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  Bank of China >> BOC UK >> Information >> Promotions & Notices

Temporary Interest Rate Adjustment for 12 Month GBP Savings (Personal) – From 2 October to 1 December 2017


 

Dear customer,

For a limited period, interest rate on our All-in-One Fixed Term Deposit (personal) in GBP fixed for 12 months will be adjusted to: 1.28% Gross Rate and 1.28% AER.

The adjusted interest rate is subject to the following conditions and limitations:

  • Terms and Conditions apply to All-in-One Fixed Term Deposit Account. Please click link for further information and Bank of China (UK) Limited Terms and Conditions (personal accounts);
  • During the fixed period of the deposit, no partial withdrawals or deposits of additional funds are permitted. Deposits can be withdrawn before maturity subject to a fee and a loss of interest;
  • The above All-in-One Fixed Term Deposit Account can not be in joint names;
  • Applications must be made in person in one of our UK branches;
  • The above interest rate only applies to personal deposits fixed for 12 months in Pound Sterling (GBP) ranging from £20,000 and above, placed from 2nd  October to 1st December 2017. Annual Equivalent Rate (AER) is a notional rate which illustrates what the gross rate would be if interest was paid and compounded each year. The gross rate of interest quoted above is an annual rate and will apply to the 12 months fixed term only;
  • The interest will be paid on the date of maturity. On maturity, the All-in-One Fixed Term Deposit will automatically be rolled over for a further period of the same duration on reverted interest rate and a renewal confirmation will be sent to you, unless you write to cancel it at least two business days prior to the maturity.

For more information, please call 0800 38 95566 (UK) or +44 20 7282 8926 (from overseas) .

Yours sincerely,
Bank of China (UK) Limited
29th September 2017

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