Offshore account

Old May 3rd 2023, 4:11 pm
  #1  
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Default Offshore account

Hi folks

Could anyone recommend a reliable and secure offshore bank that offers multi currency? The reason is, I don't have permanent address as I keep moving from one place to another. I don't own a property in the UK so I don't have address there. Having an offshore account is a peace of mind for me as I don't need to change bank when I move from one country to another.

Thanks
Scott.
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Old May 5th 2023, 5:29 am
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Default Re: Offshore account

HSBC Expat is a common choice. Don't have it myself, but ...
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Old May 5th 2023, 9:01 am
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Default Re: Offshore account

Lloyds International has GBP, Euro, USD I believe, not sure if any other currencies.
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Old May 5th 2023, 9:59 pm
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Default Re: Offshore account

I use HSBC Expat. I’m pretty sure they will still want an address though. Even though I was an existing HSBC customer I still had to provide my housing contract from UAE.

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Old May 6th 2023, 7:21 am
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Default Re: Offshore account

Thanks folks

Does any of these accept not having address in the UK?
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Old May 6th 2023, 7:33 am
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Default Re: Offshore account

Originally Posted by w_scott
Thanks folks

Does any of these accept not having address in the UK?
HSBC Expat (Jersey) is very much geared around customers who don’t live in the UK but they will usually still want proof of address wherever you do live when you open the account as well as ID etc.
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Old May 6th 2023, 7:38 am
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Default Re: Offshore account

You might want to also investigate Wise Financial and Revolut,

https://wise.com

https://www.revolut.com
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Old May 6th 2023, 8:52 am
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Default Re: Offshore account

Originally Posted by w_scott
Thanks folks

Does any of these accept not having address in the UK?
I'm sure they do. Lloyds International for example says: "Available in many countries but not all." So I expect they'd accept someone living in the UEA but not in North Korea.
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Old May 9th 2023, 9:15 am
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Default Re: Offshore account

I have just been looking into this a bit. Husband is in Saudi. HSBC don't seem to do accounts for people based there but Lloyds International just wanted proof he was living there - so didn't want an address in Uk or anywhere else (we don't have one)
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