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Notification of changes to Isle of Man Bank Limited
We intend to move the Isle of Man Bank business from its current legal entity, Isle of Man Bank Limited, to the Isle of Man branch of The Royal Bank of Scotland International Limited ("RBS International Limited"). Customer accounts will stay in the Isle of Man and there are no changes to account numbers or sort codes. There will be no changes to any of the products or services we offer.

What does this mean for you?

Instant Saver

Need a simple savings account that lets you move money in and out easily?

Here to help you reach your savings goals

Our Instant Saver lets you;
  • Access your money instantly - there are no withdrawal penalties, so you can take money out whenever you want.
  • Watch your savings grow - interest is calculated daily and paid monthly directly into your account.
  • Manage your account your way - online, in branch or by phone.
  • Easy to manage - with our online and mobile banking services.
What you should know;
  • The interest rate is variable, so it can go up as well as down.
  • The account is for customers aged 16 and over.
  • Debit card available

Interest Rates

Balance AER Gross Rate %
1+ 0.45% 0.45%

Rates correct as at 3 September 2018 and are subject to change.

Common definitions

Throughout this page, you'll see various terms being used. Here's what they mean:

Annual Equivalent Rate (AER) - This is a notional rate used for interest bearing accounts, which illustrates what the gross credit interest rate (excluding any bonus interest payable) would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.

Gross Rate – This means the interest rate you are paid before the deduction of tax.

Ready to apply?

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