DAT Britline Xchange II
Available for subscription until 29/12/2016
6 month fixed term savings account
- Deposit between 1000€ and 500,000€.
- Offer valid on funds sent over via the Britline International Payments Service(2).
What do I do next?
|I have a Britline International Payments Account|
|I do not have a Britline International Payments Account|
(1) Gross annual percentage rate as of 03.10.2016. The DAT is a fixed term deposit account with a 6 month term, opened with a single credit and is non-renewable. The interest is calculated and paid at the end of the contract, no interest will be paid if the account is closed before term. The minimum investment is 1000€, maximum 500 000€.
The DAT “Britline Xchange II” can only be subscribed to by private individuals holding a current account with CA Britline.
The rate of annual interest applicable is based on the impossibility to request a withdrawal before the end of its term. If you do request the reimbursement of your investment according to the terms of the contract the notice period of 32 days will be applied (Day+ 31 days) and your account reimbursed at the end of this period.
(2) The funds deposited on to the DAT must be new funds sent via the Britline International Payments Service in pounds sterling and converted into €’s in to your current account. The funds must be received onto your CA Britline account in euros less than one month prior to the opening of the DAT.
Britline International Payments Service (BIPS), powered by HiFX. HiFX Europe Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009, registration 462444, for the provision of payment services. HiFX is also a registered MSB with HM Revenue & Customs. Registration number 12131222. HiFX accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the above information. HiFX is a limited company registered in England and Wales. Registered number: 3517451. Registered office: Maxis 1, Western Road, Bracknell, Berkshire, RG12 1RT.
No transfer fees on transfers over £2,500 otherwise £9.
French residents: 2013 tax legislation for French residents.
The 2013 tax legislation states that savings products with fixed revenues will have the same rate of tax applied as your income tax rates. Effective from the 01/01/2013, an advance of 24% will be deducted at source from the interest earned and will then be taken into account when calculating your tax liability for the year in which you received the interest.
The interest rate is correct at 03/10/2016 and is subject to change without prior notice. Social charges are applicable for French residents. It is the responsibility of non-residents to declare any interest earned to the UK tax authorities.
Inter-European VAT number: FR 83 478 834 930. Crédit Agricole Britline is controlled by L’Autorité de Contrôle Prudentiel et de Résolution: 61 rue Taitbout – 75436 Paris Cedex 09. Crédit Agricole Britline is a member of the Guaranteed Fund for deposits, the Guarantee of Investors warranties, and Guaranteed Fund for investors.
Service available to tax residents in the United Kingdom, Ireland and France. Caisse Régionale de Crédit Agricole Mutuel