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Money: loose change

Friday 30 May 1997 23:02 BST
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Alliance & Leicester has launched a new First Class postal account offering 6.6 per cent on minimum balances of pounds 10,000 or more. The account offers up to three withdrawals without loss of interest. Call 0645 228858.

West Bromwich Building Society is offering a new fixed-rate mortgage, pegged at 6.95 per cent until May 2000, which includes 12 months' free loan protection cover. It is available up to 95 per cent of a home's value. Arrangement fees of pounds 295 and buildings insurance through the society is mandatory. Call 0121-525 3411.

Cater Allen is offering an offshore share-dealing service based in Jersey, through City Deal Services. It offers a range of charges: PhoneTrade, for instance, charges pounds 10 on pounds 500 deals, rising to pounds 40 for deals above pounds 10,000. Call 01534 828212.

National Westminster has launched a series of new savings products, including Reward Reserve, a new instant access account offering 4.24 per cent gross on deposits above pounds 10,000, assuming that no more than one withdrawal is made per quarter. Details from branches.

Coventry Building Society is offering a new "capped" mortgage, guaranteeing to keep the cost of the loan at or below the current standard variable rate of 7.6 per cent until September 2002. If interest rates fall, so will the mortgage. A pounds 295 loan arrangement fee applies, with a redemption penalty of six months' interest. Call 0800 126125.

Royal Life International, the insurance company's offshore arm is offering free copies of a 24-page non-technical guide to living and working in Hong Kong. Call 01624 821116.

Skipton Building Society is offering a share dealing service this weekend to Halifax members and other investors wishing to buy or sell shares in the society before dealing opens on Monday. The service is open 10am to 4pm today and Sunday. Members of Skipton Sharedealing Service, call 0113 245 0066. Non-members, call 0113 2444095.

Abbey National is offering a free voucher booklet to customers who buy more than pounds 300 of foreign currency or travellers' cheques. The vouchers entitle customers to discounts from airport shops and restaurants, including Sock Shop and Garfunkels. Details from all branches.

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