Offshore Banking
Abbey International again passes on full 0.25% rate rise
Abbey International has responded to the change in UK Base Rate in July and has again passed on the full 0.25% increase to its Gold account and Instant Access Savings account customers. Abbey International has already raised savings rates by 0.25% on all of its Base Rate Tracker family of accounts two days after the UK Base Rate rise in July.
Rate increase for offshore savers
Alliance & Leicester International Limited (ALIL), the offshore savings bank, has reviewed its savings portfolio and increased the rates on its offshore savings accounts, including its new eSaver Offshore Issue 1 account, which now has a market leading rate of 6.40% gross pa/AER.
Abbey International increases rates on base rate tracker term accounts
Abbey International has responded to this month’s announcement by the Bank of England Monetary Committee increasing UK Base Rates to their highest level since 2001.
Abbey International increases euro savings rates
Abbey International has responded to the rise in European interest rates last month by passing on the full 0.25% increase to all customers with deposits of more than 20,000 Euros in its Gold account or 25,000 Euros in its Call account with effect from 2 July 2007.
Nationwide launches US Dollar and Euro Tracker Premium accounts
Nationwide International has announced that it will be launching US Dollar and Euro Tracker Premium accounts with effect from Wednesday 1 August 2007.
Interest rate increased on Euro Halifax International Guaranteed Saver
Bank of Scotland International has increased the interest rate on its Euro Halifax International Guaranteed Saver account to 4.25%, with immediate effect.
Alliance & Leicester launches e-Saver Offshore account
Alliance & Leicester International Limited (ALIL), the offshore savings bank, has launched a new internet savings account, which will revolutionise the world of offshore banking – it offers a market leading rate of 6.15% gross (AER), whilst enabling expatriate customers to both apply for and manage their savings online.
Scarborough launches outstanding offshore fixed rate bond
Scarborough Channel Islands Limited (SCIL) is establishing a reputation as a provider of market-leading offshore accounts after just one month of trading.
Alliance & Leicester increases interest rate on offshore base rate tracker
Alliance & Leicester International Limited (ALIL), the offshore savings bank, has today increased the interest rate on its Offshore Base Rate Tracker Issue 3, to a market leading 5.70% gross pa/AER.
Alliance & Leicester International revamps website
Alliance & Leicester International Limited (ALIL), the Offshore Savings provider based on the Isle of Man, has today re-launched its market leading website and internet banking system to ensure it continues to offer the best service to, and access demanded by, today’s expatriate community.
Scarborough launches new offshore investment account
Scarborough Channel Islands Limited (SCIL) is celebrating its launch with a new offshore investment account designed to reward existing customers and attract new ones.
Scarborough completes purchase of Channel Islands Subsidiary
The Scarborough Building Society Group (Scarborough) has announced completion of its acquisition of the former Portman Building Society offshore deposit taking business Portman Channel Islands Limited.
Bank of Scotland International increases saving interest rates
Bank of Scotland International has increased the interest rate on its Halifax International Guaranteed Reserve Account over one, two and three year terms, with effect from today.
Bank of Scotland International aims to be fastest growing offshore bank
If anyone is qualified to understand the needs and challenges of living as an expatriate, it is Tony Wilcox, managing director of Bank of Scotland International (BOSI). Having lived abroad for five years himself, he is well aware of how much red tape and form-filling is required when moving from one country to another.
Offshore Accounts anouncement from HMRC
HMRC has today announced arrangements enabling investors with offshore accounts to disclose to HMRC any income and gains not previously included in their tax returns.