Many banks and building societies in the UK and Ireland have offshore branches in financial centres like Gibraltar, the Channel Islands and the Isle of Man.
These financial institutions offer a range of fixed and instant access accounts for expats.
Here’s a list of some leading offshore savings providers with links to their web sites:
- Barclays International – Offshore banking from the UK high street giant
- Conister Bank – Private personal and commercial banking from the Isle of Man
- HSBC – Information for expats from this leading world bank
- Investec – Offers international banking services, including savings and investments from the Channel Islands
- Isle of Man Bank – The national bank of the Isle of Man that opened in 1865 and offers personal and online banking to expats
- Leeds Building Society – Gibraltar branch of the UK based building society serving expats
- Lloyds Bank International – Channel Islands and Isle of Man personal banking for expats
- NatWest Bank – Offshore saving rates from branches in Gibraltar, the Isle of Man and Channel Islands
- Nationwide Building Society – The international service of the popular UK building society
- Newcastle Building Society – Expat saving and banking services from Gibraltar
- Permanent Bank – Isle of Man branch of an Irish-based bank
- Santander – Isle of Man branch of this international bank with a UK high street presence
- Skipton International – Channel Islands branch for expats of the UK building society
Other offshore financial institutions are available and will be added to the list when they issue new products for expat savers.
Not all these financial institutions have open products and services available all the time, while rates and availability will change at short notice.
Although iExpats publishes regular rate updates, always refer to financial institution web sites for the latest information about their offers.
For information about official inflation and interest rates, go to the Bank of England web site
Rate comparison sites
To compare interest rates across a broader selection of offshore banks and building societies, try the interest-rates.org.uk web site.
Many web sites and other media outlets publish comparison lists of offshore savings accounts, but often the financial institution pays for inclusion, so if checking out rates on a comparison , always try more than one for a wider view of the market.
