Barclays Bank launch new Sterling account in Spain

March 30, 2008

Barclays in Spain has launched a new monthly Sterling deposit account that provides 10% interest AER in the first month representing one of the most attractive savings products on the Spanish market at present.

This new sterling deposit is designed for amounts from £2,000 to £30,000 for monies coming from other banks (by cheque or transfer) as well as cash deposits. For second and subsequent months, the balance is transferred to a savings account that will yield the equivalent of 3% per annum.

Barclays has been in Spain for over 30 years and as their tagline in their advertising states -'Your Partner in Spain'- would seem very appropriate for those people who either live permanently or temporarily in Spain and need the complete English language service of a British bank. Over 140 English-speaking branches are available in highly populated areas like the mainland coasts and the islands.

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