Offshore bank accounts and banking services
Offshore banking, offshore investments and bank accounts with Barclays Wealth
Offshore banking isn't just for tycoons and magnates. Many private individuals operate an offshore bank account simply because their financial needs and objectives are more sophisticated than the average person's.
Barclays Wealth International offers offshore bank accounts and offshore investments as part of its range of offshore services.
By keeping your money in an offshore bank account in Jersey or the Isle of Man, you may benefit in the following ways:
- Tax planning opportunities1. In most cases, your interest will be paid gross of tax when held by an offshore bank, so your savings accumulate more quickly. However, you may incur a tax liability elsewhere.
- Safety. You'll reduce any risk to your savings and investments by holding them in an offshore financial environment that's politically and economically stable.
- Flexibility. You can choose to hold your bank account - as well as savings and investment accounts - in a range of currencies such as sterling, euros or US dollars. This can save you a great deal of money if you do business overseas or need to pay bills on an overseas property.
Open an offshore bank account
Offshore investments
Depending upon your needs and circumstances, we may be able to offer you one or more of the following offshore investment products:
- Barclays Wealth Multi-Manager
- Structured products
- Barclays Wealth Global Beta Portfolios
Offshore savings account
Whether you've moved temporarily to the UK, are living in a country other than your home country, or would like to hold money offshore, iBank Saver offers you a safe haven for your wealth and helps you grow and protect it.
iBank Saver is ideal if you simply want an international savings account with access to other specialist services but you don't need a current account for day to day banking. iBank Saver gives you access to:
- Savings and deposit accounts in a range of currencies
- A range of investment products
- International Telephone and Online Banking*
- Quick, easy and secure international payments from some savings accounts
- Mortgage services to purchase property in the UK or elsewhere
- The facility to request tax certificates online.
Offshore current account
We can offer you:
- A transactional account (with cheque book on request) for day to day banking
- The flexibility of managing your account online*, by phone or at one of our international banking centres
- VISA sterling debit or deferred debit card in euros and/or US dollars letting you make cash withdrawals and purchases worldwide
- Specialty accounts, such as currency accounts that allow you to hold money in foreign currencies and avoid costly exchange rate fluctuations
Offshore bank account interest rates
For the current interest rates on our offshore bank accounts, call +44 (0)141 352 3899†
Offshore savings account
An offshore savings account from Barclays Wealth International may give you tax advantages and opportunities to protect and grow your wealth.
Find out more about offshore savings accounts with us.
Wealth structuring
Leverage our expertise to provide financial protection and security for your family and estate, both now and in the future.
Find out more about protecting your assets with Barclays Wealth International.
Offshore bank accounts
An offshore bank account with us provides a range of attractive benefits, including tax efficient financial planning and global access to funds in multi-currencies.
Find out more about the benefits of offshore banking with Barclays Wealth International.
1 You have the sole responsibility for the management of your tax and legal affairs including making any applicable filings and payments and complying with any applicable laws and regulations. We have not provided and will not provide you with tax or legal advice and recommend that you obtain your own independent tax and legal advice tailored to your individual circumstances.
* For a short period of time every night (UK time), the site may be unavailable whilst we refresh data. Access to online banking may also be limited in some countries due to the prohibited transmission of encrypted data over telephone lines. Please contact your local embassy to check your country's legal position.
† Lines are open 7am to 8pm weekdays and 8am to 5pm weekends and UK bank holidays local time. Call charges may vary. Please check with your local telecoms provider. Calls may be recorded for training and security purposes.
The products and services described on this page are provided by the following companies, which are part of Barclays Wealth: Barclays Bank PLC in England and Wales, Barclays Private Clients International (Gibraltar) Limited in Gibraltar and Barclays Private Clients International Limited in the Isle of Man, Jersey and Guernsey. For further information on these companies and Barclays Wealth please read the Important Information.
Products and services on this site may not be available in certain jurisdictions. In particular, these products and services are not being offered in Japan or the United States or to US residents. For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.
