Latest banking news

Inflation all wrapped up

Oliver Roylance-Smith / 01 February 2012

Recent weeks have provided confirmation of the interest rate status quo from the Bank of England along with the release of the latest inflation figures from the Office for National Statistics. Combi... Read more

Inflation and interest rates - what it means for you

Oliver Roylance-Smith / 01 February 2012

In the last fortnight we have had a further vote on the base rate by the Bank of England’s Monetary Policy Committee as well as the revised inflation figures released by the Office for Nationa... Read more

Savings vs Inflation

Oliver Roylance-Smith / 29 November 2011

With so much uncertainty surrounding what will happen to inflation in the future, we review the current range of savings plans and see how their returns stack up against the rising cost of living. F... Read more

Latest investment commentary

What lies in store in 2012

Oliver Roylance-Smith / 10 January 2012

2011 has certainly been a year of strong themes which have dramatically shaped the market as well as the opportunities available for savers and investors. We take a look at what these have been and ... Read more

A review of the FTSE in 2011 and what we can learn

Oliver Roylance-Smith / 10 January 2012

The FTSE is one of the most important indicators of investment performance and acts as a key benchmark for many investors in the UK. For this reason we take a look back at 2011 and review what happe... Read more

Our Top 10 most popular plans in 2011

Oliver Roylance-Smith / 09 January 2012

With 2012 well underway, there is already a competitive range of plans available across a wide number of plan types, whether you are looking for traditional savings routes, investments with the pote... Read more

Savings Account Guides

Do you know how safe your savings are? Should you choose a fixed rate or a bonus rate? Our useful savings guides could help you to make the most of your money.
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Abbey Offshore Banking

Compare Gross Interest Offshore Accounts

Abbey offshore banking offers accounts based in Jersey, a long established and well-known offshore location which is free to govern its own domestic affairs, including taxation. From January 2010 Abbey offshore banking has been re-branded as Santander offshore banking.

To find the best deal for you, compare features of Abbey offshore banking with some of the other leading providers on offer with our comparison service:

Offshore Savings Accounts

Provider	Account	Gross Rate AER	Term	Currency	More Info
	Lloyds TSB International Fixed Term Deposit	4.50%	5 Years	Sterling (£)	More Info >
Minimum deposit - £10,000 Sterling Deposits Only Interest Paid Annually Bond designed to be held for full term Charge for early withdrawal
	Lloyds TSB International Fixed Term Deposit	4.00%	3 Year	Sterling (£)	More Info >
Minimum deposit - £10,000 Sterling Deposits Only Interest Paid Annually Bond designed to be held for full term Charge for early withdrawal
	Lloyds TSB International Fixed Term Deposit	3.55%	2 Year	Sterling (£)	More Info >
Minimum deposit - £10,000 Sterling Deposits Only Interest Paid Annually Bond designed to be held for full term Charge for early withdrawal
	Lloyds TSB International Fixed Term Deposit	3.40%	1 Year	Sterling (£)	More Info >
Minimum deposit - £10,000 Sterling Deposits Only 2,3 and 5 Year Term Bonds Available Bond designed to be held for full term Charge for early withdrawal
	Lloyds TSB International Incentive Saver	2.40%	Instant Access	Sterling (£)	More Info >
Minimum deposit - £10,000 Worldwide Instant Access 24/7 Interest Paid Monthly No interest paid in months withdrawals made
	Lloyds TSB International Bonus Saver - Euro	Up to 2.25%	Instant Access	Euro (€)	More Info >
Minimum deposit - €5,000 Worldwide Instant Access 24/7 Interest Paid Monthly Includes 0.75% Bonus for first 12 months After 12 months the interest rate will automatically reduce
	Lloyds TSB International Bonus Saver - Sterling	Up to 2.00%	Instant Access	Sterling (£)	More Info >
Minimum deposit - £5,000 Worldwide Instant Access 24/7 Interest Paid Monthly Includes 0.5% Bonus for first 12 months After 12 months the interest rate will automatically reduce
	Lloyds TSB International Bonus Saver - Dollar	Up to 1.50%	Instant Access	Dollar ($)	More Info >
Minimum deposit - $5,000 Worldwide Instant Access 24/7 Interest Paid Monthly Includes 0.75% Bonus for first 12 months After 12 months the interest rate will automatically reduce

* GROSS RATE – The contractual rate of interest payable before deduction of income tax at the rate specified by law.

** AER RATE – AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.

Features of offshore banking accounts include:

No local capital gains tax or wealth tax
Interest on offshore accounts is paid gross
Tax neutrality – you manage your own tax
Savings accounts and current accounts

Offshore banking can benefit you if you:

Live or work abroad
Spend a lot of time abroad
Are a foreign national living in the UK
A UK resident interested in offshore banking

Our comparison table is free and easy to use – it can help you to see if Abbey offshore banking is the right option for you by letting you compare its advantages with those of other leading offshore banking providers.