bbb | BB | BBB |
- Moody's ratings may be modified by the addition of a 1,2, or 3
- Standard & Poor's and Fitch's may be modified by the addition of a + or -
| Bank | Relationship to parent company | Parent Credit Rating used |
|---|---|---|
| Alliance & Leicester International | Wholly owned subsidiary of Alliance & Leicester plc | Yes |
| Allied Irish Offshore | Wholly owned subsidiary of Allied Irish Bank | Yes |
| Anglo Irish (Jersey) | Branch of Anglo Irish bank | Yes |
| Anglo Irish (IOM) | Wholly owned subsidiary of Anglo Irish Bank | Yes |
| Bank of Scotland International | Wholly owned subsidiary of Bank of Scotland | Yes |
| Bradford & Bingley International | Wholly owned subsidiary of Bradford & Bingley plc | Yes |
| Irish Nationwide | Wholly owned subsidiary of Irish Nationwide Building Society | Yes |
| Nationwide International | Wholly owned subsidiary of Nationwide Building Society | Yes |
| RBS International | Wholly owned subsidiary of RBS Group plc | Yes |
Interest rate information is correct as of 21 January 2021.
Important information to note:
- Rates may change daily and are not guaranteed - for the latest information, please contact Standard Life International on 0345 300 4273. Call charges will vary.
- Please be advised that all rates are AER unless otherwise specified.
- The rates are at the discretion of the deposit account provider and may change or be withdrawn at short notice. The rate your client gets is the rate available on the day we transfer the money to the deposit provider. This may take up to five working days.
- The minimum permissible amounts shown for all Deposit Accounts are still subject to the minimum investment criteria into the overall International Bond being met.
- A summary of the terms and conditions imposed by each of the providers can be found by clicking on the name of the relevant deposit account. Please note that this is a summary of terms and conditions only, not comprehensive and may not be up to date. For the full terms and conditions that apply please contact Standard Life International on 0345 300 4273. As an adviser, it is your responsibility to ensure that your client is aware of the terms and conditions. The deposit account provider may change their terms and conditions from time to time.
- Some banks may apply early withdrawal charges if money is withdrawn from particular types of account before the end of the term or without providing sufficient notice. If your client takes out an International Bond but then changes their mind within the 30 day cancellation period, we reserve the right to deduct this charge from the amount refunded to them.
- All investment choices are made at your client's risk, so it is important that they seek appropriate financial advice. Standard Life International is not responsible for the performance or solvency of the providers of the investments available through the International Bond. In the event of a deposit account provider being unable to meet any claims against it, any funds from your client's bond held in a deposit account with that provider will not be covered by the Financial Services Compensation Scheme (FSCS).
- # This fixed "unbreakable" term account does not include the ability to encash, should a client invoke their cooling-off rights. As a result, Standard Life International will defer investments until after the 30-day cancellation notice period in order to satisfy the client's right to cancel the Policies in their Bond.
Investment news
- AMPP and SIPP fund discounts
18 January 2021 - News about a Standard Life fund.
11 January 2021 - News about a Standard Life fund.
06 January 2021 - The SL LF Equity Income Pension Fund, formerly the SL LF Woodford Equity Income Pension Fund.
22 December 2020 - We’ve made some changes to our property funds.
11 December 2020
The information on this site is for qualified financial advisers and must not be relied on by anyone else. If you are not an adviser please go to our customer website for more information about our products and services.
