A well-regulated and transparent location for your money

The benefits of a Barclays International offshore bank account

  • Placing your finances in a location that you might feel offers greater political or economic stability for your money
  • Banking in a highly regulated financial market
  • 24-hour1 international online and telephone banking
  • Extra services that your local bank might not be able to offer
  • Holding multiple accounts, and transacting in different currencies
  • Financial management and assistance with tax planning opportunities in conjunction with your tax adviser2
  • We can help you structure your wealth to create a strategy that protects against changes that can occur in, for example, tax legislation and personal circumstances, while also affording flexibility so you can still access your capital when you need to
  • Loans and mortgages in different currencies and structures

Our offshore bank accounts are available to clients who can deposit and maintain a balance of £5,000 or more (or currency equivalent) in cash or investments across your Barclays international banking accounts.

Greater economic and political stability
You might want to move your assets out of an unstable or insecure environment and find somewhere else to place them.

Our offshore bank accounts are held in jurisdictions that are widely regarded as having low levels of sovereign debt, impressive heritage, good reputations, and very high levels of political and economic stability. These include Jersey, the United Kingdom and the Isle of Man.

Highly regulated financial markets
When placing assets in an offshore bank account, you need to be able to do so with complete integrity. That is why we place offshore accounts in jurisdictions that have a rigorous financial regulatory structure.

24-hour1 international telephone and online banking
We make it as easy as possible for you to control your offshore bank account. Our online banking facility enables you to check balances, order cheque books and replacement cards, and make transfers in different currencies up to a maximum of £50,000 per transaction. What's more, you'll get discounted tariffs on international payments if you make them online as opposed to by letter, fax or face-to-face.

Extra services
Our international offshore accounts can provide a range of loan, mortgage, savings, investment, wealth management and financial planning options that might not be available to you elsewhere.

Multiple accounts and currencies
To help you manage your international financial lifestyle, you can have several accounts within your offshore banking facility, and choose from a range of different currencies, including sterling, euro and US dollars.

Financial management and tax planning2
An offshore bank account can help you organise your assets to maximise retention and growth.

We can help you set up trust funds, organise optimum inheritance, plan pensions and retirement assets, and set up protection plans for you, your family and your business.

Offshore savings and investments2
An offshore bank account will give you the choice of a wide range of savings and investment products designed to match your preferred balance of risk and reward.

Savings products include high-interest, multi-currency, easy access and fixed term deposits.

Investments can be managed through exchange-traded funds available through our Global Beta range, or with Barclays MultiManager funds.

You should remember that the value of your investment and the income from it can go down as well as up. You may not get back the amount you invested. Your returns may also be affected by exchange rate fluctuations.

Loans and mortgages
With an offshore bank account, your loans and mortgages can form an integral part of your financial planning strategy.

The mortgages can be for residence, investment or a second home and are available in a variety of structures and currencies to suit your needs.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Open an offshore bank account

To qualify for a Barclays international offshore bank account you will need to deposit and maintain a balance of £5,000 or more (or currency equivalent) in cash or investments across your Barclays international banking accounts.

Select the right service for you and apply online.

Call us on +44 (0)1624 684 316†.

You have sole responsibility for the management of your tax and legal affairs, including making any applicable filings and payments and complying with any applicable laws and regulations. We have not provided and will not provide you with tax or legal advice and recommend that you obtain your own independent tax and legal advice tailored to your individual circumstances.

Remember that where the mortgage is denominated in a currency other than sterling, CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF THE DEBT.

1 For a short period of time every night (UK time), the site may be unavailable whilst we refresh data. Access may also be limited in some countries due to the prohibited transmission of encrypted data over telephone lines. Please contact your local embassy to check your country's legal position.

2 In conjunction with your independent tax advisers.

The products and services described on this page are provided by the following companies, which are part of Barclays: Barclays Bank PLC in England and Wales and Barclays Private Clients International Limited in the Isle of Man, Jersey and Guernsey. For further Information on these companies and Barclays, please read the Important Information.