Website: http://www.rbs.co.uk

Authority: RBS or Royal Bank of Scotland is one of the UK's oldest banks being chartered in 1727 and is subsidiary of the Royal Bank of Scotland Group plc. It also considered a major bank with has one of the largest ATM networks in the UK.

How to open a RBS Fixed Rate Bond:

- You can apply on the internet at the RBS website: http://www.rbs.co.uk

- You can open one in a RBS bank branch. On their website they have a search tool to find their nearest branch locations.

What are the requirements to open a UK RBS or Royal Bank of Scotland Fixed Rate Bond:

- According to their website when applying online, you may required to be to be aged 18 years, UK citizen for tax purposes and have an RBS account.

Information to consider when opening an RBS 1 Year Fixed Rate Bond:

Similar to other United Kingdom banks, RBS rates are influenced by a variety of factors in determining the rates for their bonds. While offerings are subject to change, they can offer anything from 1 to 3 Years, 1 Year fixed investment considered to be a short term. This short term timeframe is affected by the current 'bank rate' set by the Bank of England. Monetary policies and future forecasts by the Bank of England significantly influence whether a 1 year rate for an RBS bond goes up, down or stays the same. However the RBS bank business model (spreads between deposits and loans, operating costs, incentives etc) and bank capital requirements may also factor in determination of its rate. 

The current rate below is for the RBS '1 Year Fixed Rate Bond product with Interest Paid Annually Only with balances �5,000 - �500,000: