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I need an Offshore Bank (Yes I know it's been done before)

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Old Sep 13th 2017, 5:12 pm
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Default I need an Offshore Bank (Yes I know it's been done before)

But that was years ago.

Bottom line, no assets in the UK, (Obv UK pp holder), now needs an offshore account.

What do you bumblebees suggest?
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Old Sep 14th 2017, 3:46 am
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Default Re: I need an Offshore Bank (Yes I know it's been done before)

I went with Lloyds International in Isle of Man.

Minimum balance is (or was when I signed up) 5,000 in either GBP, EUR or USD and if you have that balance in any one of the currencies, you can open accounts in all 3 currencies with debit cards provided for each.

Online banking works very well and have only had good experiences with the call centre, they were particularly helpful in couriering original signed and stamped statement copies to me within 2 days when I was in a bit of a bind.

I don't have much in the way of perks though, it's just basic offshore current accounts with minimal interest, I just mainly use it as a vehicle to get my excess funds out of the Middle East until I can decide what to do with it.
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Old Sep 14th 2017, 5:16 am
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Default Re: I need an Offshore Bank (Yes I know it's been done before)

Gavtek basically just took the words out of my mouth.

Lloyds, IoM.
Fairly easy to set up.
Good service, when they ****ed up my letter that I'd had stamped by a lawyer they credited the account with the cost of getting another done.
Good service since.
Basic account, the debit card looks a bit shit but such is, can't have everything.
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Old Sep 14th 2017, 6:38 am
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Default Re: I need an Offshore Bank (Yes I know it's been done before)

Cheers, looks like Lloyds then.

Done - initial deposit is now £25,000 though!

Thanks guys.

Last edited by IKnowNothing; Sep 14th 2017 at 6:55 am.
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Old Sep 14th 2017, 7:47 am
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Default Re: I need an Offshore Bank (Yes I know it's been done before)

Standard Bank IOM is another option
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Old Sep 14th 2017, 11:24 am
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Default Re: I need an Offshore Bank (Yes I know it's been done before)

Originally Posted by IKnowNothing View Post
Cheers, looks like Lloyds then.

Done - initial deposit is now £25,000 though!

Thanks guys.
Dayummmm!
like GAVTEK & SCAMP I was with Lloyds offshore and had to maintain a minimum bal of £2.5k - 25k quids is
Although with HSBC premier acct i think you have to hold a minimum of AED 250k
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Old Sep 15th 2017, 6:36 am
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Default Re: I need an Offshore Bank (Yes I know it's been done before)

60,000.00 squids minimum balance eeeeeekkkkk

https://www.expat.hsbc.com/1/2/hsbc-...ou-should-know
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