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Expat Investor : September 2008
ISLE OF MAN Money-management Manx style The Isle of Man’s international financial sector offers a wide range of money tools for expats looking to bank or save offshore. The Isle of Man has an international reputation as a finance centre, but British expats will still recognise many High Street names specialising in offshore money tools – notably to take care of their banking and saving requirements. 6 EXPAT INVESTOR ? Many of the names you’ll find based on this Island head the leading interest paying accounts’ league tables including, Kaupthing Singer & Friedlander (IOM), Anglo Irish Bank (IOM), Alliance & Leicester September 2008 International, Irish Nationwide (IOM), Bank of Scotland International, Bradford & Bingley International, Britannia International, Irish Permanent International and Zurich Bank expatinvestor.com International. Zurich Bank International’s product range has expanded over the last few years. For sterling savers there’s the Zurich Reward Account which permits unlimited withdrawals on its no-notice term- the first 10 of these are free, thereafter each withdrawal will cost you £2. Interest on this account is paid annually. Or sterling savers can sign up for this Bank’s Easy Access Deposit Account which starts paying interest
July August 2008