Fixed Rate Bond

Important Information

1. The Fixed Rate Bond is subject to availability and may be withdrawn at any time. We reserve the right to refuse any application to open a Bond. The Bond is for a 24 month term. Deposits for the Bond must be made by funds transfer from your nominated Citibank Sterling savings or current account (excluding Time Deposit and Fixed Rate Bond accounts). The Bond is provided by Citibank International plc. The minimum deposit is £10,000 and the maximum is £3 million. Interest is calculated daily, compounded and applied monthly. Please refer to the account terms and conditions for full details.

2. The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.

3. Early closure would lead to a charge. This fee will be equivalent to 120 days interest. We will notify you of the amount before we close the Bond.