Instant Offshore Savings Account
The efficient way to grow your savings
Saving offshore with our flexible Savings Account is an efficient way to grow your savings.
- Available in Sterling, Euro, American Dollar, Australian Dollar and New Zealand Dollars
- Withdraw your money whenever you want it
- Complete control over your finances
How to apply
- Telephone +44 (0) 1481 711102*
(9am – 5pm Mon-Fri)
What you get
- Round-the-clock, penalty-free access to your savings
- Sterling minimum opening amount: £5,000; maximum £30 million
- Currency minimum opening amount: 10,000; maximum 60 million of chosen currency
- Minimum deposit and withdrawal: £500/10,000 of chosen currency
- Option of monthly or annual interest to the account
- Option to pull funds from a UK onshore bank using Direct Debit functionality
- Annual statements
- Option of adding to your account at any time
*For security, telephone calls may be recorded and monitored.
** Tax deferment is subject to your tax status and the decisions that you make regarding the impact of the EU Savings Tax Directive on your personal circumstances. Where required, it is your responsibility to declare the existence of an offshore bank account and any interest paid to your tax authority. If you are an EU resident, you can choose to either share information with your tax authority or pay a retention tax on the interest paid (the default arrangement).
Clydesdale Bank International is a trading name of Clydesdale Bank PLC. The Guernsey Branch of Clydesdale Bank PLC is licensed by the Guernsey Financial Services Commission as a deposit-taking business, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994, as amended. Clydesdale Bank International is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.
Full details are available on the Scheme's website www.dcs.gg or on request.
There is currently no Financial Services Ombudsman Scheme operational in Guernsey. Deposits with Clydesdale Bank International are not covered by the Financial Services Compensation Scheme established in the UK under the Financial Services and Markets Act 2000, nor are deposits with Clydesdale Bank International covered by any equivalent scheme in any other jurisdiction.
Principal place of business in Guernsey: Clydesdale House, North Clifton, St Peter Port, Guernsey, GY1 1JR
Telephone: + 44 (0) 1481 711102 Fax: + 44 (0) 1481 723663
Clydesdale Bank PLC. Registered in Scotland (No. SC001111). Registered Office: 30 St Vincent Place, Glasgow, G1 2HL.
View full details of The Guernsey Banking Deposit Compensation Scheme
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