Offshore Banking
Expats banking on using the internet
More expats than ever before are turning to the web to manage their finances. Research by the offshore savings bank, Alliance & Leicester International Limited (ALIL), has found that 92 per cent of expats use online banking to keep their finances in check - yet seven in 10 are missing out on the benefits of an offshore savings account.
ALIL offers chance of winning £1,000 worth of flight vouchers
For a limited period Alliance & Leicester International Limited (ALIL), the offshore savings bank, is running a prize draw for £1,000 in flight vouchers.
Alliance & Leicester launches new 1 year fixed rate bond
Alliance & Leicester International Limited (ALIL), the offshore savings bank, has today launched a new, limited edition 1 Year Fixed Rate Bond (Issue 46) with a highly competitive fixed interest rate of 6.57% AER.
Internet has revolutionised the lives of expats
They may be living overseas, but staying in touch with friends and family back home is a priority for expatriates, with almost two thirds (63%) using the internet daily to email loved ones, according to a recent study from Alliance & Leicester International (ALIL).
Nationwide: International US dollar rate change
Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced that it will be decreasing interest rates on its US Dollar Savings and US Dollar Tracker Premium accounts by 0.25% with effect from Monday 3 December 2007.
Offshore savings rates regain some appeal – but are savings safe!
Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, comments: “In the wake of the onshore savings rate war, first in the fixed rate market and subsequently with variable rate products, the offshore market has stolen the march in the last week, offering rates to win the battle hands down.
Slow to save expats want the best offshore savings deal
Over two thirds of expatriates (70%) do not prepare themselves financially when they first move abroad, as only 30% set up an offshore savings account, according to new research by the offshore savings bank Alliance & Leicester International Limited (ALIL).
Scarborough launches Offshore Flexi-120 Direct account
Scarborough Channel Islands Limited (SCIL) is launching a highly competitive new savings account combining penalty-free access with a medium term rate guarantee.
Alliance & Leicester enhances rate on e-Saver Offshore Issue 1
Alliance & Leicester International Limited (ALIL), the offshore savings bank, has today increased the rate on its e-Saver Offshore Issue 1 account, to a market leading 6.51% pa gross/AER.
Scarborough opens up rollover bond to smaller investors
Scarborough Channel Islands Limited has re-launched its popular Rollover Bond to make it even better.
Nationwide International reduces interest rates on dollar accounts
Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced that it will be decreasing interest rates on its US Dollar Savings and US Dollar Tracker Premium accounts by 0.50% with effect from Monday 1 October 2007.
Nationwide increases interest rate on Base Rate Tracker Premium
Nationwide International, the offshore subsidiary of Nationwide Building Society, is to raise the top interest rate available on its Base Rate Tracker Premium account by 0.25%.
Rate increase on Halifax International Guaranteed Reserve Account
Bank of Scotland International has increased the interest rate on its six month Halifax International Guaranteed Reserve Account.
Abbey International still sees higher savings rates as a possibility
Following the Bank of England’s decision to leave UK Base Rate unchanged for September, Abbey International said that it feels a further rise in UK interest rates could still be possible this year, if the risks for inflation remain on the upside.
NatWest IPB launches secure multi-currency online banking system
Offshore banking provider NatWest International Personal Banking (IPB) reports a successful launch of their ibanking product;