Bank of Scotland 2 year term Deposit

Key Product Information Summary Box

Account Name	Bank of Scotland 2 Year Term Deposit
Interest rates (AERs)	Interest rates in more detail
Tax Status	Interest will be paid net of income tax (currently 20%) unless you register your account with us to receive gross interest, or it qualifies and is registered under Qualifying Time Deposit rules
Conditions for bonus payment	There is no bonus available on this account
Withdrawal arrangements	No withdrawals allowed. Early closure permitted after 1 month with loss of interest unless it is a Qualifying Time Deposit.
Access	Branch, telephone and online (enquiry only service)

Fixed interest - the rate we pay is guaranteed not to change throughout the term

Interest paid - annually or monthly

Maturity of term - we will write to you before maturity to ask for instructions

Eligibility - UK and non-UK resident personal and non-personal customers (pop into branch to apply if non UK).

We are a member of the Financial Services Compensation Scheme so our customers' savings are protected (up to £50,000).

It only takes a few minutes

call us on 0845 122 1347 (lines are open 8am to 8pm Monday to Friday, 8am to 6pm Saturday and 9am to 5pm Sunday)

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