Hi guys, I was wondering from your personal experience what do you use for banking?
I'm thinking of an offshore account which I will open before I arrive to KSA.
cheers
mike
Local bank vs offshore vs UK bank
32
526
Hi, please share what offshore account you are looking at/using (PM me) I am looking but I am so confused by all of these but my husband keeps telling me to look for something. UK accounts have quite low interest rates in comparison, but obviously are a little safer in terms of dissapearing with all your cash. At least I know who RBS and such are.
73
Good Evening
HSBC Jersey is as good as any for a brit --especiall if you have an HSBC UK account.
Other wise any of the main stream banks have off shore facilities.
Regards
32
Well, HSBC requires to have 25K. From the website:
Am I eligible?
If you have £25,000, or currency equivalent, and you're aged 18 or over, you're eligible to bank, save and then invest with us.
279
Lloyds offshore is good option with free international transfers and you only need to have a balance equal to £2500 to avoid monthly fees. I have looked at different options this one is most cost effective.
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