Increased Interest Rate for Euro Savers

Alliance and Leicester International Limited (ALIL), famous for their offshore savings accounts, has increased the interest rate on their Euro Savings Accounts - effective immediately. The rate has increased by 0.25% thus bringing it to 3.15%.

This move follows on quickly from the European Central Bank deciding to increase the official Euro rate earlier in the month.

In doing so ALIL now provides the most competitive rate in the market for easy access Euro offshore accounts.

Alliance and Leicester offer offshore accounts in a variety of currencies with very competitive interest rates.

They also have a very attractive incentive of offering one rate on ALL balances from 5,000 Euros upwards. This rate is higher than the top tiered rate regularly offered by their competitors.