Offshore Bank Accounts

Alliance & Leicester International Limited (ALIL), the Isle of Man based offshore savings bank, has today launched a new limited edition 1 Year Fixed Rate Bond (Issue 49) with a highly competitive fixed interest rate of 6.50% pa gross/AER.

Following the latest cut in the US dollar base rate in March to 2.25%, Abbey International, the specialist offshore banking subsidiary of Abbey in the UK has reduced the interest rates payable on its range of US dollar denominated savings accounts.

HBOS, UK savings provider, has launched Halifax International to provide simple offshore savings to British expatriates through internet and telephone banking.

Scarborough Channel Islands Limited, the Guernsey based subsidiary of UK based Scarborough Building Society, has announced a trio of changes to its offshore deposit account range.

NatWest International Personal Banking (IPB) is flying high with the launch of a new guaranteed structured deposit account, Autopilot.

Abbey International has launched a new 1 year fixed rate deposit contract paying up to 6.25% gross p.a/AER to complement its range of offshore deposit and Base Rate tracker accounts. The account is a limited offer so can be withdrawn at any time, without any prior notice.

Alliance & Leicester International Limited (ALIL), the Isle of Man based offshore savings bank, is offering consumers the chance to boost their savings and benefit from Tax deferral with a new bonus promotion on its International Deferred Interest Account (IDIA).

Scarborough Channel Islands Limited (SCIL) is appealing to more so called ‘silver’ savers with the launch of a competitive new product for the over-50s.

A new year often prompts a new start, and research by the offshore savings bank, Alliance & Leicester International Limited (ALIL), found that this is a key motive for people moving abroad.

Abbey International, the wholly owned subsidiary of Abbey in the UK and part of the Santander Group feels that the recent fall in the UK FTSE market, which has left the index over 10% down from its peak of 6732 last year, presents an ideal opportunity for sterling investors to consider capital protected accounts as a way back into the UK stock market.