Award Winning Internet Savings Account Exceeds Expectations

Bradford and Bingley International (BBI) is celebrating the first year of an award-winning Internet account geared towards the expatriate and international communities.

(PRWEB) May 6, 2007 -- Offshore savings specialist Bradford & Bingley International launched their first Internet savings account (http://www.bbi.co.im/offshore-savings-resources/), eAccess in April 2006. One year on and the online savings account has proved extremely popular with international customers and has exceeded all expectations.

The account has a market-leading interest rate (http://www.bbi.co.im/offshore-savings-accounts/offshore-internet-banking/e-access-account.aspx), which includes a 0.40% interest bonus payable until 31st December 2007, which has been very well received by new and existing customers looking for a flexible Internet savings account alike.

The total balances in the account reach well into nine figures and it continues to attract new customers every day. The account caters for the varying needs of expatriate and internationally based customers across more than 85 countries, with its popularity stemming from its convenience and great interest rate.

The majority of customers have chosen to receive interest annually but over a third have opted for the monthly interest version to provide an income. A smaller number of customers have chosen to receive deferred interest, or interest on closure, this option proving extremely important to those that have due to its tax planning advantages.

Not only does the savings account have flexible interest options, it can also be set up to receive and send regular payments. Transfers can be made within the UK clearing system or internationally, all managed and operated by customers at any time, night or day, from the comfort of their home computer.

Managing Director of BBI, John Sheath commented "eAccess is our first Internet savings account and we are delighted that it has been received so well both by the public and the media. We are particularly proud to have eAccess win 'Best new banking product' for 2006 from Portfolio International and will be looking to build on this success throughout 2007."

Visit Bradford & Bingley International's website (http://www.bbi.co.im) for more information on their Internet savings account eAccess, for the latest interest rates and for useful savings resources. All applications for eAccess must be made online.

For further information, call Bradford & Bingley International on + 44 (0) 1624 695000.

Note to editors:

Information about Bradford & Bingley International can be found at the following web address - www.bbi.co.im

Bradford & Bingley International Limited is licensed by the Isle of Man Financial Supervision Commission to conduct banking business and is a wholly owned subsidiary of Bradford & Bingley plc

Bradford & Bingley plc has given a legal undertaking agreeing to discharge the liabilities of Bradford & Bingley International Limited in so far as Bradford & Bingley International Limited is unable to discharge them out of its own assets and while Bradford & Bingley International Limited remains a subsidiary of Bradford & Bingley plc. Under Isle of Man legislation, deposits made with an Isle of Man office of Bradford & Bingley International Limited are covered by the Depositors Compensation Scheme contained in the Banking Business (Compensation of Depositors) Regulations 1991 (as amended).

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