What is offshore savings all about?

"Offshore savings " is a term that can seem confusing. But the reality is actually very simple - it's money held in an account not based in the UK.

People have different reasons for saving offshore. However the main benefits are:

• In some circumstances you pay local tax (not UK tax) on the interest that your savings earn. So your savings can have the chance to grow even faster.
• When you bank offshore you can save in different currencies and convert money from one currency to another easily.
• You can also call on the experience of specialist offshore banking experts who understand what saving offshore is all about and can give you the help you need.

We offer all the services above and a little bit extra. You can find out more here.