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** The Gross Rate of interest is the rate payable before taking into account any deduction of tax. If you are an EU resident individual, interest will be subject to retention tax unless you advise us that you wish us to exchange information regarding the interest with your relevant tax authority, in which case the interest will be paid gross. If you are not an EU resident individual, interest will be paid gross.
† The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.
In all cases, you will be responsible for disclosure to the relevant tax authorities of the amount of interest credited to the Account and the settlement of any tax liability thereon.
This webpage and any accompanying documentation reflect our understanding of the tax position of customers making investments with Clydesdale Bank International ("CBI"). However, CBI is not a tax advisor and accepts no liability for any errors or omissions on this webpage or accompanying documentation. If you have any questions relating to your tax circumstances and obligations you should seek professional advice or contact the relevant tax authorities.
Rates of interest are subject to change but are correct as at 15th February 2008. You can find out about our current interest rates:
~ For your security, calls may be monitored or recorded
Important Information
Clydesdale Bank International is a trading name of Clydesdale Bank PLC. The Guernsey branch of Clydesdale Bank PLC is licensed as a deposit taker by the Guernsey Financial Services Commission, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994 as amended.
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