When opening a UK current account you have a choice when it comes to which account best suits your needs and it is exactly the same when considering an offshore account.
There are literally thousands of international providers out there all offering a range of accounts so how on earth can you find the best offshore bank account?
There are 3 things to consider when choosing a provider.
Safety & Security
The number one consideration when opening an offshore bank is the safety and security of your money. Make sure any bank or financial institution is based in a politically and economically stable jurisdiction, with suitable regulation.
Financial Advantage
An offshore account can be advantageous for those who deal in international multicurrency transactions, frequent travellers, those who live abroad and potentially tax efficient investments. Opening an offshore account should be financially advantageous to you.
Customer Service Levels
Many banks have forgotten the importance of customer service, you have become an account number to them and they have become a call centre or an automated telephone service to you. This is ok when you just need a quick account balance. However, when you want advice on how best to structure your account, how cheaply or swiftly you can send money internationally, where best to invest or how to secure an international mortgage or loan you a need a more personal and professional level of customer service. Discuss with any potential provider how you expect your relationship with then to be managed.
Henderson Morgan is a financial service provider regulated by the New Zealand government, a politically stable and safe jurisdiction and covered by the Financial Dispute Resolution up to £100,000; double that of UK Banking institutions. We provide a range of personal and corporate accounts as well as term deposits with competitive interest rates paid.
Our most popular account is our Premium International Account for clients who demand an exceptional level of customer service. At Henderson Morgan we provide ourselves on knowing our customers and understanding their needs.
The Premium International Account is ideal for our customers who seek flexible access to their money worldwide with a personal relationship manager ensuring exceptional customer’s service.
The account provides:
• Multicurrency banking in GBP, Euro & USD
• Free Platinum MasterCard in GBP
• 24/7 internet banking
• Priority Pass to give you free access to airport lounges worldwide*
• Your own personal relationship manager
• Preferential interest rates on Henderson Morgan term deposits
• Reduced fees on HM Wealth Management
If you would like to open an offshore account or discuss a whole range of Henderson Morgan products and services please contact our team on 0044 203 150 0923 or email advisor@henderson-morgan.com
