Offshore Reserve Savings Account
Lowering the barriers to saving internationally
Your easy access international savings account with a low entry level and great benefits. You can save in up to four currencies and make as many additional deposits as you like.
Looking for peace of mind? The Offshore Reserve account offers easy access and pays interest in qualifying currencies.
£
3 000
Minimum opening balance
$
5 000
Minimum opening balance
€
5 000
Minimum opening balance
R
35 000
Minimum opening balance
4 (free) withdrawals per year
Access to Funds
2.87%
*
Earn interest up to
2.52%
*
Earn interest up to
1.05%
*
Earn interest up to
4.81%
*
Earn interest up to
GBP, USD, EUR, ZAR
Supported currencies
*
Annual Equivalent Rate
*
Annual Equivalent Rate
*
Annual Equivalent Rate
*
Annual Equivalent Rate
Benefits of Offshore Reserve Savings Account
Digital access
Manage your account, view account activity and speak to us online or via the mobile app
Easy access
You get immediate access to your savings in this reserve account, four times a year at no cost
Currency options
Save in a reserve account denominated in pound sterling, US dollar, euro or South African rand
Safe and secure
Rest easy in the knowledge your international savings are in a well-regulated jurisdiction
What you get
- Available in GBP, USD, EUR or ZAR
- Your interest rate is determined by your account currency and balance
- Interest is calculated daily and paid half-yearly
- You are allowed two withdrawals in each half-year period without a charge*
- You can make an unlimited number of deposits
- Standing Orders and Direct Debits are not permitted on this account
- You can use Online Banking or the mobile banking app to make international payments and transfers and manage your account
What it costs
- Additional withdrawals are charged at the prevailing rate*
* See the pricing guide for details on transaction fees
How to get it
- You need to be 18 years or older
- Meet the minimum opening balance
- Proof of address and identity (certified or original copies)
Terms and Conditions
-
What you get
-
What it costs
-
How to get it
-
Terms and Conditions
- Available in GBP, USD, EUR or ZAR
- Your interest rate is determined by your account currency and balance
- Interest is calculated daily and paid half-yearly
- You are allowed two withdrawals in each half-year period without a charge*
- You can make an unlimited number of deposits
- Standing Orders and Direct Debits are not permitted on this account
- You can use Online Banking or the mobile banking app to make international payments and transfers and manage your account
- Additional withdrawals are charged at the prevailing rate*
* See the pricing guide for details on transaction fees
- You need to be 18 years or older
- Meet the minimum opening balance
- Proof of address and identity (certified or original copies)
View interest earned per account balance band
View interest earned per account balance band
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