Guide to offshore banking for expatriates

Savers both home and abroad are having a tough time at the moment. Low interest rates and relatively high inflation have conspired to make it very difficult to get a real return on savings. And there’s still the question of safety: the banking crisis which left millions of savers across Europe worrying about the security of their banks was only a few years ago. For expatriate savers, there’s another hurdle.

While onshore competition for savers’ money is still fairly robust, with some recent new entrants to the market, offshore the number of banks welcoming savers’ deposits with decent rates has dwindled. The number actively competing on rates is scarcely in double figures.

With these considerations in mind, we have put the major players in offshore savings markets under the microscope. Read Article – with listing of offshore banking firms