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Offshore Banking

Offshore disclosure deadline looms

People with offshore investments who have notified HM Revenue & Customs (HMRC) that they want to use the New Disclosure Opportunity (NDO) have just one week to make their disclosures online and to pay all tax, duties, interest and penalties owed in full.

Abbey International scoops international banking award

Abbey International is currently celebrating twice over having won the coveted Best International Bank award in this year’s Investment International Finance Awards and this week secured a “Best Buy” listing for its popular 18 month fixed rate deposit currently paying 3.57% AER with Moneyfacts.

NatWest launches Navigator Structured Deposit Account

NatWest International Personal Banking (IPB) has launched the Navigator Structured Deposit Account, designed to capture growth in bull and bear markets.

Abbey International launches Fixed Rate Deposit paying 3.60%

Abbey International has launched a new Limited Offer 18 month Fixed Rate Deposit contract paying 3.60% gross/3.57% AER.

NatWest Sectors Structured Deposit Account Issue 3

NatWest International Personal Banking (IPB) has launched Sectors Structured Deposit Account Issue 3, building on the success of previous Sectors accounts issued in 2009. The Sectors account enables customers to have both security and potential growth through the diverse green or UK business sectors.

Skipton International launches new Escalator Bond

Longer term savers are being rewarded with a top level of interest, for up to five years with Skipton International’s new International Escalator Bond which offers a rising rate of interest over each year of the Bond’s life.

Nationwide increases rates for Base Rate Tracker Premium account

Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced details of new rates for its Sterling Base Rate Tracker Premium account.

New Year offshore extension

HM Revenue & Customs (HMRC) is giving taxpayers with offshore investments more time to come forward under the New Disclosure Opportunity (NDO).

Skipton International launches two new fixed rate bonds

Two new fixed rate bonds have been launched by Skipton International offering customers competitive rates of interest over six and twelve month terms.

New Guaranteed Return Account from Skipton International

Skipton International Limited, the new Guernsey bank created on 28 September 2009 following the amalgamation of Skipton Guernsey and Scarborough Channel Islands, has launched a new fixed return account paying 3.00% gross/AER on deposits of over £100,000.

New Abbey International Premium Notice Accounts

Abbey International has launched a new range of Premium Notice accounts designed for clients who can specify notice requirements for cash withdrawals and as a result, can benefit from higher interest returns.

Abbey International lifts interest rates

Abbey International has announced that sterling interest rates on its popular Gold current account are to rise with effect from 01 September 2009.

Abbey International fixed rate account paying 3.50%

Abbey International has launched a second edition of its 12 month fixed rate account paying a guaranteed 3.50% gross/AER over 12 months. The account has a minimum balance requirement of £50,000 available to new and existing clients.

Skipton and Scarborough in joint savings account launch

Skipton Guernsey Limited and Scarborough Channel Islands Limited, who, subject to regulatory approval, are soon to amalgamate to form a single specialist savings and mortgage bank on Guernsey, have launched an innovative new deposit account, called the International Bonus Account, which is designed to reward those customers who open their accounts with new money.

Nationwide increases rate on Lifetime Guarantee Issue 13

Nationwide International, the offshore subsidiary of Nationwide Building Society, has increased the interest rate of its latest issue of the Sterling Lifetime Guarantee account.