Lloyds International Ltd are based on the Isle of Man and offer a range of different offshore savings accounts.
- Fixed Term Deposit Accounts - Using this type offshore savings account deal, the customer will be expected to lock their money away for a set period at a fixed rate of interest. These types of account are generally best suited to customers who will not require any access to their money for a set period. An account can be either ‘fixed term’ or ‘structured’, and customers must be at least 18 years old, providing a minimum deposit of £10,000. It is important to remember that this money cannot be accessed for the duration of the agreement, which can anything from 1, to 5 years.
- Instant Access Accounts - Customers may also wish to consider an instant access offshore savings account deal, as they can provide customers with more freedom and access to their money. These accounts come in different formats.
For more information on offshore accounts from Lloyds see our offshore savings account comparisons table below: