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natwest ipb offers new structured deposit linked

10 Oct 12

NatWest International Personal Banking has launched Select 85, a four and half year structured deposit account offering fully capital protected exposure to a choice of either the FTSE 100 or S&P 500 stock indices.

NatWest International Personal Banking has launched Select 85, a four and half year structured deposit account offering fully capital protected exposure to a choice of either the FTSE 100 or S&P 500 stock indices.

The account has been designed to provide a potential fixed rate return on the basis that the underlying index, either the FTSE 100 or S&P 500 or a combination of the two, remains equal to or above 85% of its initial level throughout the year.

NatWest is offering the account in two currencies – sterling or euro – and the minimum deposit is 10,000 – sterling or euro. The final date for applications is 23 November – for more details visit the NatWest IPB website.

Dave Isley, Head of NatWest IPB said: “For depositors looking for capital protection on their initial deposit and the potential to receive a number of fixed returns over a four and a half year period, the Select 85 deposit account could be the product for them.

“We have listened to our customers and know how important choice and flexibility is, which is why we are offering three Underlying Market options.”
 

Tags: Natwest

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.