British Expats - Offshore banks and banking

British Expats (https://britishexpats.com/forum/)

- Moving back or to the UK (https://britishexpats.com/forum/moving-back-uk-61/)

- - Offshore banks and banking (https://britishexpats.com/forum/moving-back-uk-61/offshore-banks-banking-920433/)

Matthew Packwood

Dec 26th 2018 2:39 am

Offshore banks and banking

Can anyone recommend a good expat bank?

Jerseygirl

Dec 26th 2018 2:42 am

re: Offshore banks and banking

Quote:

Originally Posted by Matthew Packwood (Post 12612963)

Can anyone recommend a good expat bank?

How do you mean an â€˜expat bankâ€™?

Matthew Packwood

Dec 26th 2018 2:45 am

re: Offshore banks and banking

A bank in Jersey / Isle of Man / etc... Sorry....

BEVS	Dec 26th 2018 3:16 pm

re: Offshore banks and banking

Quote:

Originally Posted by Matthew Packwood (Post 12612965)

A bank in Jersey / Isle of Man / etc... Sorry....

I'm confused as well . Mind you that's not hard given me age and the time of year.

Do you mean an offshore account ?

Where are you currently resident?

Matthew Packwood

Dec 27th 2018 12:32 am

re: Offshore banks and banking

Hello, yes, something offshore. I am not resident in UK at the moment...

BEVS	Dec 27th 2018 4:45 pm

re: Offshore banks and banking

Quote:

Originally Posted by Matthew Packwood (Post 12613240)

Hello, yes, something offshore. I am not resident in UK at the moment...

Thanks.
I think I will alter your thread title to something like possible offshore bank accounts. That might help attract those currently utilising such an account.

edit...looking for a UK based bank with which to open an account whilst you are offshore?

Matthew Packwood

Dec 28th 2018 12:40 am

Re: Offshore banks and banking

Thanks!

robin1234

Dec 28th 2018 3:21 am

Re: Offshore banks and banking

I've had accounts for many years with Lloyds on the Isle of Man. They seem super bureaucratic, but I suppose all banks have to be these days. Whenever I've ever had need of human intervention, they've been surprisingly helpful & friendly.

Carolyn7

Dec 28th 2018 3:46 am

Re: Offshore banks and banking

I've had an account with Barclays offshore for some years. Not had any major problems.

Novocastrian

Dec 28th 2018 5:04 am

Re: Offshore banks and banking

Quote:

Originally Posted by Carolyn7 (Post 12613622)

I've had an account with Barclays offshore for some years. Not had any major problems.

I also used Barclays Wealth International to hold a six figure inheritance I received in 2010 and didn't need while we were living in Canada, I stashed it in pounds there and gradually moved 50% into euros all within the same system. In 2015, after I'd retired, I transferred the whole amount into my HSBC UK and HSBC FR accounts. Barclays was easy to deal with both on the phone and online

Thairetired2016

Dec 28th 2018 5:53 pm

Re: Offshore banks and banking

Quote:

Originally Posted by Carolyn7 (Post 12613622)

I've had an account with Barclays offshore for some years. Not had any major problems.

Our experience with Barclays IoM was the opposite to yours. Even closing the account was a headache. I have the impression there is no such thing as a "customerfriendly" UK bank. You can do a search on google and find comments to various banks and their service.

Matthew Packwood

Dec 29th 2018 1:18 am

Re: Offshore banks and banking

Thanks for the feedback! I do appreciate it!

Matt

All times are GMT -12. The time now is 3:47 pm.