Leeds Building Society Gibraltar
*
 
More Information

Contact our Gibraltar Operations Team on: (00350) 200 50602
Quick Links
About Us
Gibraltar & Spanish Services
Leeds Financial Services Overseas
Spanish Lending for UK Introducers
Contact Us
  Gibraltar Investment Rates
Home > Offshore Investments

Offshore Investment Rates
and Details at a Glance

Rates effective from 28 April 2008
Interest rates are subject to variation.

Offshore accounts can be opened by UK passport holders who are resident in Spain.


Important: changes to Cheque Receipts and Withdrawals Effective 30 September 2006

 


Offshore Fixed Rate Bond (Issue 1)
Investment
Gross Rate p.a.§
/AER†%
Withdrawal Terms
Payment of Interest
  
£50,000+
£100+
Current
Previous
6.25
-
6.00
-
One withdrawal of up to 25% of your initial capital investment is allowed without notice or loss of interest until 1 May 2009.
Annual:
Interest credited on maturity (1 May 2009). Interest can either be credited to the account or transferred either to another building society/bank account or to another account held with the Society.
Investment
Current
Previous
Withdrawal Terms
Payment of Interest
  
£50,000+
£100+
Gross§
AER†
6.00
6.17
5.75
5.90
Gross§
AER†
-
-
-
-
One withdrawal of up to 25% of your initial capital investment is allowed without notice or loss of interest until 1 May 2009.
Monthly:
Interest paid last day of each month by direct bank transfer or to another account with the Society.
Notes: Minimum balance £100. Maximum balance £1,000,000 per investor (£2,000,000 for joint accounts).


Offshore Fixed Rate Bond (Issue 2)
Investment
Gross Rate p.a.§
/AER†%
Withdrawal Terms
Payment of Interest
  
£50,000+
£100+
Current
Previous
6.30
-
6.05
-
One withdrawal of up to 25% of your initial capital investment is allowed without notice or loss of interest until 1 May 2010.
Annual:
Interest credited on 1 May (commencing 1 May 2009) and on maturity (1 May 2010). Interest can either be credited to the account or transferred either to another building society/bank account or to another account held with the Society.
Investment
Current
Previous
Withdrawal Terms
Payment of Interest
  
£50,000+
£100+
Gross§
AER†
6.05
6.23
5.80
5.96
Gross§
AER†
-
-
-
-
One withdrawal of up to 25% of your initial capital investment is allowed without notice or loss of interest until 1 May 2010.
Monthly:
Interest paid last day of each month by direct bank transfer or to another account with the Society.
Notes: Minimum balance £100. Maximum balance £1,000,000 per investor (£2,000,000 for joint accounts).


Flexible Freedom (Offshore)
Investment
Gross Rate p.a.§
/AER†%
Withdrawal Terms
Payment of Interest
  
£500+
Current
Previous
4.95
5.25
Immediate withdrawal.
No notice, no loss of interest.
Annual:
Interest credited to account 1 September. Interest can be paid to the account or transferred to a UK or Gibraltar bank / building society account or other account with the Society.
Investment.
Investment
Current
Previous
Withdrawal Terms
Payment of Interest
  
£500+
Gross§
AER†
4.70
4.80
Gross§
AER†
5.00
5.12
Immediate withdrawal.
No notice, no loss of interest.
Monthly:
Interest paid on the last day of each month by direct bank transfer to a UK or Gibraltar bank / building society account or other account with the Society.
Notes: Minimum investment and operating balance £500. The maximum investment and operating balance is £1,000,000 (£2,000,000 for joint accounts). One direct pension credit must be paid into the account each month. The account is available to UK passport holders resident in Spain aged 50 years and above.


Gibraltar Access Plus (Offshore) - Issue 6  
Investment
Gross Rate p.a.§
/AER†%
Withdrawal Terms
Payment of Interest
  
£1,000+
Current
Previous
4.50
-
One withdrawal during the term of the account without notice or loss of interest, subject to the minimum balance of £1,000 being maintained. If a second withdrawal is made the account will be closed. The account can be closed at any time without notice or loss of interest.
Interest is paid annually on 30 November (commencing 30 November 2008) and on maturity (30 November 2009). Interest can be credited to the account, paid to another account with the Society or by direct bank transfer to a UK or Gibraltar bank/building society account.
Notes: Minimum investment and operating balance is £1,000. The maximum investment and operating balance is £250,000 (£500,000 for joint accounts).

Gibraltar Dinosaver (Offshore)
Investment
Gross Rate p.a.§
/AER†%
Withdrawal Terms
Payment of Interest
£10+
Current
Previous
4.70
5.00
Withdrawals must be made by a parent/guardian. Unlimited withdrawals can be made as
long as the £10 minimum operating balance is maintained. Withdrawals must be by cheque.
Annual:
Interest is paid on 1 January. Interest is credited to the account.
Notes: Minimum investment and operating balance is £10. The maximum investment and operating balance is £1,000,000. Age Qualification: 0-11 years old inclusive to open an account. At 12 years old, your Gibraltar (Offshore) DinoSaver account will automatically change to the 12-17 year old account available at the time.

Gibraltar Vault (Offshore)
Investment
Gross Rate p.a.§
/AER†%
Withdrawal Terms
Payment of Interest
£10+
Current
Previous
4.70
5.00
You can make one cheque withdrawal of up to £250 per week. If you need to withdraw more than £250 or make a further cheque withdrawal within 7 days, a parent or guardian must countersign for the withdrawal.
Annual:
Interest is paid on 1 January. Interest is credited to the account.
Notes: Minimum investment and operating balance is £10. The maximum investment and operating balance is £1,000,000. Age Qualification: 12-17 years old inclusive to open an account. On your 18th birthday, we will transfer your account, including interest, to the Gibraltar Tracker Gold (Offshore) account.


RegularSaver (Offshore)
Investment
Gross Rate p.a.§
/AER†%
Withdrawal Terms
Payment of Interest
 
£20+ per month
Current
Previous
5.25
5.55
Includes a 3.00% bonus p.a. (fixed) (see notes)
One withdrawal is permitted each bonus period. If a second withdrawal is required you will not qualify for a bonus in respect of that period.
Annual:
Interest and Bonus paid on 1 March.
Notes: The minimum monthly payment is £20, the maximum monthly payment is £1,000.  3% Bonus paid annually if all monthly payments are made with no more than one withdrawal.

§ Gross means the rate payable before the deduction of tax.
† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year