Online savings account for expatriates keeps top rate

A popular offshore online bank account available at 6.40% for British expats.

The eSaver account from offshore savings bank Bradford & Bingley International is still paying 6.40% p.a. despite two recent reductions in the Bank of England Base Rate.

eSaver is available to British Expats from balances of just £1,000 with the interest rate of 6.40% available where no more than three withdrawals are made between 1st April and 31st March each year.

Lynette Byrne, Acting Managing Director of Bradford & Bingley International, commented; “The offshore market has become very competitive and we are proud to be able to offer our customers one of the best rates available for easy access savings. The convenience of being able to operate this account online 24 hours a day makes it an exciting proposition that we are delighted to be able to offer British Expatriates and customers from the Isle of Man and Channel Islands.”

eSaver is part of Bradford & Bingley International’s range of online savings accounts and offers expats all the advantages of banking on the internet. 24 hour access, 7 days a week gives expats the ability to manage their savings and make transactions from the convenience of their homes without the need to worry about international time zones.

Bradford & Bingley International specialises in offshore savings accounts and is one of the leading offshore savings banks based on the AAA rated Isle of Man. It offers a wide range of tax efficient savings accounts for international and expatriate customers as well as Isle of Man and Channel Island residents.

Visit the BBI website for more information on its eSaver offshore online savings account.

Note to editors

Information about Bradford & Bingley International can be found at the following web address – www.bbi.co.im

Bradford & Bingley International Limited is licensed by the Isle of Man Financial Supervision Commission to conduct banking business and is a wholly owned subsidiary of Bradford & Bingley plc

Bradford & Bingley plc has given a legal undertaking agreeing to discharge the liabilities of Bradford & Bingley International Limited in so far as Bradford & Bingley International Limited is unable to discharge them out of its own assets and while Bradford & Bingley International Limited remains a subsidiary of Bradford & Bingley plc. Under Isle of Man legislation, deposits made with an Isle of Man office of Bradford & Bingley International Limited are covered by the Depositors Compensation Scheme contained in the Banking Business (Compensation of Depositors) Regulations 1991 (as amended).