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Personal Banking in United Kingdom

United Kingdom

Personal Banking in United Kingdom

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  1. Thank You Discovery Investment Loans

    Hello I have been trying to get a loan for some time now. due to the large sum amount of the money to expand my business in Finland but i was unable to get a loan because to my credit score All other corporation/bank turned me down. Till i was introduced by start up overseas to Discovery Investment LOANS and i was able to get a loan from them without any delay, So i am using this opportuni

    Total Posts: 1 Last post by egarinc-us

  2. Thank You Discovery Investment Loans

    Hello I have been trying to get a loan for some time now. due to the large sum amount of the money to expand my business in Finland but i was unable to get a loan because to my credit score All other corporation/bank turned me down. Till i was introduced by start up overseas to Discovery Investment LOANS and i was able to get a loan from them without any delay, So i am using this opportuni

    Total Posts: 1 Last post by egarinc-us

Banking in the UK

Opening a bank account is an important consideration for anyone moving overseas whether on international work assignments, for an extended period or even to retire. There are many advantages of an offshore banking account and there are a number of factors to be considered when choosing where to open one. The primary consideration is safety and security of your hard earned money. You should choose an offshore jurisdiction which is well regulated and has long term political stability. You should then consider that you will most likely be dealing in currencies other than your home currency.

Your offshore bank should be able to provide banking services and international payments in all major currencies so that you can manage your financial affairs in the currencies of your choosing. And of course you need to be able to access your funds with ease. International transfers, phone banking and International Debit cards are essential here.

What's becoming an invaluable financial tool in the expatriate lifestyle is Internet Banking. Most banks today provide internet banking, but not all can provide it in multiple currencies, with the ability to make international payments and transfer between currencies online. While it may not always be a primary consideration, many expatriates find that an offshore bank account can form part of your overall tax planning solution. Independent tax advice is always recommended in this case.

Finally your offshore bank should be able to provide you with access to the full range of specialist offshore products and services such as offshore mortgages, travel, medical and critical illness cover and expatriate tax advice.

The information provided in this guide gives only general guidance and does not constitute tax, legal, investment or any other advice.

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Organisations that can assist with Personal Banking

  • > The Motley Fool

    The Motley Fool is dedicated to helping the world invest — better. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, mutual funds, and premium investing services.

    More Details Visit Website
  • > Shepherds Friendly Society Ltd

    Shepherds Friendly is one of the oldest financial mutual societies in the world, with nearly 200 years of experience looking after family finances. The mutual offers modern products, including children’s savings plans, adult savings plans, over 50s life insurance and income protection, all of which can be applied for online.

    More Details Visit Website

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