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Offshore Banking

Abbey International Instant Access Savings Account offers 5.80%

Abbey International is maintaining its strategy of premium pricing the top tier of its Instant Access Savings account. The account offers an interest rate of 5.80% gross/AER for customers with more than £1 million, making it the highest paying instant access account amongst the offshore subsidiaries of the top 5 clearing banks.

Scarborough revamps ‘Lifestyle' account range

Scarborough Channel Islands Limited (SCIL) is helping customers structure their savings to suit their lifestyle with new and restyled products in its ‘Lifestyle' range of easy access and notice accounts.

Nationwide International increases savings rates

Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced details of revised savings rates for its range of Euro accounts.

Alliance & Leicester increase rates on ‘e-Saver Offshore' portfolio

Alliance & Leicester International (ALIL), the Isle of Man based offshore savings bank, has today increased the interest rates on its eSaver Offshore range of online savings products. The new rates are available immediately and have increased as follows:

Scarborough bond offers best of both worlds

Scarborough Channel Islands Limited (SCIL) is offering customers the chance to have their cake - and eat it, with its new 1 Year Guaranteed Bond.

Abbey International Instant Access Savings account offers 5.80%

Abbey International is maintaining its strategy of premium pricing the top tier of its Instant Access Savings account, despite the recent cuts in UK Base Rate.

Abbey launches Issue 8 Base Rate Tracker Term Account

Abbey International has launched Issue 8 of its Base Rate Tracker Term Account as part of its range of deposit accounts offering consistent and competitive rates of interest offering savers rates of up to 5.30% gross/AER, one of the highest rates available from a leading offshore bank.

Halifax increases rate on Fixed Rate Web Saver Account

Halifax International has increased the interest rate on the two year and three year terms of its Fixed Rate Web Saver Account, with immediate effect.

Offshore savings

Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, comments: "Offshore savings have long been seen as a tax haven for the rich, but with some accounts accepting a minimum deposit of just £1,000 this is no longer the case.

Alliance & Leicester launches limited offer 1 year fixed rate bond

Alliance & Leicester International Limited (ALIL), the Isle of Man based offshore savings bank, is launching a new limited edition 1 Year Fixed Rate Bond with a highly competitive fixed interest rate of 6.65% pa gross/AER.

Bank of Scotland International increases rate on fixed rate account

Bank of Scotland International has increased the interest rate on the six month and one years terms of its Fixed Rate Account, with immediate effect.

Nationwide International announces new savings rates

Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced details of its new savings rates on Sterling accounts.

ALIL launches new eSAVER offshore flexible income account

Following the success of its internet savings account - eSaver Offshore Issue 1 - Alliance & Leicester International Limited (ALIL), the Isle of Man based offshore savings bank, has launched a new ‘eSaver Offshore Flexible Income' account.

Alliance & Leicester International launches new fixed rate bonds

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.

Abbey International adjusts rates following latest us base cut

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.