Fixed term deposits offer you the peace of mind that whatever happens to interest rates, you are guaranteed that your rate, once fixed, won't change until maturity.

We offer competitive fixed term deposit accounts for the following time periods:

7 day fixed 1 month fixed 2 months fixed 3 months fixed 6 months fixed 12 months fixed
		Please click below for a personalised deposit rate quotation

Key features include:

• Minimum balance of £5,000 or currency equivalent, with no maximum
• A guaranteed fixed rate until the account matures.
• Interest paid at the end of the fixed-term and either added to the account, paid away to another account or repaid by cheque or SWIFT.
• Withdrawals are permitted at any time on the following basis:
• • At maturity – withdrawals are permitted at maturity. No breakage charges are levied to withdraw from a maturing deposit.*
  • During the fixed term – withdrawals are permitted during the fixed term depending on the type of investment. Each time there is a withdrawal this will incur an administration fee of £100.00 or currency equivalent plus the cost that will be incurred by the Bank to break the deposit. A transfer charge will be applicable if the funds are to be paid away electronically.*
• At the end of the fixed term the account will be automatically re-invested for the same term unless otherwise instructed.
• Available in all major currencies
• Interest on your account is paid gross without any tax being deducted or withheld by the Bank. ** 

* Please refer to our Schedule of Charges.
** You may have a tax liability in your country of residence in respect of interest paid on deposits with the Bank. It is your responsibility to obtain tax advice and to make all tax payments, returns and disclosures to the relevant authorities.

IMPORTANT NOTE: Bank of Ireland (I.O.M.) Limited does not give tax advice and strongly recommends that you speak to a qualified tax adviser regarding the setting up of a deposit account. Bank of Ireland (I.O.M.) Limited does not warrant or confirm the accuracy of the information given above. This information is given for information purposes only and should not be relied upon without obtaining independent professional tax advice.

Please ensure you have read and understood these key features and the terms and conditions included within the application form before applying.