Barclays in the Isle of Man
We provide local and international banking services from the Isle of Man, working with personal customers and corporate clients who live there or use it as a regional base.
Why choose the Isle of Man?
The island is one of the world’s most respected finance centres, known globally for quality banking, insurance, fiduciary, fund management, captive insurance and pension services. It’s been praised by the Organisation for Economic Co-operation and Development, G20 and the International Monetary Fund for its place at the forefront of best practice in the financial sector.
Political and economic stability
Throughout the global recession that dominated the financial world from 2007, the Isle of Man economy continued to grow. That’s thanks in part to its politically stable environment, governed by an independent, democratically-elected Parliament and judicial system.
Transparency and best practice
The island has led the development of pragmatic financial regulation and consumer protection measures, and continues to set the standard for international financial regulation. It has several international tax agreements in place, for example, that demonstrate its commitment to meeting and supporting international standards.
Barclays on the Isle of Man
We’ve had a presence on the island since 1921. Today there are three branches in Douglas, Ramsey and Castletown. That means we understand and work within the local financial environment, while at the same time connecting you to the wider global resources of the Barclays Group.
It’s our mission to be a role model for jurisdictional banking, offering innovative, pioneering, market-leading products and services at all times. We’re committed to the success of our community, as well as to that of our colleagues, and we pride ourselves on being a centre of excellence for offshore banking.
WHO WE WORK WITH
We offer a range of services to both retail and corporate customers, including:
- Personal banking customers
Current and savings accounts, overdrafts and mortgages for Isle of Man residents
- Small and medium enterprises
We can support all local businesses whether they are start ups, established or ready to grow
- Local corporates
We provide corporate banking services to Isle of Man businesses with an annual turnover in excess of £5 million, and to large local companies
- Offshore corporate
We specialise in serving corporate clients who require non-domestic banking requirements
Our banking and investment services help to deliver cost efficiencies, risk mitigation and yield enhancement opportunities for Fiduciaries, Wealth Managers, Trust Companies and their clients
- Family offices
We provide banking services for family offices through an experienced, local relationship team.
- Fund managers and administrators
We provide a range of specialist banking and financial solutions for every stage of the fund lifecycle
- Captive Insurance
Our captive insurance specialists are all qualified specialists providing solutions specific for your industry.