Best Offshore Banking
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* 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.
The best offshore banking solutions for you will depend on your circumstances, and why you need an offshore banking account. Choosing the best offshore banking account will vary if you are looking for:
- Offshore savings accounts
- Day-to-day offshore banking
- Offshore investments
There are also different offshore banking products for:
- Expats living, retiring, or working abroad
- UK residents interested in offshore banking
- People moving to or working in the UK
- Those who spend a lot of time abroad