NatWest Autopilot International Account launched

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NatWest Autopilot International Account launched

NatWest International Personal Banking (IPB) has launched a new Autopilot deposit account which allows consumers to invest and earn money in accordance with market performance.

The NatWest Autopilot International Account links clients' wealth to the developed equity, emerging equity, property and gold markets, with the account diverting to cash when a certain sector experiences a fall.

It is 100 per cent capital protected, provided that the deposit is held until maturity, while a minimum of £10,000 can be deposited in pounds, euros or dollars.

NatWest states that the new account has been introduced in response to the growing popularity of its Autopilot range, with take-up of the accounts increasing by 80 per cent in the last six months.

Ashley Taylor, head of international wealth managers at NatWest IPB, said: "Having received such a positive response to the range from our customers, we are confident it will continue to be a successful strategy."

Last month, NatWest widened its offering of financial options further with the launch of mortgage deals of up to 60 per cent loan-to-value for new customers looking to buy or remortgage.

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