Based on your country of residence we offer account locations in London or the Isle of Man.

The location is important for several reasons. It can affect:

  • How much tax you pay
  • Which legal entity your money is deposited with
  • Which compensation scheme your money is covered by
  • Which face-to-face banking services are available

We’ll take the stress out of international banking

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International Banking is available if you have £25,000 (or currency equivalent) to deposit and maintain across your accounts, or you’re opening an account to apply for an international mortgage with us. If you want to open an International Bank Account:

What are the options?

Living, working or depositing money outside your home country

We have financial solutions for people with a wide range of international banking needs, from UK expats to French nationals living in Dubai to Kenyan residents depositing money offshore.

If you’re living, working or depositing money outside your home country, we offer account locations in London or the Isle of Man, based on your country of residence. Either location gives you full access to your Personal Banker or Relationship Manager by telephone.

You should seek independent tax advice to see about possible advantages of banking or investing in either location. You should also consider the different compensation and regulatory schemes in different jurisdictions.

Residents of Jersey, Guernsey or the Isle Of Man

If you are a permanent resident of, or are moving to Jersey, Guernsey or the Isle of Man, we will open your account in your local island branch. For more information about our services for residents of Jersey, Guernsey or the Isle of Man please visit our Banking and Investing Overseas Hub.

Note:

For residents in the countries outlined in the following links: http://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/crs-by-jurisdiction/crs-by-jurisdiction-2018.htm And https://www.home.barclays/fatca.html In line with our responsibilities, we will share information about you and your savings income with the relevant tax authorities. This is also known as Information Exchange. We will give you more information about this during the application process.

Please note that Barclays does not give tax advice and you should seek independent advice tailored to your individual circumstances.

Non-domiciled residents of the UK

AS a non-domiciled resident of the UK, you can choose to open your account in an offshore location, such as the Isle of Man.

You should take independent tax advice to make sure this is the right decision for you.

UK (London)

If you choose to locate your account in the UK (London), your accounts and savings will be protected by the UK’s legal system.

Your eligible deposits with Barclays Bank UK PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Barclays, Barclays Business Banking, Barclays Premier Banking, Barclays Smart Investor and Barclays Wealth Management. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please ask here for further information or visit www.fscs.org.uk

The London account location will be available to mortgage clients and clients resident in most EEA countries.

Barclays Bank UK PLC. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register No. 759676). Registered in England. Registered no. 9740322 Registered Office: 1 Churchill Place, London E14 5HP.

Please note that Barclays does not give tax advice and you should seek independent advice tailored to your individual circumstances.

Isle of Man

The Isle of Man is a British Crown Dependency, and is well placed for offshore banking. Although not part of the UK or the European Union, it is closely aligned with both, and benefits from free trade and free flow of capital with EU member states.

Because the Isle of Man has its own government and legal systems, they decide their own fiscal and economic policies. There can be important tax benefits for non-residents , and has an excellent reputation for financial services.

Compensation in the Isle of Man

Deposits made with Barclays Private Clients International Limited and Barclays Bank PLC, Isle of Man Branch are covered by the Isle of Man's Depositors' Compensation Scheme (DCS) detailed in the Depositors’ Compensation Regulations 2010.

This offers protection of up to a maximum of £50,000 of new deposits (or the equivalent in foreign currency) per individual depositor per deposit taker. This means a maximum of £50,000 compensation is payable per depositor. If you have loans with the same deposit taker in the Isle of Man, these may be counted against any deposits.

The Isle of Man's DCS covers depositors regardless of where they are located.

Full details of the Scheme and banking groups covered are available on request, or by visiting www.iomfsa.im/dcsguidance.xml

Barclays Bank PLC is registered in England and authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered Number: 1026167. Registered Office: 1 Churchill Place, London E14 5HP. Barclays Bank PLC Isle of Man Branch is licensed by the Isle of Man Financial Services Authority. Barclays Bank PLC, Isle of Man Branch has its principal business address in the Isle of Man at Barclays House, Victoria Street, Douglas, Isle of Man, IM99 1AJ.

Please note that Barclays does not give tax advice and you should seek independent advice tailored to your individual circumstances.

Jersey

Jersey is a British Crown Dependency, and is well placed for offshore banking. Although not part of the UK or the European Union, it is closely aligned with both, and benefits from free trade and free flow of capital with EU member states.

Because Jersey has its own government and legal systems, they decide their own fiscal and economic policies. There can be important tax benefits for non-residents , and has an excellent reputation for financial services.

Compensation in Jersey

Barclays Private Clients International Limited, Jersey Branch and Barclays Bank PLC, Jersey Branch are participants in the Jersey Bank Depositors Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the Scheme and banking groups covered are available on the States of Jersey website www.gov.je/dcs, or on request.

Barclays offers wealth and investment products and services to its clients through Barclays Bank PLC and its subsidiary companies. Barclays Private Clients International Limited, part of Barclays, is registered in the Isle of Man. Registered Number: 5619. Registered Office: Barclays House, Victoria Street, Douglas, Isle of Man, IM991AJ. Barclays Private Clients International Limited is licensed by the Isle of Man Financial Services Authority, and authorised and regulated by the Financial Conduct Authority in the UK in relation to UK regulated mortgage activities and consumer credit activities.

Barclays Private Clients International Limited, Jersey Branch is regulated by the Jersey Financial Services Commission. Barclays Private Clients International Limited, Jersey branch has its principal business address in Jersey at 13 Library Place, St. Helier, Jersey JE4 8NE, Channel Islands.

Barclays offers wealth and investment products and services to its clients through Barclays Bank PLC and its subsidiary companies. Barclays Bank PLC is registered in England and authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered Number: 1026167. Registered Office: 1 Churchill Place, London E14 5HP Barclays Bank PLC, Jersey Branch has its principal business address in Jersey at 13 Library Place, St Helier, Jersey JE4 8NE, Channel Islands.

Please note that Barclays does not give tax advice and you should seek independent advice tailored to your individual circumstances.

WE’LL TAKE THE STRESS OUT OF INTERNATIONAL BANKING

Talk to us on

International Banking is available if you have £25,000 (or currency equivalent) to deposit and maintain across your accounts, or you’re opening an account to apply for an international mortgage with us. If you want to open an International Bank Account: