Lloyds Offshore Banking

The British based financial institution Lloyds TSB has a specialist offshore banking division that specialises in servicing the needs of private customers who are non-UK resident and who can therefore benefit most from Lloyds offshore banking and investment services.

Lloyds offshore are also able to assist with the financial servicing requirements of those who are resident in the Channel Islands or Isle of Man as well, but most services of their offshore arm are not applicable to UK residents.  For expats and international citizens who want access to one of the premier British banks however, Lloyds’ offshore banking division is a fantastic option to explore.

Among the services that Lloyds offer is offshore private banking for the wealth management of assets held by high net worth expatriates and international clients who hold at least £350,000 worth of assets available for investment. 

Each of Lloyds’ offshore private banking clients is assigned a specialist adviser who takes the time to get to know the customer and their needs and also the way they like things done and as a result a private banking customer is assured of the very best level of personalised customer service.

Private banking is ideal for those who do not have the time or inclination for managing their investment assets or who prefer to have an expert guide their choices and decisions.  Furthermore, private offshore banking is suitable for all those requiring flexibility, choice and simplicity in terms of the management of their financial affairs.

Also available from Lloyds offshore are a range of offshore funds which currently include gilt funds investing in securities issued by the British government for example, or an investor might prefer an income generating fund or money funds are another option.

Money market accounts offered by Lloyds offshore are also highly attractive compared to the market average for these types of account, and they fall into three categories.  You have fixed term accounts in a choice of eleven currencies that pay more interest for the more money on deposit, instant access accounts in nine currencies or a US dollar or sterling VISA account that allows an investor to save in either currency and draw down from the account with a VISA card.  Each account has its own advantages and some prefer to make use of a combination of accounts for their day to day money management.

Finally, Lloyds offshore banking is just a single division of an expert financial services, wealth and portfolio management and banking giant, meaning that any client of Lloyds’ offshore division will have unlimited access to the services, expertise and advantages of the whole Lloyds TSB group.