4.25% deposit rate from Ulster

Ulster Bank has launched a 4.25 per cent deposit rate for customers and is undertaking to guarantee to hold its rate at 0

Ulster Bank has launched a 4.25 per cent deposit rate for customers and is undertaking to guarantee to hold its rate at 0.5 of a percentage point above European Central Bank rates until January 1st, 2001. The new "RSVP Anytime" account offers customers easy access to their funds and no notice of withdrawal is required. Account holders can also manage their funds by freepost and account details can be obtained through a special freefone number which will be in operation daily. To avail of this rate of interest, customers must have a minimum deposit of £5,000 (€6,348) up to a maximum of £100,000. The minimum withdrawal is £500.