Offshore Banking

More interest rate rises from Abbey International

Abbey International has announced that sterling interest rates on its popular 18 month fixed rate contracts are to be increased to 3.25% gross (3.22%AER), giving an effective rate of 4.87% over the 18 month term of the account with immediate effect.

Abbey International lifts 12 month fixed rates to 2.75%

Abbey International has announced that sterling interest rates on its popular 12 month fixed rate contracts are to be increased to 2.75% gross/AER with immediate effect.

Skipton launches new 90 day notice account

Skipton International, the Guernsey based savings and local mortgage specialist, has launched a new variable rate savings account targeting both offshore individual savers and business deposit accounts with interest rates of up to 2.25% gross/AER.

Skipton re-issues 6 and 12 month sterling offshore fixed rate bonds

Skipton International is offering a new opportunity to invest in their popular 6 and 12 month sterling offshore fixed rate bonds. Both products also offer monthly interest.

Skipton International offers new 40 day notice account

Skipton International, the Guernsey based savings and local mortgage specialist, has launched a new variable rate savings account targeting both offshore individual savers and business deposit accounts with interest rates of up to 2.10% gross/AER.

New fixed rate bonds launched by offshore savings bank

AIB Jersey & Isle of Man has launched the latest versions of its 6 month and 12 month Fixed Rate Bonds, available to savers from 24 May 2010 in sterling, euro and US dollar.

New US Dollar and Euro offers from Abbey International

Abbey International has launched two new US Dollar and Euro deposit services to create a broad based combination of account options. The new packages offer competitive 12 month Fixed Deposit Contracts, easy access to funds via the Abbey International Gold account and the exclusive benefits of a Visa Infinite card.

Abbey International Jersey Bond tops Moneyfacts Best Buy list

Less than a month after its launch, Abbey International’s 5 Year Fixed Rate Saver, which pays investors a fixed rate of 4% gross/AER every year for the full length of the account’s life, has secured a “Best Buy” listing.

Offshore bank voted “Best Euro Account Provider”

AIB Jersey & Isle of Man has been voted “Best Euro Account Provider” in the Investment International 2009 finance awards. The award acknowledges AIB Jersey and Isle of Man’s popularity as a multi-currency international banking service provider to its clients and among its network of intermediary introducers and key business partners.

Abbey International revamps fixed rate deposit contracts

Abbey International has revamped its range of limited offer fixed rate deposit contracts to now offer clients a range of options from nine months out to two years.

Why go offshore with your savings and banking accounts?

Each year according to the Institute of Public Policy Research (IPPR), around 400,000 UK nationals move abroad to work or retire. Opening an offshore savings account could bring significant tax benefits, once they cease being UK resident for tax purposes.

Mutuals lead on customer service says Skipton International

Mutual Building Societies have outperformed the UK's banks in a number of areas of customer service, new research has revealed. The verdict comes shortly after five unnamed institutions were criticised for poor customer service practices by the UK Financial Services Authority.